Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 326

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 326
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 as of the Record Date to be voted in favor of the Adjournment Proposal in order for the Adjournment Proposal to be approved. If all holders of the 5,327,792 Finnovate Ordinary Shares issued and outstanding as of the Record Date are voted at the Meeting, then, in addition to the Finnovate Ordinary Shares held by the Sponsor Parties, Finnovate would need 2,337,743 Finnovate Class A Ordinary Shares, or approximately 47.1% of the 4,956,638 Finnovate Ordinary Shares not held by the Sponsor Parties outstanding as of the Record Date to be voted in favor of the Adjournment Proposal in order for the Adjournment Proposal to be approved. “RESOLVED, as an ordinary resolution, that the Meeting be adjourned to a later date or dates, if necessary or desirable, at the determined of the Finnovate Board.” Recommendation of the Finnovate Board THE FINNOVATE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT FINNOVATE SHAREHOLDERS VOTE “FOR” THE APPROVAL OF THE ADJOURNMENT PROPOSAL. 145 SCAGE INTERNATIONAL’S BUSINESS References in this section to “we,” “our,” “us,” “the Company” or “Scage International” generally refer to Scage International Limited and its consolidated subsidiaries. Our Mission Decarbonize and power the global commercial transportation industry with our next -generationzero -emissiontechnologies and e -fuelsolutions, championing a sustainable future. Overview We are a pioneering and leading zero -emissionsolution provider in China, focusing on the development and commercialization of heavy -dutyNEV trucks and e -fuelsolutions. We have participated in the design, production and testing of several NEV trucks, covering application scenarios for logistics, mining and port transportation. Galaxy IItruck that we collaborated in developing is one of the earliest hybrid heavy -dutyNEV trucks commercialized in China. We provide technology -empoweredNEV trucks to address the diverse commercial transportation needs of our global customers. Our current vehicle offerings include Dragon King, a plug -inhybrid dump truck, primarily designed for mining and other heavy -dutyloading and offloading uses, Galaxy II, a plug -inhybrid truck, primarily designed for long -distanceroad transportation and logistics services, and Q -truck, an autonomous tractor trailer, that can be widely used in smart transportation scenarios. In addition