Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 213

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 213
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 -divisions, share dividends, reorganizations and recapitalizations) for any 20 trading days within a 30 trading day period ending on the third trading business day prior to the date on which a notice of redemption is sent to the warrant holders and upon not less than 30 days’ prior written notice of redemption to each warrant holder. PubCo will not redeem the warrants as described above unless a registration statement under the Securities Act covering the shares issuable upon exercise of such warrants is effective and a current prospectus relating to those PubCo Ordinary Shares, represented by PubCo ADSs, is available throughout the 30 -dayredemption period, except if the warrants may be exercised on a cashless basis and such cashless exercise is exempt from registration under the Securities Act. The Private Warrants are identical to the Public Warrants in all material respects, except that the Private Warrants represent the right to acquire PubCo Ordinary Shares, instead of PubCo ADSs, and that the Private Warrants and any outstanding EBC Warrants and any warrants issued to the Sponsor, EBC, initial shareholders, Finnovate’s officers, directors or their affiliates in payment of working capital loans made to Finnovate will not be transferred, assigned or sold (subject to certain exceptions) until the consummation Finnovate’s initial Business Combination. If and when the Public Warrants become redeemable by PubCo, if PubCo has elected to require the exercise of Public Warrants on a cashless basis, PubCo may not exercise its redemption right if the issuance of PubCo Ordinary Shares, represented by the PubCo ADSs, upon exercise of the warrants is not exempt from registration 80 or qualification under applicable state blue -skylaws or we are unable to effect such registration or qualification. PubCo will use its best efforts to register or qualify such PubCo Ordinary Shares under the blue -skylaws of the state of residence in those states in which the warrants were offered by Finnovate in Finnovate’s IPO. Redemption of the outstanding Public Warrants could force you (i) to exercise your Public Warrants and pay the exercise price therefor at a time when it may be disadvantageous for you to do so, (ii) to sell your Public Warrants at the then -currentmarket price when you might otherwise wish to hold your Public Warrants, or (iii) to accept the nominal redemption price which, at the time the outstanding Public Warrants are called for redemption, is likely to be substantially less than the