Company: PGACR
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-002878
Chunk: 290

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 2
Chunk 290
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. Markscheid, served as a director for Monterey Capital Acquisition Corp. from December 2021 until
its business combination with ConnectM Technology Solutions, Inc. in July 2024. Mr. Markscheid has continued to serve as the
director of the post-combination entity, ConnectM Technology Solutions, Inc., a clean energy solutions provider, since July 2024.
He also served as a director of Tristar Acquisition I Corp. from August 2023 until its business combination with Helport Limited
in August 2024, at which point he resigned as a director of the company. Mr. Markscheid has also served as an independent director
of Four Leaf Acquisition Corp. (Nasdaq: FORL) since July 2022, and as an independent director of Charlton Aria Acquisition Corp.
(Nasdaq: CHAR) since October 2024, two SPACs currently in search of a target for business combination.

Notwithstanding
the foregoing, our officers and directors are not required to commit their full time to our affairs and will allocate their time to other
businesses, and the collective experience of our officers and with blank check companies like ours is not significant. We presently expect
each of our employees to devote such amount of time as they reasonably believe is necessary to our business (which could range from only
a few hours a week while we are trying to locate a potential target business to a majority of their time as we move into serious
negotiations with a target business for a business combination). The past successes of our executive officers and directors do not guarantee
that we will successfully consummate an initial business combination. In addition, the members of the management team may not remain
with us subsequent to the consummation of a business combination.

Number
and Terms of Office of Officers and Directors

Our
board of directors consists of five members. Our board of directors is divided into three classes, with only one class of directors being
elected in each year, and with each class (except for those directors appointed prior to our first annual meeting of shareholders) serving
a three-year term: Class I, with a term expiring at the first annual general meeting — Evan M. Graj; Class II, with a term
expiring at the second annual general meeting — Stephen Markscheid and Wee Peng Siong; and Class III, with a term expiring at the
third annual general meeting — William W. Snyder and Jia