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Aifeex Nexus Acquisition Corporation Announces Corporate Name Change

1. AIFE is changing its name to Pantages Capital Acquisition Corporation. 2. Ticker symbols will change to PGACU, PGAC, and PGACR on August 8, 2025. 3. AIFE aims to pursue business combinations with promising growth companies. 4. The company has received shareholder approval for the name change. 5. Forward-looking statements indicate potential future business activities.

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$10.208/08 01:53 AM EDTLatest Updated
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FAQ

Why Bullish?

The name change often reflects a strategic repositioning, which can attract investor interest. Historical cases show SPACs with clear branding tend to perform better post-merger.

How important is it?

The corporate identity shift indicates a new strategic direction, likely appealing to investors. Changes in trading symbols may also lead to increased trading volumes and interest.

Why Long Term?

While immediate effects may be limited, long-term success hinges on business combination choices. Similar acquisitions have historically taken time to prove their market impact.

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Wilmington, DE, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Aifeex Nexus Acquisition Corporation (Nasdaq: AIFE) (“AIFE”) announced that, following receipt of shareholder approval at an Extraordinary General Meeting of Shareholders on August 5, 2025, it has filed an amendment to its Second Amended and Restated Memorandum and Articles of Association (the “Memorandum and Articles”) with the Cayman Islands Registrar of Companies to reflect a corporate name change from “Aifeex Nexus Acquisition Corporation” to “Pantages Capital Acquisition Corporation.” The Company’s ticker symbols for its units, ordinary shares and rights will change from “AIFEU”, “AIFE”, “AIFER”, in each case to “PGACU”, “PGAC”, and “PGACR” commencing on or about August 8, 2025. About AIFE AIFE is a newly incorporated, blank check company formed in the Cayman Islands for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. While the Company may pursue an initial business combination target in any business or industry, it intends to identify companies with strong management team, niche deal size with growth potential, long-term revenue visibility with defensible market position, and benefits from being a U.S. public company. The sponsor of the Company is Aitefund Sponsor LLC. Forward-Looking Statements This press release includes certain statements that are not historical facts, but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends that are not statements of historical matters. These forward-looking statements are based on various assumptions, whether or not identified in this press release, and on current expectations of the management of AIFE and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of AIFE. AIFE specifically disclaims any obligation to update or revise any forward-looking statements, except as required by law. These forward-looking statements should not be relied upon as representing AIFE’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Contacts William W. Snyder, CEO221 W 9th St, #859Wilmington, DE 19801bill@shepherdavecapital.com

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