04:09 AM EDT, 07/15/2025 (MT Newswires) -- Silver Pegasus Acquisition (SPEG) said it priced an initial public offering of 10 million units at $10 per unit.

The units will be listed and traded on Nasdaq beginning Tuesday under the ticker symbol "SPEGU," the blank-check company said.

Each unit consists of one share and one right, with each right entitling the holder to a tenth of a share upon the completion of an initial business combination, the company said.

The shares and rights are expected to trade under the symbols "SPEG" and "SPEGR, respectively, the company said.

The offering is expected to close on Wednesday.