Roth Capital Partners Closes $115 Million IPO for Silver Pegasus Acquisition Corp.

Roth Capital Partners successfully closed a $115 million IPO for Silver Pegasus Acquisition Corp., marking a significant milestone in the special purpose acquisition company's journey.

July 23, 2025
Roth Capital Partners Closes $115 Million IPO for Silver Pegasus Acquisition Corp.

Roth Capital Partners, LLC, acting as sole manager, announced the closing of a $115 million initial public offering (IPO) for Silver Pegasus Acquisition Corp. (NASDAQ: SPEGU), a special purpose acquisition company. 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.

The IPO was conducted exclusively through a prospectus, accessible via Roth Capital Partners or the SEC’s website. The SEC declared the registration statement effective on July 14, 2025. This development underscores the growing interest and confidence in special purpose acquisition companies as vehicles for business combinations and investment opportunities.