Silver Pegasus Acquisition Corp
SPEGBuild a strategy around SPEG
Silver Pegasus Acquisition Corp AI Insights
Informational only. Not investment advice.Snapshot
- SPAC with zero revenue, 116.6M total assets held in trust. Operating loss of -182K TTM reflects minimal shell company activity.[Total Revenue]
- Net loss of -967K TTM driven by -1.8M unusual items (securities losses). Cash burn of -340K from operations.[Net Income]
- Assets 116.6M vs liabilities 8.5M - trust structure intact. Current assets 628K with 452K cash outside trust.[Total Assets]
Watch Triggers
- Total Revenue: Any revenue recognition — Signals business combination completed - transforms from SPAC to operating company
- Cash And Equivalents: Falls below 200K — May require additional financing or accelerate deal timeline under pressure
- Total Liabilities As Reported: Rises above 15M — Increased obligations could dilute trust value or signal deal-related costs
Bull Case
Trust assets of 116.6M provide NAV floor protection. Investors can redeem at ~$10/share if deal unattractive, limiting downside.
Minimal cash burn (-340K TTM operating CF) preserves trust value. G&A of 182K suggests disciplined cost management.
Bear Case
Zero revenue, zero business operations. Pure speculation on management's ability to find and close attractive target.
Securities losses of -1.7M TTM and deadline pressure may force suboptimal deal. SPAC arbitrage has compressed returns.
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
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Forward Thesis
SPAC value hinges entirely on deal announcement - binary outcome within typical 18-24 month window
- Zero operating business means no organic value creation
- Trust assets of ~116M set floor value near NAV
- Management track record determines deal quality
Valuation Context
Caveats
SPEG Fundamentals
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$157.32M | — | ||
$157.08M | — | ||
143 | — | ||
$0 | — | ||
$0.07 | — | ||
0% | — | ||
0% | — | ||
$-554,129 | — | ||
1.87% | — | ||
Beta 5Y (Monthly) | unknown | — |
SPEG Dividend History
SPEG Stock Splits
SPEG SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
05/15/26 | 03/31/26 | 10-Q | |
03/24/26 | 12/31/25 | 10-K | |
11/14/25 | 09/30/25 | 10-Q | |
08/25/25 | 06/30/25 | 10-Q | |
07/15/25 | 03/31/25 | 424B4 | |
07/15/25 | 12/31/24 | 424B4 | |
12/31/24 | 12/31/24 | 424B4 | |
11/14/25 | 09/30/24 | 10-Q | |
06/30/24 | 06/30/24 | DRS | |
11/14/25 | 06/05/24 | 10-Q |