Company: PGACR
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044013
Chunk: 159

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 159
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, the CODM reviews the key metric, formation
and operating costs and interest and dividend income on cash and investments held in Trust Account which are included in the accompanying
unaudited statement of operations.

The
key measures of segment profit or loss reviewed by our CODM are interest and dividend income on cash
and investments held in Trust Account and formation and operating costs. The CODM reviews interest and dividend income on
investment held in Trust Account to measure and monitor shareholder value and determine the most effective strategy of cash
and  investments with the Trust Account funds while maintaining compliance with the trust agreement. Formation and operating
costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete an
initial business combination within the initial business combination period. The CODM also reviews formation and operating costs to
manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

Note 9 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the balance sheet date through the date when these unaudited financial statements were issued. Based on this review,
the Company did not identify any subsequent events that would require adjustment or disclosure in the unaudited financial statements.

15

ITEM 2. Management’s Discussion and Analysis of Financial
Condition and Results of Operations

References in this report
(the “Quarterly Report”) to “we,” “us” or the “Company” refer to Aifeex Nexus Capital
Acquisition Corporation. References to our “management” or our “management team” refer to our officers and directors,
and references to the “Sponsor” refer to Aitefund Sponsor LLC. The following discussion and analysis of the Company’s
financial condition and results of operations should be read in conjunction with the unaudited financial statements and the notes thereto
contained elsewhere in this Quarterly Report. Certain information contained in the discussion and analysis set forth below includes forward-looking
statements that involve risks and uncertainties.

Special Note Regarding Forward-Looking Statements

This Quarterly Report
includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities
Act”), and Section 21E of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”) that are not historical
facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All
statements, other than statements of