Is SPEG diluting shareholders?

Read three numbers together: shares outstanding over time (see chart), warrants that can convert into new shares (11.5M reported), and how much cash runway remains (~3441.7610048264232 months). A company short on cash with live registrations is structurally likely to issue shares.

Where do these numbers come from?

SEC EDGAR only: the XBRL company-facts API for shares, warrants and cash, and filing metadata for registrations and pricings. Every figure shows its source form, and nothing here is estimated by us beyond the arithmetic stated next to it.

Why might a warrant tranche be missing from the table?

The tranche table is built from the dimensions the company tagged in its own 10-Q or 10-K XBRL. A tranche the filer chose not to dimension does not appear, and its absence proves nothing: the exhibits remain the ground truth. Everything shown carries the filing it came from.

Dilution profile // every instrument, one screen, from SEC filings

Silver Pegasus Acquisition Corp. (SPEG)

CIK 2028735 · all EDGAR filings →

Overall dilution risk

HIGHworst of 2 computed signals (offering ability)

= the worst band among the computed sub-ratings, no hidden weighting

not every sub-rating was computable; treat as a floor

Offering ability

HIGHS-1/A on file 2025-06-26

= is there a registration (S-1/S-3 family) on file without a later withdrawal

no structured fee data on the live registrations, so this is a yes/no, not a size

Overhead supply

NOT COMPUTEDno warrant count tagged in XBRL

= warrant shares outstanding divided by current shares outstanding

absence of a tag is not proof of absence of warrants

Historical dilution

NOT COMPUTEDunder 3 years of share history on file

= share count now vs 3 years ago

Cash need

LOW~3441.8 months of runway

= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

the company itself flagged going-concern doubt

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

Fewer than two cover-page share counts on file, so there is no history to chart.

Cash runway

Going-concern warning

auditor flagged substantial doubt

The company itself flagged going-concern doubt in a filing.

Full breakdown: cash runway tool · source filing →

Warrants

Tranche	Warrants	Exercise price	Term	Notes
Private Placement Warrants	3.3M	$1	—	—
Warrant	3.3M	$11.5	—	—
Class B One Private Placement Warrants	1.0M	not tagged	—	—
Class B Two Private Placement Warrants	1.0M	not tagged	—	—
Class B One Warrants	1.0M	not tagged	—	—
Class B Two Warrants	1.0M	not tagged	—	—

Tranches exactly as the company dimensioned them in its 10-Q filed May 15, 2026 →. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.

Warrants outstanding: 11.5M underlying shares, as reported Mar 31, 2026 (10-Q).

Convertible notes

No convertible-note facts tagged in the 10-Q filed May 15, 2026. If convertible notes exist, their terms live in exhibit prose for this filer and are not parsed; absence of a tag is not proof of absence. The exhibits are the ground truth.

Registrations and offerings

S-1Jan 21, 2025no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 0 executed · 0 registered.

EXECUTEDJul 18, 2025Unregistered share sale disclosed (8-K item 3.02)8-K →

EXECUTEDJul 15, 2025Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4 →

EFFECTIVEJul 14, 2025SEC declared a registration effective — selling can beginEFFECT →

REGISTEREDJun 26, 2025S-1/A registration — capacity to sell shares, not a sale yetS-1/A →

REGISTEREDJun 20, 2025S-1/A registration — capacity to sell shares, not a sale yetS-1/A →

REGISTEREDMay 20, 2025S-1/A registration — capacity to sell shares, not a sale yetS-1/A →

REGISTEREDJan 21, 2025S-1 registration — capacity to sell shares, not a sale yetS-1 →

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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