Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 469

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 469
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 Sub GP is 225 W. Wacker Drive, 21st Floor, Chicago, IL 60606. The principal business address of VARBX is 235 West Galena Street, Milwaukee, WI 53212.

238 Beneficial Ownership of PubCo The following table sets forth information regarding the expected beneficial ownership of PubCo Ordinary Shares immediately following the consummation of the Business Combination by: •each person who will become an executive officer or a director of PubCo upon consummation of the Business Combination; •all of the executive officers and directors of PubCo as a group upon consummation of the Business Combination; and •each person known by PubCo who will be the beneficial owner of 5% or more of the outstanding PubCo Ordinary Shares, including those represented by PubCo ADSs, immediately following the consummation of the Business Combination. Except as otherwise noted herein, the number and percentage of PubCo Ordinary Shares beneficially owned is determined in accordance with Rule 13d -3of the Exchange Act, and the information is not necessarily indicative of beneficial ownership for any other purpose. Under such rule, beneficial ownership includes any PubCo Ordinary Shares as to which the holder has sole or shared voting power or investment power and also any PubCo Ordinary Shares which the holder has the right to acquire within 60 days of through the exercise of any option or any other right. The expected beneficial ownership percentages set forth in the following table assume two scenarios: • Scenario 1—Assuming No Redemption:Assuming a scenario of no redemption from Finnovate Public Shareholders, the expected beneficial ownership of PubCo Ordinary Shares immediately following the consummation of the Business Combination has been determined based on the following: (1) none of the investors set forth in the table below has purchased or purchases shares of PubCo Ordinary Shares (post -BusinessCombination), and (2) there will be an aggregate of 72,810,209 PubCo Ordinary Shares issued and outstanding upon the consummation of the Business Combination, consisting of (i) 67,482,417 PubCo Ordinary Shares to be issued to Scage International’s shareholders in the form of PubCo ADSs (based on an Aggregate Merger Consideration Amount calculated on June30, 2024 and assuming no conversion of outstanding convertible bonds of Scage International and no exercise of Finnovate Warrants or PubCo Warrants), and (ii) 5,327,792 PubCo Ordinary Shares to be issued to Finnovate’s shareholders,