Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 19

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 3
Chunk 19
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ations, applications or rights, which might not be available on commercially reasonable terms, if at all.

Proceedings to enforce our intellectual property
and proprietary rights could result in substantial costs and divert our efforts and attention from other aspects of our business, could
put our patents at risk of being invalidated or interpreted narrowly, could put our patent applications at risk of not issuing, and could
provoke third parties to assert claims against us. We may not prevail in any lawsuits that we initiate, and the damages or other remedies
awarded, if any, may not be commercially meaningful. Accordingly, our efforts to enforce our intellectual property rights may be inadequate
to obtain a significant commercial advantage from the intellectual property that we develop or license.

If we are unable to protect the confidentiality
of our trade secrets, or if our employees wrongfully use or disclose alleged trade secrets of their former employers, our business would
be harmed.

If we are unable to protect
the confidentiality of our trade secrets, or if our employees wrongfully use or disclose alleged trade secrets of their former employers,
our business would be harmed. In addition to our issued patent and pending patent applications, we rely on trade secrets, including unpatented
know-how, technology and other proprietary information, to maintain our competitive position and to protect our products and pipeline
products. We seek to protect these trade secrets, in part, by entering into non-disclosure and confidentiality agreements or including
such undertakings in the agreement with parties that have access to them, such as our employees, external business partners, advisors
and other third parties. However, any of these parties may breach such agreements and disclose our proprietary information, and we may
not be able to obtain adequate remedies for such breaches. Enforcing a claim that a party illegally disclosed or misappropriated a trade
secret can be difficult, expensive and time-consuming, and the outcome is unpredictable. If any of our trade secrets were lawfully obtained
or independently developed by a competitor, we would have no right to prevent them from using that technology or information to compete
with us and our competitive position would be harmed.

In addition, while we typically
require our employees involved in the development of intellectual property to hand over all documents and records related to intellectual
property to us when they leave their positions under our non-competition agreements, we may be unsuccessful in executing such an agreement
with each party who in fact develops intellectual property that we regard as our own, which may result in claims by or against us related
to the