Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 472

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 472
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, Road Town, Tortola, British Virgin Islands; (iv) 2,843,596 PubCo Ordinary Shares in the form of PubCo ADSs to be issued to Five Epic Brothers Limited, a British Virgin Islands company wholly owned by Ms. Rong Wang; the registered office of Five Epic Brothers Limited is Start Chambers, Wickham’s Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands; and (v) 780,777 PubCo Ordinary Shares in the form of PubCo ADSs to be issued to Four Genuine Brothers Limited, a British Virgin Islands company wholly owned by Mr. Guobin Zhai; the registered office of Four Genuine Brothers Limited is Start Chambers, Wickham’s Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands. (3)See footnote (2). (4)See footnote (2). (5)Sikaiqi Jiuhe Holdings Limited is a British Virgin Islands company wholly owned by Beijing Jiuhe Ruida Venture Capital Partnership L.P. The registered office of Sikaiqi Jiuhe Holdings Limited is Start Chambers, Wickham’s Cay II, P.O. Box 2221, Road Town, Tortola, British Virgin Islands. (6)See footnote (2).

240 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS Finnovate’s Relationships and Related Party Transactions In March 2021, the Sponsor purchased 4,312,500 Founder Shares for an aggregate purchase price of US$25,000, or approximately US$0.0058 per share. A total of 75,000 Founder Shares were transferred to our former independent directors following their appointment, of which 61,875 Founder Shares were subsequently transferred to designees of Sunorange Limited (“Sunorange”) in connection with the Investment (as defined below). The Sponsor has purchased, in a private placement that occurred simultaneously with the closing of Finnovate IPO, an aggregate of, 8,243,038 private warrants at a price of US$1.00 per private warrant (US$8,243,038 in the aggregate). Each private warrant is exercisable to purchase one whole ordinary share at US$11.50 per share, subject to adjustment as provided herein. The Sponsor is permitted to transfer the private warrants held by it to certain permitted transferees, including our officers and directors and other persons or entities affiliated with or related to them, but the transferees receiving such securities