{"url_path":"/sec/pgac/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-20","source_url":"https://www.sec.gov/Archives/edgar/data/2030829/0001213900-26-059636-index.html","accession_number":"0001213900-26-059636","cik":"0002030829","ticker":"PGAC","issuer_name":"PANTAGES CAPITAL ACQUISITION Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/2030829/0001213900-26-059636-index.html","primary_entity_key":"0002030829","primary_entity_name":"PANTAGES CAPITAL ACQUISITION 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STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\n \n\nFORM 10-Q\n\n \n\n☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the quarterly period ended March 31, 2026\n\n \n\n☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\n \n\nFor the transition period from _________to __________\n\n \n\nCommission File Number 001-42425\n\n \n\nPANTAGES CAPITAL ACQUISITION CORPORATION\n\n(Exact name of registrant as specified in its charter)\n\n \n\nCayman Islands N/A\n\n(State or other jurisdiction of\n\nincorporation or organization)\n \n(I.R.S. Employer\n\nIdentification Number)\n\n \n\n221 W 9th St, #859\n\nWilmington, Delaware 19801\n\n(Address of principal executive offices and zip\ncode)\n\n \n\n302-235-3848\n\n(Registrant’s telephone number, including\narea code)\n\n \n\n \n\n(Former name, former address and former fiscal\nyear, if changed since last report)\n\n \n\nSecurities registered pursuant to Section 12(b) of the Act:\n\n \n\nTitle of each class\n \nTrading Symbol\n \nName of each exchange on which registered\n\nUnits, consisting of one Class A ordinary share, $0.0001 par value, and one Right to acquire one-fifth of one Class A ordinary share PGACU The Nasdaq Stock Market LLC\n\nClass A ordinary shares, par value $0.0001 per share  PGAC The Nasdaq Stock Market LLC\n\nRights, each whole right to acquire one-fifth of one Class A ordinary share PGACR The Nasdaq Stock Market LLC\n\n \n\nIndicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐\n\n \n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or such shorter period that the registrant was required to submit such files). Yes ☒ No ☐\n\n \n\nIndicate by check mark whether\nthe registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging\ngrowth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting\ncompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:\n\n \n\nLarge accelerated filer\n☐\nAccelerated filer\n☐\n\nNon-accelerated filer☒Smaller reporting company☒\n\n  Emerging growth company☒\n\n \n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐\n\n \n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐\n\n \n\nAs of May 20, 2026, there were 8,869,250 of the registrant’s Class A ordinary shares, par value $0.0001 per share, and 2,156,250 of the registrant’s Class B ordinary shares, par value $0.0001 per share, issued and outstanding.\n\n \n\n \n\n \n\n \n\n \n\n \n\nPantages Capital Acquisition Corporation \n\n \n\nTABLE OF CONTENTS\n\n \n\n[PART I – FINANCIAL INFORMATION](#a_001)\n1\n\n \n \n\n[Item 1. FINANCIAL STATEMENTS (UNAUDITED)](#a_002)\n1\n\n[Balance Sheets as of March 31, 2026 and December 31, 2025 (Unaudited)](#a_003)\n1\n\n[Statements of Operations for the Three Months ended March 31, 2026 and 2025 (Unaudited)](#a_004)\n2\n\n[Statements of Changes in Shareholders’ Deficit for the Three Months ended March 31, 2026 and 2025 (Unaudited)  ](#a_005)\n3\n\n[Statements of Cash Flows for the Three Months ended March 31, 2026 and 2025 (Unaudited)](#a_006)\n4\n\n[Notes to Unaudited Financial Statements](#a_007)\n5\n\n[Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](#a_008)\n17\n\n[Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](#a_009)\n23\n\n[Item 4. CONTROLS AND PROCEDURES](#a_010)\n24\n\n \n \n\n[PART II – OTHER INFORMATION](#a_011)\n25\n\n \n \n\n[Item 1. LEGAL PROCEEDINGS](#a_012)\n25\n\n[Item 1A. RISK FACTORS](#a_013)\n25\n\n[Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS FROM REGISTERED SECURITIES](#a_014)\n25\n\n[Item 3. DEFAULTS UPON SENIOR SECURITIES](#a_015)\n26\n\n[Item 4. MINE SAFETY DISCLOSURES](#a_016)\n26\n\n[Item 5. OTHER INFORMATION](#a_017)\n26\n\n[Item 6. EXHIBITS](#a_018)\n27\n\n[SIGNATURES](#a_019)\n28\n\n \n\ni\n\n \n\n \n\nPART I – FINANCIAL INFORMATION"}