Recent Updates — PGACR

Pantages Capital Acquisition Corp received a written notice from Nasdaq on September 2, 2026, indicating non-compliance with Listing Rule 5450(a)(2) due to failing to maintain the required minimum of 400 total holders. The company must submit a compliance plan by October 19, 2026, and may receive an extension of up to 180 days if Nasdaq accepts the proposal. This deficiency does not result in immediate delisting or trading suspension. Pantages Capital Acquisition Corp operates as a blank check company focused on identifying and merging with private operating companies.

Pantages Capital Acquisition Corp received a written notice from Nasdaq on August 21, 2026, indicating its market value of listed securities fell below the $50 million minimum requirement for 30 consecutive business days. The company has until February 17, 2027, to regain compliance by maintaining an MVLS of at least $50 million for ten consecutive business days. Failure to comply may result in delisting, though an appeal process is available. Pantages Capital Acquisition Corp operates as a blank check company focused on identifying and merging with private operating companies.

Pantages Capital Acquisition Corporation shareholders approved a proposal at an extraordinary annual meeting held on June 3, 2026, to extend the business combination deadline from June 6, 2026, to June 6, 2027, on a month-to-month basis. Each monthly extension requires a deposit of $0.033 per remaining public share into the Wilmington Trust, N.A. trust account, capped at $60,000 per month. Following the redemption of 5,889,094 shares, approximately $62,410,178.04 ($10.60 per share) will be removed from the trust account. Post-redemption, the company holds 2,980,156 Class A shares and 2,156,250 Class B shares, with approximately $28,993,998.16 remaining in the trust account. The company is a special purpose acquisition company (SPAC).

Pantages Capital Acquisition Corporation shareholders approved two proposals at an extraordinary general meeting on June 3, 2026, to extend the deadline for completing an initial business combination. The approved amendments allow the company to extend the termination date from June 6, 2026, to June 6, 2027, via up to twelve one-month extensions. To facilitate these extensions, the company will deposit $0.033 per remaining public share into the trust account, capped at $60,000 per month. As of the May 20, 2026 record date, 11,025,500 ordinary shares were outstanding. The company is a special purpose acquisition company (SPAC) focused on identifying and consummating a business combination.