Company: PGACR
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044013
Chunk: 2

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
  
    $(361,860) 
    $(361,620)
  
    Remeasurement
    of carrying value to redemption value 
     -  
     -  
     -  
     -  
     -  
     (896,603) 
     (896,603)
  
    Net
    income 
     -  
     -  
     -  
     -  
     -  
     680,854  
     680,854 
  
    Balance
    as of March 31, 2025 
     244,250  
    $24  
     2,156,250  
    $216  
    $-  
    $(577,609) 
    $(577,369)

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

3

AIFEEX NEXUS ACQUISITION CORPORATION

STATEMENT
OF CASH FLOWS

(Unaudited)

    For The

    Three Months Ended

    March 31, 2025

    Cash Flows from Operating Activities:

    Net income
     
    $
    680,854

    Adjustments to reconcile net loss to net cash used in operating activities: 

    Interest and dividend earned on cash and investments held in Trust Account

    (896,603
    )
  
    Changes in operating assets and liabilities:

    Prepaid expenses

    (44,631
    )
  
    Accounts payable and accrued expenses

    930

    Due to related parties

    (84
    )
  
    Net Cash Used in Operating Activities

    (259,534
    )

    Net Change in Cash

    (259,534
    )

    Cash, beginning of period

    533,006

    Cash, end of period
     
    $
    273,472

    Supplemental Disclosure of Non Cash Financing Activities:

    Remeasurement of carrying value to redemption value
     
    $
    896,603

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

4

AIFEEX NEXUS ACQUISITION CORPORATION

NOTES TO UNAUDITED FINANCIAL STATEMENTS

Note 1 — Organization,
Business Operation and Going Concern Consideration

Aifeex Nexus Acquisition Corporation (the “Company”,
formerly known as “Shepherd Ave Capital Acquisition Corporation”)