Feis Equities LLC (PGAC) reports 9.27% passive stake in Pantages Capital

Rhea-AI Filing Summary

Feis Equities LLC and Lawrence M. Feis report beneficial ownership of 822,426 Class A ordinary shares of Pantages Capital Acquisition Corp, equal to 9.27% of the class. This ownership is based on 8,869,250 Class A shares outstanding as of November 10, 2025.

Both reporting persons disclose sole voting and dispositive power over these 822,426 shares and no shared power. They certify that the shares were not acquired and are not held for the purpose of changing or influencing control of the company.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

PANTAGES CAPITAL ACQUSITION Corp

(Name of Issuer)

Class A ordinary shares, par value $ 0.0001

(Title of Class of Securities)

G8089R100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G8089R100

1

Names of Reporting Persons

Feis Equities LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 822,426.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 822,426.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

822,426.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.27 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Type of Reporting Person: OO - Limited Liability Company

SCHEDULE 13G

CUSIP No. G8089R100

1

Names of Reporting Persons

Lawrence M. Feis

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 822,426.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 822,426.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

822,426.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.27 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: PANTAGES CAPITAL ACQUSITION Corp
(b)	Address of issuer's principal executive offices: 221 W 9th St #859 Wilmington, DE 19801
Item 2.
(a)	Name of person filing: (i) Feis Equities LLC (ii) Lawrence M. Feis
(b)	Address or principal business office or, if none, residence: The address of the business office of each of the Reporting Persons is: 1740 Waukegan Road Suite 206 Glenview, Illinois 60025
(c)	Citizenship: Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated hereto by reference for each Reporting Person.
(d)	Title of class of securities: Class A ordinary shares, par value $ 0.0001
(e)	CUSIP No.: G8089R100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The percentage set forth in row 11 of the cover page for each Reporting Person is based on 8,869,250 Class A ordinary shares outstanding as of November 10,2025, as reported by the Issuer in its 8-Q filing for the period ending September 30,2025, filed with the Securities and Exchange Commission on November 10,2025.
(b)	Percent of class: 9.27 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 822,426
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 822,426
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Feis Equities LLC

Signature:	Lawrence M. Feis
Name/Title:	Managing Member LLC
Date:	01/30/2026

Lawrence M. Feis

Signature:	Lawrence M. Feis
Name/Title:	Individual
Date:	01/30/2026

Exhibit Information

Exhibit A - Joint Filing Agreement

FAQ

What percentage of Pantages Capital Acquisition Corp (PGAC) does Feis Equities LLC own?

Feis Equities LLC reports beneficial ownership of 9.27% of PGAC’s Class A ordinary shares. This is based on 822,426 shares held versus 8,869,250 Class A shares outstanding as of November 10, 2025, as disclosed in the company’s quarterly report.

How many PGAC Class A shares does Lawrence M. Feis beneficially own?

Lawrence M. Feis reports beneficial ownership of 822,426 PGAC Class A ordinary shares. He has sole voting and sole dispositive power over all these shares, with no shared voting or shared dispositive authority indicated in the Schedule 13G/A filing.

What type of SEC filing did Feis Equities LLC make for PGAC (symbol PGAC)?

Feis Equities LLC and Lawrence M. Feis filed an amended Schedule 13G/A regarding PGAC. This filing reports passive beneficial ownership of more than 5% of a class of equity securities, without stating any intent to change or influence control of the issuer.

Does the PGAC Schedule 13G/A indicate an attempt to influence control of the company?

No. The reporting persons certify the PGAC shares were not acquired and are not held to change or influence control. They also state the holdings are not connected with any transaction aimed at control, other than activities solely related to a nomination under Rule 14a-11.

What is the share total used to calculate Feis Equities’ 9.27% stake in PGAC?

The 9.27% ownership calculation is based on 8,869,250 PGAC Class A ordinary shares outstanding. That share count was reported by the issuer as of November 10, 2025, in its quarterly report for the period ended September 30, 2025.

Who are the reporting persons in the PGAC Schedule 13G/A filing?

The reporting persons are Feis Equities LLC, an Illinois limited liability company, and Lawrence M. Feis, a United States individual. Both report identical beneficial ownership figures and sole voting and dispositive power over the same 822,426 PGAC Class A shares.