Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 218

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 218
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 exposing themselves and Finnovate’s company to claims, by paying Finnovate Public Shareholders from the Trust Account prior to addressing the claims of creditors. Finnovate cannot assure you that claims will not be brought against Finnovate for these reasons. Finnovate and its directors or any manager thereof who knowingly and willfully authorized or permitted any distribution to be paid out of Finnovate’s share premium account while Finnovate was unable to pay Finnovate’s debts as they fall due in the ordinary course of business would be guilty of an offence and may be liable on summary conviction to a fine of KY$15,000 and to imprisonment for five years in the Cayman Islands. Risks Related to Redemption Finnovate Public Shareholders who wish to redeem their Finnovate Public Shares for a pro rata portion of the Trust Account must comply with specific requirements for redemption that may make it more difficult for them to exercise their redemption rights prior to the deadline. If Finnovate’s shareholders fail to comply with the redemption requirements specified in this proxy statement / prospectus, they will not be entitled to redeem their Finnovate Public Shares for a pro rata portion of the funds held in the Trust Account. A Finnovate Public Shareholder will be entitled to receive cash for any Finnovate Public Shares to be redeemed only if such Finnovate Public Shareholder: (i)(a) holds Finnovate Public Shares; (ii) submits a written request to Continental, Finnovate’s transfer agent, in which it (a) requests that Finnovate redeem all or a portion of its Finnovate Public Shares for cash, and (b) identifies itself as a beneficial holder of the Finnovate Public Shares and provides its legal name, phone number, and address; and (iii) delivers its share certificates (if any) and other redemption forms (as applicable) to Continental physically or electronically through DTC. Holders must complete the procedures for electing to redeem their Finnovate Public Shares in the manner described above prior to 5:00 P.M., Eastern Time, on January 28, 2025 (two business days before the Meeting) in order for their shares to be redeemed. In order to obtain a physical share certificate, a Finnovate Public Shareholder’s broker and/or clearing broker, DTC and Continental, will need to act to facilitate this request. It is Finnovate’s understanding that Finnovate Public Shareholders should generally allot at least two weeks to obtain physical