---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-106948"
form_type: "8-K"
ticker: "PGAC"
cik: "0002030829"
company_name: "PANTAGES CAPITAL ACQUISITION Corp"
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:51:41.013544+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Shepherd Ave Capital closes $86.25M IPO, sets trust account for business combination

## Summary
- IPO of 8.625M units at $10/unit grossed $86.25M; includes full over-allotment exercise.
- Sponsor Aitefund Sponsor LLC purchased 244,250 private units at $10/unit ($2.44M gross).
- Trust account set with $86.25M from IPO and private placement proceeds, net of expenses.
- Three independent directors appointed: Evan M. Graj, Stephen Markscheid, Wee Peng Siong.
- Must complete initial business combination by March 7, 2026 (extendable to June 7, 2026).

## SEC filing metadata
- accession: 0001213900-24-106948
- form_type: 8-K
- ticker: PGAC
- cik: 0002030829
- company_name: PANTAGES CAPITAL ACQUISITION Corp
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030829/000121390024106948/0001213900-24-106948-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030829/000121390024106948/ea0223998-8k_shepherd.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-106948
- JSON: https://secwatch.observer/filing/0001213900-24-106948.json
- Plain text: https://secwatch.observer/filing/0001213900-24-106948.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.