---
schema_version: "secwatch.filing_event.v1"
accession: "0001929980-25-000738"
form_type: "8-K"
ticker: "PGAC"
cik: "0002030829"
company_name: "PANTAGES CAPITAL ACQUISITION Corp"
filed_at: "2025-11-24T23:59:59+00:00"
generated_at: "2026-05-16T17:24:31.592421+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pantages SPAC to merge with MacMines Austasia, forming Horizon Mining Ltd

## Summary
- SPAC Pantages (PGAC) signs definitive merger agreement with MacMines Austasia; each PGAC Class A share converts to one Pubco share.
- Closing subject to shareholder and regulatory approvals, no Material Adverse Effect, and outside date of March 31, 2026.
- 50% of Pubco shares held by MacMines Austasia locked up for 6 months or until $12.50 share price trigger for 20 of 30 trading days.
- Sponsor and seller support agreements secured; Sponsor agrees to vote in favor of the transaction.
- No valuation or purchase price disclosed; Pubco to file F-4 registration statement with SEC.

## SEC filing metadata
- accession: 0001929980-25-000738
- form_type: 8-K
- ticker: PGAC
- cik: 0002030829
- company_name: PANTAGES CAPITAL ACQUISITION Corp
- filed_at: 2025-11-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2030829/000192998025000738/0001929980-25-000738-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2030829/000192998025000738/pgac_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001929980-25-000738
- JSON: https://secwatch.observer/filing/0001929980-25-000738.json
- Plain text: https://secwatch.observer/filing/0001929980-25-000738.txt

## Key facts
- Material Agreements
  PANTAGES CAPITAL ACQUISITION Corp entered into Merger Agreement with MacMines Austasia Pty Ltd, HORIZON MINING LIMITED, HORIZON MERGER 1 LIMITED, Horizon Mining SPV Pty Ltd, Jincheng Yao (effective 2025-11-18).
  - Action: entry
  - Agreement: merger
  - Counterparty: MacMines Austasia Pty Ltd, HORIZON MINING LIMITED, HORIZON MERGER 1 LIMITED, Horizon Mining SPV Pty Ltd, Jincheng Yao
  - Effective: 2025-11-18
  source text: On November 18, 2025, Pantages Capital Acquisition Corporation, a Cayman Islands exempted company (“ Purchaser ”) entered into a Business Combination Agreement by and among (i) Purchaser, (ii) MacMines Austasia Pty Ltd, an Australian proprietary company limited by shares (the “ Company ”), (iii) HORIZON MINING LIMITED, a Cayman Islands exempted company (“ Pubco ”), (iv) HORIZON MERGER 1 LIMITED, a Cayman Islands exempted company and a wholly-owned subsidiary of Pubco (“ Merger Sub ”); (v) Horizon Mining SPV Pty Ltd, an Australian proprietary company limited by shares and a wholly owned subsidiary of the Company (“ Tenement SPV ”); and (vi) Jincheng Yao, an individual (“ Seller Representative ”) (the “ Merger Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2030829/000192998025000738/0001929980-25-000738-index.htm

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