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

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-11-10
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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Three
Months 

    Ended  
    Ended 

    September
    30,  
    September
    30, 

    2025  
    2024 
  
    Professional fees
    incurred in connection with potential business combination 
    $(55,305) 
    $- 
  
    Other formation and operating
    costs 
     (169,978) 
     (129,214)
  
    Interest
    and dividend income on cash and investments held in Trust Account 
     911,969  
     - 
  
    Net income
    (loss) 
    $686,686  
    $(129,214)

    For The
 Period From 

    For the  
    May 31,
 2024 

    Nine Months
Ended  
    (Inception)
 Through 

    September 30,  
    September 30,

    2025  
    2024 
  
    Professional fees incurred in connection with potential business combination 
    $(55,305) 
    $(146,534)
  
    Other formation and operating costs 
     (563,453) 
     - 
  
    Interest and dividend income on cash and investments held in Trust Account 
     2,709,511  
     - 
  
    Net income (loss) 
    $2,090,753  
    $(146,534)

The
key measures of segment profit or loss reviewed by our CODM are interest and dividend income on cash and investments held in Trust Account
and formation and operating costs. The CODM reviews interest and dividend income on cash and investments held in Trust Account to measure
and monitor shareholder value and determine the most effective strategy of cash and investments with the Trust Account funds while maintaining
compliance with the trust agreement. Within formation and operating costs, the CODM specifically reviews professional fees incurred in
connection with potential business combination, which are a significant segment expense, and include legal fees and advisory fees, as
these represent significant costs affecting the Company’s consummation of potential business combination. Other formation and operating
costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete an initial
business combination within the initial business combination period. The CODM also reviews other formation and operating costs to manage,
maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget.

Note 9