Company: PGACR
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001213900-25-108205
Chunk: 58

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 8
Chunk 58
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 complies with accounting and disclosure requirements of FASB ASC 260, “Earnings Per Share”. Net income per ordinary
share is computed by dividing net income by the weighted average number of ordinary shares outstanding for the period. Remeasurement
of carrying value to redemption value of redeemable ordinary shares is excluded from income per share as the redemption value approximates
fair value. For the three and nine months ended September 30, 2025, the Company has not considered the effect of the Rights included
in the IPO and Private Placement Units in the calculation of diluted net income per share, since the conversion of the Rights is contingent
upon the occurrence of future events and the inclusion of such Rights would be anti-dilutive and the Company did not have any other dilutive
securities and other contracts that could, potentially, be exercised or converted into ordinary shares and then share in the earnings
of the Company. As a result, diluted income per share is the same as basic income per share for the period presented.

    For
    The Three Months Ended  
    For
    The Three Months Ended 

    September
    30, 2025  
    September
    30, 2024 

    Redeemable  
    Non-Redeemable  
    Redeemable  
    Non-Redeemable 

     Class
                                            A  
     Class
                                            A  and Class B  
     Class
                                            A  
     Class
                                            A
                                            and Class B 

     Ordinary  
     Ordinary  
     Ordinary  
     Ordinary 

     Shares  
     Shares  
     Shares  
     Shares 
  
    Basic and diluted net income
    (loss) per ordinary share: 

    Numerators: 

    Allocation
    of net income (loss) 
    $537,179  
    $149,507  
    $-  
    $(129,214)
  
    Denominators: 

    Basic
    and diluted weighted average shares outstanding 
     8,625,000  
     2,400,500  
     -  
     1,875,000 
  
    Basic
    and diluted net income (loss) per ordinary share 
    $0.06  
    $0.06  
    $     -