Company: PGACR
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-075873
Chunk: 56

Company: PANTAGES CAPITAL ACQUSITION Corp
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 56
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 complies with accounting and disclosure
requirements of FASB ASC 260, “Earnings Per Share”. Net income per ordinary share is computed by dividing net income by the
weighted average number of ordinary shares outstanding for the period. Remeasurement of carrying value to redemption value of redeemable
ordinary shares is excluded from income per share as the redemption value approximates fair value. For the three and six months ended
June 30, 2025, the Company has not considered the effect of the Rights included in the IPO and Private Placement Units in the calculation
of diluted net income per share, since the conversion of the Rights is contingent upon the occurrence of future events and the inclusion
of such Rights would be anti-dilutive and the Company did not have any other dilutive securities and other contracts that could, potentially,
be exercised or converted into ordinary shares and then share in the earnings of the Company. As a result, diluted income per share is
the same as basic income per share for the period presented.

    For The Three Months Ended  June 30, 2025 

    Non-Redeemable 

    Redeemable Class A  
    Class A 
and Class B 

    Ordinary Shares  
    Ordinary Shares 
  
    Basic and diluted net income per ordinary share: 

    Numerators: 

    Allocation of net income 
    $565,753  
    $157,460 
  
    Denominators: 

    Basic and diluted weighted average shares outstanding 
     8,625,000  
     2,400,500 
  
    Basic and diluted net income per ordinary share 
    $0.07  
    $0.07 

9

    For The Period From

    May 31, 2024

    For The Six Months Ended

    (Inception) Through

    June 30, 2025

    June 30, 2024

    Redeemable

    Non-Redeemable

    Redeemable

    Non-Redeemable

    Class A

    Class A 
and Class B

    Class A

    Class A 
and Class B

    Ordinary

    Ordinary

    Ordinary

    Ordinary

    Shares

    Shares

    Shares

    Shares

    Basic and diluted net income (loss) per ordinary share:

    Numerators:

    Allocation of net income (loss)
     
    $
    1,098