Company: PGACR
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001213900-25-108205
Chunk: 75

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 8
Chunk 75
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”, and “AIFER”, and commenced trading under the new symbols on March
12, 2025.

Second
Name Change

On
August 5, 2025, the Company held another extraordinary general meeting (the “Second Shareholder Meeting”).

At
the Second Shareholder Meeting, the shareholders of the Company, by special resolution, approved the proposal to amend Company’s
2nd AR MAA to change the Company’s name from “Aifeex Nexus Acquisition Corporation” to “Pantages Capital
Acquisition Corporation” (the “Second Name Change”).

Promptly
following the approval, the Company filed a Third Amended and Restated Memorandum and Articles of Association (the “Current MAA”)
with the Cayman Islands Companies Register to effect the Second Name Change. In connection with the Second Name Change, the Company’s
ticker symbols for its units, ordinary shares and rights changed from “AIFEU”, “AIFE”, and “AIFER”,
in each case to “PGACU”, “PGAC”, and “PGACR”, and commenced trading under the new symbols on August
8, 2025.

Results
of Operations  

We
have neither engaged in any operations nor generated any revenues to date. Our only activities from May 31, 2024 (inception) to September
30, 2025 were organizational activities, those necessary to prepare for the IPO, described below, and, after the IPO, identifying a target
company for an initial business combination. We do not expect to generate any operating revenues until after the completion of our initial
business combination. We may generate non-operating income in the form of interest and dividend income on cash and investments held in
the trust account. We incur expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance),
as well as for due diligence expenses in connection with completing an initial business combination.

For
the three months ended September 30, 2025, we had a net income of $686,686, which consisted of interest and dividend income on cash and
investments held in trust account of $911,969 and partially offset by formation and operating costs of $225,283.

16

For
the three months ended September 30, 2024, we had a net loss of $129,214, which consisted of formation and operating costs of $129,214.

For
the nine months ended September 30,