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

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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2022 by the Russian Federation and Belarus in the country of Ukraine and related
economic sanctions, the Company’s ability to consummate an initial business combination, or the operations of a target business
with which the Company ultimately consummates an initial business combination, may be materially and adversely affected. In addition,
the Company’s ability to consummate a transaction may be dependent on the ability to raise equity and debt financing which may
be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party financing
being unavailable on terms acceptable to the Company or at all. The impact of this action and related sanctions on the world economy
and the specific impact on the Company’s financial position, results of operations and/or ability to consummate an initial business
combination are not yet determinable. The unaudited financial statements do not include any adjustments that might result from the outcome
of this uncertainty.

Note 2 — Significant
Accounting Policies

Basis
of Presentation

The
accompanying unaudited financial statements are presented in conformity with accounting principles generally accepted in the United States
of America (“US GAAP”) and pursuant to the rules and regulations of the SEC. The interim financial information
provided is unaudited but includes all adjustments which management considers necessary for the fair presentation of the results for
the period. The information included in this Form 10-Q should be read in conjunction with information included in the Company’s
annual report on Form 10-K for the year ended December 31, 2024, filed with the SEC on March 27, 2025. Operating results for the interim
period ended September 30, 2025 are not necessarily indicative of the results that may be expected for the fiscal year ending December 31,
2025.

Emerging
Growth Company Status

The
Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act of 1933, as
amended, (the “Securities Act”), as modified by the Jumpstart Our Business Startups Act of 2012, as amended (the
“JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other
public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor
attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002