secwatch.observer — SEC 8-K summary
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Issuer:     PANTAGES CAPITAL ACQUISITION Corp (PGAC)
CIK:        0002030829
Form:       8-K
Filed at:   2025-11-24T23:59:59+00:00
Accession:  0001929980-25-000738
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2030829/000192998025000738/0001929980-25-000738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2030829/000192998025000738/pgac_8k.htm
  HTML page:      https://secwatch.observer/filing/0001929980-25-000738

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer