---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-108347"
form_type: "8-K"
ticker: "PGAC"
cik: "0002030829"
company_name: "PANTAGES CAPITAL ACQUISITION Corp"
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:24:50.246074+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Shepherd Ave Capital closes IPO of 8.625M units at $10, raising $86.25M gross

## Summary
- IPO of 8,625,000 units at $10.00/unit, including full over-allotment; gross proceeds $86,250,000.
- Private placement of 244,250 units to sponsor at $10/unit, gross proceeds $2,442,500.
- $86.25M deposited in trust account; cash outside trust $941,835; shareholders' deficit $(283,319).
- Transaction costs $2.53M ($1.08M cash underwriting, $0.86M deferred, $0.59M other).
- Company has 15 months (to March 2026) to complete initial business combination; going concern uncertainty noted.

## SEC filing metadata
- accession: 0001213900-24-108347
- form_type: 8-K
- ticker: PGAC
- cik: 0002030829
- company_name: PANTAGES CAPITAL ACQUISITION Corp
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030829/000121390024108347/0001213900-24-108347-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030829/000121390024108347/ea0224197-8k_shepherd.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-108347
- JSON: https://secwatch.observer/filing/0001213900-24-108347.json
- Plain text: https://secwatch.observer/filing/0001213900-24-108347.txt

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