Delusional.
He definitely lost round one. Takedown(s) did nothing and he almost got finished, almost finishing someone after out-striking them and surviving a couple of takedowns, wins you the round. 10-9 Spencer.
Round 2&3 - I don't remember much after round one. I was already a good few beers deep by then. I remember my feeling during the fight being that Pendred was landing some decent legkicks which would rack up points. IIRC, he also got a takedown at some point but again did nothing with it, and he also ate some big shots standing.
I felt it was 29-28 Spencer.