Company: PGACR
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-002878
Chunk: 176

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1B
Chunk 176
---
 Ordinary Shares Subject to Possible Redemptions and Shareholders' Deficit 

    Current Liabilities 

    Accounts payable and accrued expenses 
    $121,039 
  
    Due to related parties 
     33,521 
  
    Total Current Liabilities 
     154,560 

    Deferred underwriting commission payable 
     862,500 
  
    Total  Liabilities 
     1,017,060 

    Commitments and Contingencies 

    Class A ordinary shares subject to possible redemption, 8,625,000 shares at conversion value of $10.03 per share 
     86,518,878 

    Shareholders' Deficit: 

    Preference shares, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding 
     - 
  
    Class A ordinary shares, $0.0001 par value, 445,000,000 shares authorized, 244,250 shares issued and outstanding (excluding 8,625,000 shares subject to possible redemption) 
     24 
  
    Class B ordinary shares, $0.0001 par value, 50,000,000 shares authorized, 2,156,250 shares issued and outstanding 
     216 
  
    Additional paid-in capital 
     - 
  
    Accumulated deficit 
     (361,860)
  
    Total Shareholders' Deficit 
     (361,620)
  
    Total Liabilities, Ordinary Shares Subject to Possible Redemptions and Shareholder's Deficit 
    $87,174,318 

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

F-3

    AIFEEX
    NEXUS ACQUISITION CORPORATION

(FORMERLY KNOWN AS SHEPHERD AVE CAPITAL ACQUISITION
CORPORATION)

    STATEMENT
    OF OPERATIONS

    For The Period From 

    May 31, 2024 

    (Inception) Through 

    December 31, 2024 
  
    Formation and operating costs 
    $300,435 
  
    Stock-based compensation expense 
     53,754 
  
    Loss from operations 
     (354,189)

    Other income 

    Interest and dividend income on investment held in Trust Account 
     268,878 

    Net loss 
    $(85,311)

    Basic