Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 41

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 41
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Co’s memorandum and articles of association; (7) the effectiveness of the Registration Statement of which this proxy statement/prospectus forms a part; (8) appointment of the post -closingdirectors of PubCo; and (9) Nasdaq listing requirements having been fulfilled. In addition, unless waived by Scage International, the obligations of Scage International, PubCo, Merger Sub I and Merger Sub II to consummate the Business Combination is subject to the satisfaction of the following Closing conditions, in addition to customary certificates and other closing deliveries: (1) the representations and warranties of Finnovate being true and correct on and as of the Closing (subject to Material Adverse Effect); (2) Finnovate having performed in all material respects its obligations and complied in all material respects with its covenants and agreements under the Business Combination Agreement required to be performed or complied with by it on or prior the date of the Closing; (3) absence of any Material Adverse Effect with respect to Finnovate since the date of the Business Combination Agreement which is continuing and uncured; (4) the cash proceeds from the PIPE Investment shall be not less than an aggregate of US$15,000,000; (5) receipt by Scage International and PubCo of the Amended and Restated Registration Rights Agreement; (6) each of Scage International’s shareholders shall have received from PubCo a registration rights agreement covering the merger consideration shares received by Scage International’s shareholders duly executed by PubCo; and (7) receipt by Scage International and PubCo of employment agreements between certain management persons from Scage International and Scage International or Finnovate, in each case effective as of Closing. Unless waived by Finnovate, the obligations of Finnovate to consummate the Transactions are subject to the satisfaction of the following Closing conditions, in addition to customary certificates and other closing deliveries: (1) the representations and warranties of Scage International, PubCo, Merger Sub I, and Merger Sub II being true and correct on and as of the Closing (subject to Material Adverse Effect on the Target Companies, taken as a whole); (2) Scage International, PubCo, Merger Sub I, and Merger Sub II having performed in all material respects the respective obligations and complied in all material respects with their respective covenants and agreements under the Business Combination Agreement required to be performed or complied with on or prior the date of the Closing; (3) absence of any Material Adverse