Company: PGACR
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-002878
Chunk: 580

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 6
Chunk 580
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 Snyder of $18,750.

Evan Graj, a Director of the Company, paid office
expenses on behalf of the Company during the period from May 31, 2024 (inception) through December 31, 2024.

As of December 31, 2024, the Company had accrued
expenses for Evan Graj of $470.

Note 6 — Commitments and
Contingencies

Registration Rights

The holders of the founder shares, Private Placement Units (including
securities contained therein) and Units (including securities contained therein) that may be issued on conversion of working capital
loans or extension loans will be entitled to registration rights pursuant to a registration rights agreement to be signed prior to or
on the effective date of this offering requiring the Company to register such securities for resale. The holders of these securities are
entitled to make up to three demands, excluding short form demands, that the Company register such securities. In addition, the holders
have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the Company’s
completion of the Company’s initial business combination and rights to require the Company to register for resale such securities
pursuant to Rule 415 under the Securities Act. The Company will bear the expenses incurred in connection with the filing of any such
registration statements.

Underwriting Agreement

The Company granted the underwriters a 45-day option to purchase up
to an additional 1,125,000 Units solely to cover over-allotments, if any. The underwriters
had exercised the Over-Allotment Option.

The underwriter was paid a cash underwriting discount
of $0.125 per Unit, or $1,078,125 at the closing of the IPO.

Additionally, the underwriters will be entitled to 1.0% of gross proceeds
of the IPO $862,500 and will be paid at the closing of the initial business combination as deferred underwriting fee. If the Company does
not complete its initial business combination within the time period required by its amended and restated memorandum and articles of association
effective at the time, the underwriters have agreed that (i) they will forfeit any rights or claims to their deferred underwriting
discounts and commissions, including any accrued interest thereon, then in the trust account, and (ii) that the deferred underwriters’
discounts and commissions will be included with the funds held in