Every 10-Q that Silver Pegasus Acquisition Corp Unit (SPEGU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow SPEGU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SPEGU filings page.
Silver Pegasus Acquisition Corp., a Cayman Islands SPAC, reported results for the quarter ended June 30, 2026. The company has not begun operating activities and is focused on identifying a Business Combination target. Assets are largely held in a U.S. Treasury-backed Trust Account of $119.2 million, supporting redemption value of 11,500,000 Class A public shares at about $10.36 per share.
For the six months ended June 30, 2026, Silver Pegasus recorded net income of $976,280, driven primarily by $2.08 million of interest on Trust investments, partially offset by $287,366 of general and administrative costs and fair value losses on derivative warrant and right liabilities. Due to the redeemable share structure, shareholders’ deficit was $9.0 million.
Liquidity outside the Trust is limited, with $159,863 in cash and a working capital surplus of $112,554. Management discloses that mandatory liquidation will occur if no Business Combination is completed by January 16, 2027, and these conditions raise substantial doubt about the company’s ability to continue as a going concern.
Silver Pegasus Acquisition Corp., a Cayman Islands SPAC, reported net income of $1,004,547 for the quarter ended March 31, 2026, driven mainly by $1,029,730 of interest on funds held in its trust account and a gain on derivative liabilities, offset by $152,933 of general and administrative costs. Total assets were $118,533,882, including $118,138,535 of marketable securities in the trust account and cash of $237,393 held outside the trust. All 11,500,000 Class A ordinary shares are redeemable at approximately $10.27 per share, and the company reports a shareholders’ deficit of $7,971,859. Management highlights substantial doubt about the company’s ability to continue as a going concern because it must complete a business combination by January 16, 2027 or liquidate, and may need additional financing to fund ongoing search and transaction costs.
Silver Pegasus Acquisition Corp completed an initial public offering of 11,500,000 Units at $10.00 per Unit, producing gross proceeds of $115,000,000, and sold 3,250,000 Private Placement Warrants for $3,250,000 to the Sponsor and underwriter representatives. Proceeds from the IPO and private placement were placed in a Trust Account invested in short-term U.S. government treasury obligations or qualifying money market funds and generally will remain there until the company completes a Business Combination, redeems public shares if no combination occurs within the Completion Window, or otherwise permits release under the offering documents. The company has not selected a Business Combination target and has not engaged in substantive discussions. Founder shares held by the Sponsor total 3,833,333 Class B ordinary shares after forfeitures and bonus issuances; the underwriters exercised their full over-allotment on July 16, 2025. A promissory note had outstanding borrowings of $194,649 which were fully repaid as of July 16, 2025. The Private Placement Warrants are exercisable for one Class A share at $11.50 and expire five years after the initial Business Combination.