Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 459

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 459
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 compensation for services rendered to us. All of our directors have invested as a limited partner holding a minority, non -controllinginterest in the Sponsor and therefore hold an indirect interest in the Founder Shares held by the Sponsor. Our audit committee will also review on a quarterly basis all payments that were made to the Sponsor, our officers and directors or our or their affiliates. After the completion of our initial business combination, directors or members of our management team who remain with us may be paid consulting, management or other fees from the combined company. All of these fees will be fully disclosed to shareholders, to the extent then known, in the tender offer materials or proxy solicitation materials furnished to our shareholders in connection with a proposed business combination. It is unlikely the amount of such compensation will be known at the time such materials are distributed, because the directors of the post -combinationbusiness will be responsible for determining officer and director compensation. Any compensation to be paid to our officers will be determined by a compensation committee constituted solely by independent directors. We do not intend to take any action to ensure that members of our management team maintain their positions with us after the consummation of our initial business combination, although it is possible that some or all of our officers and directors may negotiate employment or consulting arrangements to remain with us after the initial business combination. The existence or terms of any such employment or consulting arrangements to retain their positions with us may influence our management’s motivation in identifying or selecting a target business but we do not believe that the ability of our management to remain with us after the consummation of our initial business combination will be a determining factor in our decision to proceed with any potential business combination. We are not party to any agreements with our officers and directors that provide for benefits upon termination of employment. 232

MANAGEMENT FOLLOWING THE BUSINESS COMBINATION References in this section to “we,” “our,” “us,” “PubCo,” and the “Company” generally refer to Scage Future and its consolidated subsidiaries, prior to the merger and its consolidated subsidiaries after giving effect to the merger. Management and Board of Directors The following persons are expected to serve as PubCo’s executive officers and directors immediately after the consummation of the Business Combination. The biographical information concerning the executive officers and directors has been set forth as below as of the date of this proxy statement/prospectus.

| Name             |     | Age |     | Position                             |
| Chao Gao         |     |  41 |     | Chairman and Chief Executive Officer |