Pantages Capital Acquisition Corp-2026年季度报告

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of May 20, 2026, there were 8,869,250 of the registrant’s Class A ordinary shares, par value $0.0001 per share, and 2,156,250of the registrant’s Class B ordinary shares, par value $0.0001 per share, issued and outstanding. Pantages Capital Acquisition Corporation PART I – FINANCIAL INFORMATION PANTAGES CAPITAL ACQUISITION CORPORATIONNOTES TO UNAUDITED FINANCIAL STATEMENTS Note1—Organization, Business Operation and Going Concern Consideration Pantages Capital Acquisition Corporation (the “Company”, formerly known as “Aifeex Nexus Acquisition Corporation” and“Shepherd Ave Capital Acquisition Corporation”) is a blank check company incorporated in the Cayman Islands on May31, 2024 asan exempted company with limited liability. The Company was formed for the purpose of effecting a merger, share exchange, assetacquisition, share purchase, recapitalization, reorganization or similar business combination involving the Company, with one or more As of March 31, 2026, the Company had not commenced any operations. For the period from May 31, 2024 (inception) throughMarch 31, 2026, the Company’s efforts have been limited to organizational activities, activities related to the initial public offering(“IPO”, see Note3) and business combination. The Company will not generate any operating revenues until after the completion of a The Company’s management has broad discretion with respect to the specific application of the net proceeds of the IPO and the sale ofthe Private Placements Units (as defined below), although substantially all of the net proceeds are intended to be applied generally The Company’s founder and Sponsor is Aitefund Sponsor LLC, a Delaware limited liability company formerly known as “ShepherdAve Capital Sponsor LLC” (the “Sponsor”). The Company’s ability to commence operations is contingent upon obtaining adequate On December 6, 2024, the Company consummated IPO of 8,625,000 units (including 1,125,000 units issued upon the full exercise ofthe over-allotment option (the “over-allotment option”), the “Units”). Each Unit consists of one Class A ordinary share (the “Class Aordinary share”), $0.0001 par value per share (collectively, the “Public Shares”), and one right to receive of one-fifthof one ClassAordinary share upon the completion of the initial business combination of the Company. The Units were sold at an offering price of Simultaneously with the consummation of the IPO and the sale of the Units, the Company consummated the Private Placement of244,250 units (the “Private Placement Units”) to the Sponsor, at a price of $10.00 per Private Placement Unit, generating totalproceeds of $2,442,500, which is described in Note 4. Each Private Placement Unit consists of one Class A ordinary share, and one Transaction costs amounted to $2,528,729, consisting of $1,078,125 of underwriting commissions which was paid in cash at theclosing date of the IPO, $862,500 of deferred underwriting commissions, and $588,104 of other offering costs. At the IPO date, cash The Company’s initial business combination must occur with one or more target businesses that together have an aggregate fair marketvalue of at least 80% of the value of the Trust Account (excluding any deferred underwriters’ fees and taxes payable on the incomeearned on the Trust Account) at the time of the agreement to enter into the initial business combination. The Company will completeits initial business combination only if the post-transaction company in which its Public Shareholders own shares will own or acquire Upon the closing of the IPO, management has agreed that at least $10.00 per Unit sold in the IPO will be held into a U.S.-based trustaccount (“Trust Account”). The funds held in the Trust Account will be invested only in U.S.government treasury bills with a maturityof 185days or less, or in money market funds meeting the applicable conditions of Rule2a-7 promulgated under the InvestmentCompany Act that invest solely in direct U.S.government treasury. Except with respect to dividend and/or interest earned on the fundsheld in the Trust Account that may be released to the Company to pay the Company’s tax obligation, if any, the proceeds from the IPOand the sale of the Private Placement Unitsthat are deposited and held in the Trust Account will not be released from the TrustAccount until the earliest to oc