Company: PGACR
Filing Date: 2025-07-17
Form Type: DEF 14A
Source: 0001213900-25-064856
Chunk: 48

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-07-17
Form: DEF 14A
Chunk 48
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 be received (as determined pursuant to the Articles), the Directors may thereafter withhold payment of all Dividends, other distributions, bonuses or other monies payable in respect of the Share until the requirements of the notice have been complied with. 17 Class B Ordinary Share Conversion 17.1The 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. 17.2Class 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. 17.3References 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. 17.4Notwithstanding 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 18.1The 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; (d)by subdivision of its existing Shares or any of them divide