Pantages Capital Acquisition Corp says it is not following Nasdaq rules and has a plan to fix it.

Nov 5, 2026, 4:52 PM ETTroubleRead the original at SEC EDGAR

Good for PGAC

Nasdaq's extension gives PGAC until March 1, 2027, to meet the 400-holder rule, easing the immediate risk of delisting. It still faces delisting if it misses the deadline.

PGAC · Pantages Capital Acquisition Corp

AI read · Good for PGAC

The AI's read

The extension gives PGAC more time to meet Nasdaq's listing rule instead of facing delisting immediately. That eases the immediate risk to its Nasdaq listing. But PGAC must prove its Class A shares have at least 400 holders by the deadline. If it fails, Nasdaq may start delisting, so the risk remains.

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