Company: PGACR
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-002878
Chunk: 36

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1
Chunk 36
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of directors.

We
do not intend to take any action to ensure that members of our management team maintain their positions with us after the consummation
of our initial business combination, although it is possible that some or all of our executive officers and directors may negotiate employment
or consulting arrangements to remain with us after our initial business combination. The existence or terms of any such employment or
consulting arrangements to retain their positions with us may influence our management’s motivation in identifying or selecting
a target business but we do not believe that the ability of our management to remain with us after the consummation of our initial business
combination will be a determining factor in our decision to proceed with any potential business combination. We are not party to any
agreements with our executive officers and directors that provide for benefits upon termination of employment.

22

Item
12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The following table sets
forth information regarding the beneficial ownership of our ordinary shares as of the date hereof, based on information obtained from
the persons named below, with respect to the beneficial ownership of our ordinary shares, by:

    ●
    each
    person known by us to be the beneficial owner of more than 5% of our outstanding ordinary shares;

    ●
    each
    of our executive officers and directors; and

    ●
    all
    of 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 ordinary
shares beneficially owned by them.

    ordinary shares  (Class A and Class B combined) 
  
    Name of Beneficial Owners(1) 
    Number of Shares Beneficially Owned  
    Approximate Percentage 
  
    Directors and Officers 

    William W. Snyder 
     100,000(2) 
     * 
  
    Jia Peng 
     60,000(2) 
     * 
  
    Stephen Markscheid 
     20,000(3) 
     * 
  
    Evan M. Graj 
     20,000(3) 
     * 
  
    Wee Peng Siong 
     20,000(3) 
     * 
  
    All officers and directors as a group (5 individuals) 
     220,000  
     2.0%
  
    Principal shareholders (5%+)