Company: PGACR
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-002878
Chunk: 98

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 1A
Chunk 98
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    or reports which raise material issues regarding our financial statements or accounting policies;

    ●
    monitoring
    compliance on a quarterly basis and, if any non-compliance is identified, immediately taking all action necessary to rectify such
    non-compliance or otherwise causing compliance; and

    ●
    reviewing
    and approving all payments made to our existing shareholders, executive officers or directors and their respective affiliates. Any
    payments made to members of our audit committee will be reviewed and approved by our board of directors, with the interested director
    or directors abstaining from such review and approval.

Compensation
Committee

We
have established a compensation committee of the board of directors, which consists of Mr. Graj, Mr. Markscheid, and Mr. Wee, each of
whom is an independent director under NASDAQ’s listing standards. Mr. Markscheid is the Chairperson of the compensation committee.
Our board of directors has determined that each member of our compensation committee is independent under the Nasdaq listing standards
and applicable SEC rules. Under the Nasdaq listing standards and applicable SEC rules, we are required to have at least three members
of the compensation committee, all of whom must be independent within one year of the listing of our Class A ordinary shares.

The
compensation committee is responsible for:

    ●
    reviewing
    and approving on an annual basis the corporate goals and objectives relevant to our Chief Executive Officer’s compensation,
    evaluating our Chief Executive Officer’s performance in light of such goals and objectives and determining and approving the
    remuneration (if any) of our Chief Executive Officer’s based on such evaluation;

    ●
    reviewing
    and approving the compensation of all of our other executive officers;

20

    ●
    reviewing
    our executive compensation policies and plans;

    ●
    implementing
    and administering our incentive compensation equity-based remuneration plans;

    ●
    assisting
    management in complying with our proxy statement and annual report disclosure requirements;

    ●
    approving
    all special perquisites, special cash payments and other special compensation and benefit arrangements for our executive officers
    and employees;

    ●
    if
    required, producing a report on executive compensation to be included in our annual proxy statement; and

    ●
    reviewing,
    evaluating and recommending changes, if appropriate, to the remuneration for directors.

Compensation
Committee Interlocks and Insider Participation

None
of our executive officers currently serves,