Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 95

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 95
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 holder of Finnovate Public Shares may demand that Finnovate redeem such shares for cash if the Business Combination is consummated. Holders of Finnovate Public Shares (whether or not they are holders on the Record Date) will be entitled to receive cash for these shares only if they demand that Finnovate redeem their shares for cash no later than 5:00 p.m. Eastern Time on January28, 2025 (two (2) business days prior to the Meeting) by (A) by submitting their request in writing to Continental Stock Transfer & Trust Company and (B) delivering their stock to Finnovate’s transfer agent physically or electronically using The Depository Trust Company’s Deposit Withdrawal at Custodian (DWAC) System. If the Business Combination is not completed, these shares will not be redeemed for cash at this time in connection with the Business Combination. In such case, Finnovate will promptly return any shares delivered by public holders for redemption and such holders may only share in the assets of the Trust Account upon the liquidation of Finnovate. This may result in holders receiving less than they would have received if the Business Combination was completed and they had exercised their redemption rights in connection therewith due to potential claims of creditors of Finnovate. If a holder of Finnovate Public Shares properly demands redemption, Finnovate will redeem each Finnovate Public Share for its pro rata portion of the Trust Account, calculated as of two (2) business days prior to the anticipated consummation of the Business Combination. As of January6, 2025, the Record Date, this would amount to approximately US$ per share. If a holder of Finnovate Public Shares exercises its redemption rights, then it will be exchanging its Finnovate Ordinary Shares for cash and will no longer own the shares. See the section of this proxy statement/prospectus entitled “Extraordinary General Meeting of Shareholders of Finnovate—Redemption Rights” for a detailed description of the procedures to be followed if you wish to redeem your shares for cash. Unless the NTA Proposal is approved, the Business Combination will not be consummated if redemptions would cause Finnovate to not have at least US$5,000,001 in net tangible assets immediately prior to, or upon such consummation of the Business Combination. Holders of Finnovate Warrants do not have redemption rights with respect to such securities. Appraisal Rights Holders of record of Finnovate Ordinary Shares may have