Company: PGACR
Filing Date: 2025-07-07
Form Type: PRE 14A
Source: 0001213900-25-061834
Chunk: 76

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-07-07
Form: PRE 14A
Chunk 76
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 | cease all operations except for the purpose of winding up; |

| (b) | as promptly as reasonably possible but not more than ten business                                                                             
 days thereafter, redeem the Public Shares, at a per-Share price, payable in cash, equal to the aggregate amount then on deposit in the        
 Trust Account, including interest earned on the funds held in the Trust Account and not previously released to the Company (less taxes        
 payable and up to US$100,000 of interest to pay dissolution expenses), divided by the number of then Public Shares in issue, which redemption 
 will completely extinguish public Members’ rights as Members (including the right to receive further liquidation distributions,               
 if any); and                                                                                                                                  |

| (c) | as promptly as reasonably possible following such redemption,                                         
 subject to the approval of the Company’s remaining Members and the Directors, liquidate and dissolve, |

subject in each case to its obligations under Cayman Islands
law to provide for claims of creditors and other requirements of Applicable Law.

| 49.8 | In the event that any amendment is made to the Articles: |

| (a) | to modify the substance or timing of the Company’s obligation                                                                        
 to allow redemption in connection with a Business Combination or redeem 100% of the Public Shares if the Company does not consummate 
 a Business Combination within 15 months from the consummation of the IPO (or up to 18 months if such date is extended as described   
 in the prospectus relating to the IPO), or such later time as the Members may approve in accordance with the Articles; or            |

<div align='center'>Annex A-25</div>

| (b) | with respect to any other provision relating to Members’ 
 rights or pre-Business Combination activity,             |

each holder of Public Shares who is not the Sponsor, a Founder,
Officer or Director shall be provided with the opportunity to request, at least two business days prior to the general meeting at which
such amendment is to be voted on, to redeem their Public Shares by submitting to the Company a Redemption Notice upon the approval or
effectiveness of any such amendment at a per-Share price, payable in cash, equal to the aggregate amount then on deposit in the Trust
Account, including interest earned on the funds held in the Trust Account and not previously released to the Company to pay its taxes,
divided by the number of then outstanding Public Shares. The Company’s ability to provide such redemption in this Article is subject