Company: PGACR
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001213900-25-108205
Chunk: 60

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 8
Chunk 60
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 inputs when measuring fair value. Observable inputs reflect the assumptions that market participants would use
in pricing the asset or liability and are developed based on market data obtained from sources independent of the reporting entity.
Unobservable inputs reflect the entity’s own assumptions based on market data and the entity’s judgments about the assumptions
that market participants would use in pricing the asset or liability and are to be developed based on the best information available
in the circumstances.

    ●
    Level
    1 — Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement
    are observable inputs, such as quoted prices in active markets for identical assets or liabilities.

    ●
    Level
    2 — Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar
    underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at
    commonly quoted intervals.

    ●
    Level
    3 — Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques
    when little or no market data exists for the assets or liabilities.

The
following table presents information about the Company’s assets that are measured at fair value on September 30, 2025 and December
31, 2024 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

    September
    30, 2025 
    Carrying
    Value  
    Quoted
    Prices in Active Markets (Level 1)  
    Significant
    Other Observable Inputs  (Level 2)  
    Significant
    Other Unobservable Inputs  (Level 3) 
  
    Assets: 

    Cash
    and Investments held in Trust Account 
    $89,228,389  
    $89,228,389  
    $       -  
    $       - 
  
    Total 
    $89,228,389  
    $89,228,389  
    $-  
    $- 

    December
    31, 2024 
    Carrying
    Value  
    Quoted
    Prices in Active Markets (Level 1)  
    Significant
    Other Observable Inputs  (Level 2)  
    Significant
    Other Unobservable Inputs  (Level 3) 
  
    Assets: