William Snyder
About William Snyder
William W. Snyder is Chairman and CEO of Aifeex Nexus Acquisition Corporation (AIFE), a blank check company formed to consummate a business combination; he signed the company’s definitive proxy statement dated July 17, 2025 . As of July 15, 2025, AIFE had 11,025,500 shares outstanding and approximately $88.46 million held in the trust account, reflecting its pre-combination status; the proxy centers on a name/ticker change and does not disclose Snyder’s age, education, tenure, or TSR/revenue/EBITDA performance metrics .
Past Roles
No prior roles for William Snyder are disclosed in the July 17, 2025 DEF 14A (Extraordinary General Meeting proxy). The document focuses on the name change and does not include executive biographies .
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Not disclosed in DEF 14A | Not disclosed | Not disclosed | Not disclosed |
External Roles
No external directorships or roles for William Snyder are disclosed in the July 17, 2025 DEF 14A .
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Not disclosed in DEF 14A | Not disclosed | Not disclosed | Not disclosed |
Fixed Compensation
The proxy does not disclose Snyder’s base salary, target bonus, or actual bonus. The Articles attached to the proxy state that no cash remuneration shall be paid to any Director prior to consummation of a Business Combination (applies to directors; officer compensation is not detailed in this filing) .
| Component | FY 2025 (pre-combination) | Notes |
|---|---|---|
| Base Salary ($) | Not disclosed | Extraordinary General Meeting proxy does not include executive comp tables |
| Target Bonus (%) | Not disclosed | Not disclosed in proxy |
| Actual Bonus Paid ($) | Not disclosed | Not disclosed in proxy |
| Director Cash Retainer ($) | $0 prior to Business Combination | Articles: “no cash remuneration…prior to the consummation of a Business Combination” |
Performance Compensation
No equity award types, metrics, or vesting schedules tied to Snyder’s compensation are disclosed in the proxy .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed in DEF 14A | Not disclosed | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
Equity Ownership & Alignment
Snyder’s beneficial ownership and company share count are disclosed; vesting status, options, and pledging are not disclosed in the proxy.
| Metric | As of Jul 15, 2025 |
|---|---|
| Shares Beneficially Owned (Snyder) | 100,000 |
| Ownership % of Outstanding | 0.91% |
| Company Shares Outstanding | 11,025,500 (8,869,250 Class A; 2,156,250 Class B) |
| Vested vs Unvested Breakdown | Not disclosed |
| Options (Exercisable/Unexercisable) | Not disclosed |
| Shares Pledged as Collateral | Not disclosed |
| Stock Ownership Guidelines (Directors/Executives) | Not disclosed |
| Sponsor Ownership (Context) | Aitefund Sponsor LLC: 2,180,500 shares (19.78%) |
Note: The proxy clarifies that “rights” do not have voting rights and are not exchangeable into ordinary shares within 60 days of July 15, 2025 for purposes of the beneficial ownership table .
Employment Terms
No employment agreement terms are disclosed for Snyder in this proxy (start date, severance/change-of-control, non-compete/non-solicit, clawbacks, garden leave, consulting) .
| Term | Disclosure |
|---|---|
| Employment Start Date | Not disclosed |
| Contract Term / Expiration | Not disclosed |
| Severance Multiples | Not disclosed |
| Change-of-Control Triggers | Not disclosed |
| Accelerated Vesting | Not disclosed |
| Clawback Provisions | Not disclosed |
| Non-compete / Non-solicit | Not disclosed |
| Garden Leave | Not disclosed |
| Post-termination Consulting | Not disclosed |
Board Governance
- Role: Snyder is Chairman and CEO (dual role); the proxy is signed “William W. Snyder, Chairman and CEO” .
- Board structure: Classified into Class I/II/III with staggered terms per Articles; appointment/removal rules differ pre- and post-business combination .
- Committees: Articles contemplate Audit and Compensation Committees, with composition aligned to Nasdaq/SEC rules and Independent Directors requirements; specific committee memberships for Snyder are not disclosed in this proxy .
- Attendance, independence status, years of service, lead independent director, executive sessions: not disclosed in this proxy .
| Aspect | Disclosure |
|---|---|
| Title(s) | Chairman and CEO |
| Board Classification | Class I/II/III staggered terms per Articles |
| Committee Memberships (Snyder) | Not disclosed |
| Committee Chairs | Not disclosed |
| Independence Status | Not disclosed |
| Attendance Rate | Not disclosed |
| Years of Service on Board | Not disclosed |
Dual-role implications: The combined Chairman and CEO role concentrates leadership and may require strong independent committee oversight; Articles require committees to meet Nasdaq/SEC independence standards, which can mitigate governance concentration if implemented as disclosed .
Director Compensation
The proxy does not list director cash retainers or equity grants; Articles prohibit cash remuneration to Directors prior to Business Combination .
| Component | Disclosure |
|---|---|
| Annual Cash Retainer | $0 prior to Business Combination (Articles) |
| Committee Membership Fee | Not disclosed |
| Committee Chair Fee | Not disclosed |
| Meeting Fees | Not disclosed |
| Equity Grants (DSUs/RSUs) | Not disclosed |
| Director Ownership Guidelines | Not disclosed |
Performance & Track Record
- Company status: AIFE is a blank check company; operating metrics like revenue/EBITDA are not applicable prior to a business combination and are not disclosed herein .
- Trust account: Approximately $88.46 million held in U.S. Treasury Bills/money market as of July 15, 2025 .
- TSR during Snyder’s tenure: Not disclosed in this proxy .
| Metric | As of/Period | Value |
|---|---|---|
| Trust Account Balance | Jul 15, 2025 | ~$88.46 million |
| Revenue/EBITDA | Pre-combination | Not applicable/not disclosed |
| TSR | Not disclosed | Not disclosed |
Compensation Committee Analysis
No information on compensation committee membership, consultants, peer groups, or target percentiles is included in this proxy (EGM-focused) . Articles require a Compensation Committee that complies with Nasdaq/SEC rules, but the filing does not enumerate its composition or advisors .
Say-on-Pay & Shareholder Feedback
No say-on-pay outcomes or shareholder proposal votes related to compensation are included in this EGM proxy .
Related Party Transactions and Red Flags
- Insider voting power/context: Initial shareholders (sponsor, directors, officers, and permitted transferees) collectively have the right to vote 21.78% of issued and outstanding ordinary shares and are expected to vote FOR the proposals .
- Name/ticker change driven by observed unauthorized use of company name by unaffiliated parties; company issued April 14, 2025 8-K warning investors (referenced in the proxy) .
- Regulatory environment risks affecting target selection and timeline (Outbound Investment Review Regime; CFIUS/OFAC/export controls) are discussed as company-level risk factors; not specific to Snyder .
Additional Company Context Influencing Compensation/Trading Signals
- Name and ticker change: Proposal to change company name to Pantages Capital Acquisition Corporation and tickers from AIFE to PGAC (shares), with corresponding unit/right tickers, subject to approval; board unanimously recommends FOR .
- Completion window: Outside Date for consummating an initial business combination is March 6, 2026 (or June 6, 2026, if certain conditions are met), after which public shares would be redeemed; this timing can influence executive retention incentives and insider activity .
Investment Implications
- Alignment via ownership: Snyder holds 100,000 shares (0.91%), while the sponsor holds 19.78%; pre-combination director cash pay is prohibited, increasing reliance on equity for alignment. Sponsor influence and insider voting power can shape governance outcomes and deal execution .
- Limited visibility on pay-for-performance and retention: The EGM proxy lacks executive compensation tables, employment agreements, severance/CIC terms, vesting schedules, ownership guidelines, and pledging/hedging disclosures, constraining assessment of insider selling pressure and retention risk until a definitive proxy with comp detail is filed .
- Governance concentration requires independent oversight: Snyder’s dual role (Chairman and CEO) elevates the importance of independent Audit/Compensation Committees as required by Articles; actual committee composition remains undisclosed in this filing .
- Trading considerations: Name/ticker change to PGAC and a defined completion window (March/June 2026) are near-term corporate events. Monitor subsequent filings (10-K/10-Q/DEF 14A for annual meeting) and any Form 4s for Snyder to evaluate insider activity and compensation structures post-target announcement .