M&A
confidence high
sentiment neutral
materiality 0.60
Pantages Capital removes net tangible assets condition for merger with MacMines Austasia
PANTAGES CAPITAL ACQUISITION Corp
- Removed Section 8.1(h) requiring Purchaser to have net tangible assets of at least $5,000,001 after redemptions and PIPE.
- Amendment dated April 14, 2026; all other terms of the November 18, 2025 Business Combination Agreement remain in effect.
- Merger involves Pantages (SPAC), MacMines Austasia (target), Horizon Mining (Pubco), and others.