Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 243

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 243
---
 holders of Finnovate Ordinary Shares who, being entitled to do so, vote in person or by proxy at the Meeting. In connection with the Business Combination, the holders of Finnovate’s Founder Shares in favor of the Business Combination Proposal. Such holders have also indicated that they intend to vote their shares in favor of all other proposals being presented at the Meeting. As of the Record Date, the Sponsor Parties held 281,153 Finnovate Class A Ordinary Shares and one (1) Finnovate Class B Ordinary Share, which constitute approximately 6.6% of the total issued and outstanding Finnovate Ordinary Shares. Based on the terms and provisions contained in the Finnovate Articles and the Cayman Companies Act, assuming that Finnovate’s Sponsor Parties vote their Founder Shares in favor of the Business Combination Proposal and all other proposals being presented at the Meeting, if only the minimum quorum of 2,618,897 Finnovate Ordinary Shares issued and outstanding as of the Record Date are voted at the Meeting, then, in addition to the Finnovate Ordinary Shares held by the Sponsor Parties, Finnovate would need 1,280,969 Finnovate Class A Ordinary Shares, or approximately 25.8% of the 4,956,638 Finnovate Ordinary Shares not held by the Sponsor Parties outstanding as of the Record Date to be voted in favor of the NTA Proposal, the Merger Proposal and the PubCo Memorandum and Articles Proposal in order for them to be approved. If all holders of the 5,327,792 Finnovate Ordinary Shares issued and outstanding as of the Record Date are voted at the Meeting, then, in addition to the Finnovate Ordinary Shares held by the Sponsor Parties, Finnovate would need 3,026,899 Finnovate Class A Ordinary Shares, or approximately 61.1% of the 4,956,638 Finnovate Ordinary Shares not held by the Sponsor Parties outstanding as of the Record Date to be voted in favor of the NTA Proposal, the Merger Proposal and the PubCo Memorandum and Articles Proposal in order for them to be approved. If only the minimum quorum of 2,618,897 Finnovate Ordinary Shares issued and outstanding as of the Record Date are voted at the Meeting, then, in addition to the Finnovate Ordinary Shares held by the Sponsor Parties, Finnovate would need 1,028,296 Finnovate Class A Ordinary Shares, or approximately 20.7