Company: PGACR
Filing Date: 2025-03-27
Form Type: 10-K
Source: 0001013762-25-002878
Chunk: 958

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-03-27
Form: 10-K
Item: Item 9C
Chunk 958
---
ows from Investing Activities: 

    Purchase of investment held in trust account 
     (86,250,000)
  
    Net Cash Used in investing Activities 
     (86,250,000)

    Cash Flows from Financing Activities: 

    Proceeds from public offering 
     86,250,000 
  
    Proceeds from private placement 
     2,442,500 
  
    Proceeds from promissory note to related party 
     12,000 
  
    Repayment of promissory note to related party 
     (294,976)
  
    Payment of underwriter discount 
     (1,078,125)
  
    Payment of deferred offering costs 
     (408,249)
  
    Net Cash Provided by Financing Activities 
     86,923,150 

    Net Change in Cash 
     533,006 

    Cash, beginning of period 
     - 
  
    Cash, end of period 
    $533,006 

    Supplemental Disclosure of Non Cash Financing Activities: 

    Prepaid expenses paid via promissory note - related party 
    $10,000 
  
    Deferred offering costs paid by shareholders in exchange for issuance of Class B ordinary shares 
    $25,000 
  
    Capital contribution through issuance of promissory notes 
    $43 
  
    Deferred offering costs paid via promissory note - related party 
    $154,855 
  
    Deferred underwriting commission payable 
    $862,500 
  
    Initial measurement of carrying value to redemption value 
    $4,036,424 
  
    Remeasurement of carrying value to redemption value 
    $268,878 

The
accompanying notes are an integral part of these financial statements.

F-6

AIFEEX NEXUS ACQUISITION CORPORATION

(FORMERLY KNOWN AS SHEPHERD AVE CAPITAL ACQUISITION
CORPORATION)

NOTES TO FINANCIAL STATEMENTS

Note 1 — Organization,
Business Operation and Going Concern Consideration

Aifeex Nexus Acquisition Corporation (the “Company”,
formerly known as “Shepherd Ave Capital Acquisition Corporation”) is a blank check company incorporated in the Cayman Islands
on May 31, 2024 as an exempted company with limited liability. The Company was formed for the purpose of effecting a merger, share
exchange, asset acquisition, share purchase, recap