Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 584

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 584
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 expenses. In general, the PRC tax authority has up to five years to conduct examinations of the Company’s tax filings. As of June 30, 2024, tax years from 2019 through 2023 for the Group’s affiliated entities in the PRC remain open for statutory examination by the PRC tax authorities. 16.NET LOSS PER SHARE The following table sets forth the basic and diluted net loss per share computation and provides a reconciliation of the numerator and denominator for the years presented:

| Numerator:                                                     |     | For the years ended 
 June 30,            
 2024                |             |   |     | 2023 |             |   |
|:---------------------------------------------------------------|:----|:--------------------|------------:|:--|:----|:-----|------------:|:--|
| Net loss attributable to Scage International                   |     | $                   |  (5,814,441 | ) |     | $    |  (6,437,328 | ) |
| Accretion of convertible redeemable preferred shares           |     |                     |           — |   |     |      |  (3,177,059 | ) |
| Accretion for redeemable non-controlling interests             |     |                     |  (1,851,388 | ) |     |      |           — |   |
| Numerator for basic and diluted net loss per share calculation |     | $                   |  (7,665,829 | ) |     | $    |  (9,614,387 | ) |
| Denominator:                                                   |     |                     |             |   |     |      |             |   |
| Weighted average number of ordinary shares – basic and diluted |     |                     | 104,766,463 |   |     |      | 104,766,463 |   |
| Net loss per ordinary share                                    |     |                     |             |   |     |      |             |   |
| – Basic and diluted                                            |     | $                   |       (0.07 | ) |     | $    |       (0.09 | ) |

F-43

SCAGE INTERNATIONAL LIMITED
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 16.NET LOSS PER SHARE (cont.) Basic and diluted net loss per ordinary share is computed using the weighted average number of ordinary shares outstanding during the year. The effects of all outstanding convertible redeemable preferred shares and any shares subject to conversion from convertible debts were excluded