Company: PGACR
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-002878
Chunk: 887

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9B
Chunk 887
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 SEC rules, we are required
to have at least three members of the audit committee, all of whom must be independent within one year of the listing of our Class A ordinary
shares. Each member of the audit committee is financially literate and our board of directors has determined that both Mr. Graj and Mr.
Markscheid qualify as “audit committee financial expert” as defined in applicable SEC rules.

The
audit committee is responsible for:

    ●
    meeting
    with our independent registered public accounting firm regarding, among other issues, audits, and adequacy of our accounting and
    control systems;

    ●
    monitoring
    the independence of the independent registered public accounting firm;

    ●
    verifying
    the rotation of the lead (or coordinating) audit partner having primary responsibility for the audit and the audit partner responsible
    for reviewing the audit as required by law;

    ●
    inquiring
    and discussing with management our compliance with applicable laws and regulations;

    ●
    pre-approving
    all audit services and permitted non-audit services to be performed by our independent registered public accounting firm, including
    the fees and terms of the services to be performed;

    ●
    appointing
    or replacing the independent registered public accounting firm;

    ●
    determining
    the compensation and oversight of the work of the independent registered public accounting firm (including resolution of disagreements
    between management and the independent auditor regarding financial reporting) for the purpose of preparing or issuing an audit report
    or related work;

    ●
    establishing
    procedures for the receipt, retention and treatment of complaints received by us regarding accounting, internal accounting controls
    or reports which raise material issues regarding our financial statements or accounting policies;

    ●
    monitoring
    compliance on a quarterly basis and, if any non-compliance is identified, immediately taking all action necessary to rectify such
    non-compliance or otherwise causing compliance; and

    ●
    reviewing
    and approving all payments made to our existing shareholders, executive officers or directors and their respective affiliates. Any
    payments made to members of our audit committee will be reviewed and approved by our board of directors, with the interested director
    or directors abstaining from such review and approval.

Compensation
Committee

We
have established a compensation committee of the board of directors, which consists of Mr. Graj, Mr. Markscheid, and Mr. Wee, each of
whom is an independent director under