| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 237,393 | 378,794 | 452,101 | NaN |
| Prepaid expenses | 157,954 | 147,763 | 176,396 | 282 |
| Total current assets | 395,347 | 526,557 | 628,497 | 282 |
| Marketable securities held in trust account | 118,138,535 | 117,108,805 | 115,989,876 | NaN |
| Deferred offering costs | NaN | NaN | NaN | 278,689 |
| Long-term prepaid insurance | NaN | 4,013 | 28,088 | NaN |
| Total assets | 118,533,882 | 117,639,375 | 116,646,461 | 278,971 |
| Promissory note - related party-Related Party | NaN | NaN | NaN | 179,649 |
| Accounts payable and accrued expenses | 77,481 | 59,771 | 31,569 | 79 |
| Accrued offering costs | NaN | 75,000 | 75,000 | 170,683 |
| Advance from related party-Related Party | NaN | NaN | 79 | NaN |
| Accrued offering costs | 75,000 | NaN | NaN | NaN |
| Total current liabilities | 152,481 | 134,771 | 106,648 | NaN |
| Derivative liability-Public Rights | 2,875,000 | 2,760,000 | 2,875,000 | NaN |
| Derivative liability-Private Warranty | 1,314,725 | 1,557,475 | 1,494,075 | NaN |
| Deferred underwriting fee | 4,025,000 | 4,025,000 | 4,025,000 | NaN |
| Total liabilities | 8,367,206 | 8,477,246 | 8,500,723 | 350,411 |
| Class a ordinary shares subject to possible redemption, 11,500,000 shares at redemption value of approximately 10.27 per share and 10.18 per share as of march 31, 2026 and december 31, 2025 respectively | 118,138,535 | 117,108,805 | 115,989,876 | NaN |
| Ordinary shares, value | 383 | 383 | 383 | 383 |
| Ordinary shares, value-Common Class A | NaN | NaN | NaN | 0 |
| Additional paid-in capital | NaN | NaN | NaN | 24,617 |
| Accumulated deficit | -7,972,242 | -7,947,059 | -7,844,521 | -96,440 |
| Total shareholders deficit | -7,971,859 | -7,946,676 | -7,844,138 | -71,440 |
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit | 118,533,882 | 117,639,375 | 116,646,461 | 278,971 |
Silver Pegasus Acquisition Corp. (SPEG)
Silver Pegasus Acquisition Corp. (SPEG)