Company: PGACR
Filing Date: 2025-02-04
Form Type: PRE 14A
Source: 0001213900-25-009651
Chunk: 32

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-02-04
Form: PRE 14A
Chunk 32
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 the approval of the Name Change Proposal. Vote Required for Approval Approval of the Adjournment Proposal requires an ordinary resolution under Cayman Islands law, being the affirmative vote of a majority of the ordinary shares who, being present and entitled to vote at the Extraordinary General Meeting, vote at the Extraordinary General Meeting. Abstentions will be counted in connection with the determination of whether a valid quorum is established but will have no effect on any of the proposal. We believe the Name Change Proposal constitutes a “non -discretionary” matter, and therefore, there will not be any broker non -votesat the Extraordinary General Meeting. Full Text of Resolution “ RESOLVED , as an ordinary resolution, that the adjournment of the Extraordinary General Meeting to a later date or dates to be determined by the chairman of the Extraordinary General Meeting, if necessary, to permit further solicitation and vote of proxies be confirmed, ratified and approved in all respects.” Recommendation of the Board As discussed above, after careful consideration of all relevant factors, our Board has determined that the adjournment proposal is in the best interests of the company and its shareholders. Therefore, if there are insufficient votes for, or otherwise in connection with, the approval of the Name Change, our board will approve and declare advisable adoption of the adjournment proposal. OUR BOARD OF DIRECTORS RECOMMENDS THAT, IF PRESENTED, YOU VOTE “FOR”
THE ADJOURNMENT PROPOSAL. 18

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth information regarding the beneficial ownership of the ordinary shares as of February 10, 2025, based on information obtained from the persons named below, with respect to the beneficial ownership of the shares, by: •each person known by us to be the beneficial owner of more than 5% of our outstanding Class A ordinary shares or Class B ordinary shares; •each of our executive officers and directors; and •all our executive officers and directors as a group. Unless otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all of our ordinary shares beneficially owned by them. The following table does not reflect record or beneficial ownership of the rights as the rights are not exchangeable into ordinary shares of the Company within 60 days of February 10, 2025. The percentages in the following table assume that there are 11,025,500 ordinary shares issued and outstanding, of