Company: PGACR
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001213900-25-108205
Chunk: 4

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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) 
    $(146,534) 
    $(121,534)

(1)This number includes an aggregate of up to 281,250 Class B ordinary shares subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters. On December 6, 2024, the underwriters fully exercised the over-allotment option for an additional 1,125,000 Units, reducing the Class B ordinary shares subject to forfeiture to 0 (see Note 5).

(2)Gives retroactive effect to additional 431,250 shares issue to the Sponsor at par value on July 5, 2024.

The
accompanying notes are an integral part of these unaudited financial statements.

3

PANTAGES
CAPITAL ACQUISITION CORPORATION
STATEMENTS OF CASH FLOWS

(Unaudited) 

    For The 

    Period From 

    For The Nine Months Ended September 30, 2025  
    May 31, 2024 (Inception) Through September 30,  2024 
  
    Cash Flows from Operating Activities: 

    Net income (loss) 
    $2,090,753  
    $(146,534)
  
    Adjustments to reconcile net income (loss) to net cash used in operating activities: 

    Interest and dividend earned on cash and investments held in Trust Account 
     (2,709,511) 
     - 
  
    Formation and operating cost paid by the Sponsor 
     -  
     118,165 
  
    Changes in operating assets and liabilities: 

    Prepaid expenses 
     14,565  
     - 
  
    Accounts payable and accrued expenses 
     (3,774) 
     27,219 
  
    Due to related parties 
     (33,521) 
     - 
  
    Net Cash Used in Operating Activities 
     (641,488) 
     (1,150)

    Cash Flows from Financing Activity: 

    Proceeds from promissory note – related party 
     -  
     12,000 
  
    Proceeds from working capital loan - related party 
     457,500  
     - 
  
    Net Cash Provided by Financing Activity 
     457,500  
     12,000 

    Net Change in