Roth Capital Partners, LLC has successfully closed the initial public offering (IPO) for Silver Pegasus Acquisition Corp. (NASDAQ: SPEGU), a special purpose acquisition company (SPAC), raising $115 million. The offering, finalized 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 under the symbol 'SPEGU' commenced on July 15.
This development is significant as it underscores the continued interest and confidence in SPACs as a vehicle for companies to go public, bypassing the traditional IPO route. The successful raising of $115 million, including the full over-allotment, reflects strong investor appetite for SPACs, despite the fluctuating market conditions. SPACs like Silver Pegasus Acquisition Corp. play a crucial role in the financial ecosystem by providing companies with an alternative path to public markets, which can be particularly appealing in uncertain economic times.
The offering was conducted through a prospectus, available via Roth Capital Partners or the SEC’s website at https://www.sec.gov. A registration statement related to this offering was declared effective by the SEC on July 14, 2025. This IPO not only represents a significant achievement for Silver Pegasus Acquisition Corp. and Roth Capital Partners but also highlights the evolving dynamics of the capital markets, where SPACs continue to be a popular mechanism for raising funds.
