Company: PGACR
Filing Date: 2025-07-07
Form Type: PRE 14A
Source: 0001213900-25-061834
Chunk: 51

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-07-07
Form: PRE 14A
Chunk 51
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| 17 | Class B Ordinary Share Conversion |

| 17.1 | The rights attaching to the Class A Shares and Class B Shares                                                                         
 shall rank pari passu in all respects, and the Class A Shares and Class B Shares shall vote together as a single class                
 on all matters (subject to the Variation of Rights of Shares Article, the Votes of Members Article and the Appointment and Removal of 
 Directors Article hereof) with the exception that the holder of a Class B Share shall have the conversion rights referred to in this  
 Article.                                                                                                                              |

| 17.2 | Class B Shares shall automatically convert into Class A Shares                                                                         
 on a one-for-one basis: (a) at any time and from time to time at the option of the holders thereof; or (b) automatically on the day of 
 the consummation of a Business Combination.                                                                                            |

| 17.3 | References in this Article to “converted”, “conversion”                                                                                     
 or “exchange” shall mean the compulsory redemption without notice of Class B Shares of any Member and, on behalf of such                    
 Members, automatic application of such redemption proceeds in paying for such new Class A Shares into which the Class B Shares have been    
 converted or exchanged at a price per Class B Share necessary to give effect to a conversion or exchange calculated on the basis that       
 the Class A Shares to be issued as part of the conversion or exchange will be issued at par. The Class A Shares to be issued on an exchange 
 or conversion shall be registered in the name of such Member or in such name as the Member may direct.                                      |

| 17.4 | Notwithstanding anything to the contrary in this Article, in                                         
 no event may any Class B Share convert into Class A Shares at a ratio that is less than one-for-one. |

| 18 | Amendments of Memorandum and Articles of Association and 
 Alteration of Capital                                    |

| 18.1 | The Company may by Ordinary Resolution: |

| (a) | increase its share capital by such sum as the Ordinary Resolution                                                                 
 shall prescribe and with such rights, priorities and privileges annexed thereto, as the Company in general meeting may determine; |

| (b) | consolidate and divide all or any of its share capital into 
 Shares of larger amount than its existing Shares;           |

| (c) | convert all or any of its paid-up Shares into stock, and reconvert 
 that stock into paid-up Shares of any denomination;                |

| (