Roth Capital Partners, LLC, acting as sole manager, announced the successful closing of a $115 million initial public offering (IPO) for Silver Pegasus Acquisition Corp. (NASDAQ: SPEGU), a special purpose acquisition company. The IPO, which concluded on July 16, 2025, included the full exercise of the underwriters' over-allotment option, resulting in the sale of 11,500,000 units at $10.00 each. Each unit comprises one Class A ordinary share and a right to receive one-tenth of a Class A share upon the completion of a business combination. Trading of the units on Nasdaq commenced on July 15 under the ticker symbol 'SPEGU'.
The offering was conducted exclusively through a prospectus, accessible via Roth Capital Partners or the SEC's website. The Securities and Exchange Commission (SEC) declared the registration statement effective on July 14, 2025. This development signifies a pivotal step for Silver Pegasus Acquisition Corp. as it seeks to leverage the capital raised to pursue a business combination, potentially impacting the investment landscape and offering new opportunities for investors.
