PGACU

Pantages Capital Acquisition Corp. (PGACU) operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company, which completed its initial public offering, focuses on identifying and partnering with target businesses primarily in the technology, media, and entertainment sectors. PGACU's management team brings extensive experience in these industries, leveraging their networks and operational expertise to source potential combination opportunities. As a blank check company, PGACU does not generate operating revenue and exists primarily to raise capital through its public offering, which it holds in trust until completing a qualifying business combination. The company typically has a limited timeframe, generally 18 to 24 months from its IPO, to identify and complete an initial business combination, after which shareholders may vote to approve the proposed transaction. If PGACU fails to complete a business combination within the specified period, the company liquidates and returns the trust funds to public shareholders. The SPAC structure allows target companies to access public markets more efficiently than traditional IPO processes while providing investors an opportunity to participate in the growth of the ultimately acquired entity.