Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 78

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 78
---
6.0million and US$6.6million in the fiscal years ended June 30, 2024 and 2023, respectively. Hero 1 Hero 1 is a newly formed Cayman Islands exempted company and a wholly -ownedsubsidiary of PubCo. Hero 1 was formed solely for the purpose of effecting the Transactions and has not carried on any activities other than those in connection with the Transactions. The address and telephone number for Hero 1’s principal executive offices are the same as those for Scage International. Hero 2 Hero 2 is a newly formed Cayman Islands exempted company and a wholly -ownedsubsidiary of PubCo. Hero 2 was formed solely for the purpose of effecting the Transactions and has not carried on any activities other than those in connection with the Transactions. The address and telephone number for Hero 2’s principal executive offices are the same as those for Scage International. 2 Finnovate Acquisition Corp. Finnovate is a blank check company incorporated on March 15, 2021 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities, which we refer to as our initial business combination. On November 8, 2021, Finnovate consummated its initial public offering of 15,000,000 units and, on November 12, 2021, issued an additional 2,250,000 units pursuant to the underwriter’s full exercise of their over -allotmentoption. Each unit consists of one Finnovate Class A Ordinary Share and three -quartersof a redeemable warrant, each warrant entitling the holder thereof to purchase one Class A ordinary share for US$11.50 per share. The units were sold at a price of US$10.00 per unit, generating gross proceeds to Finnovate of US$150,000,000 and US$22,500,000 at the respective closings. Simultaneously with the closing of Finnovate’s initial public offering and the closing of the underwriter’s full exercise of their over -allotmentoption, Finnovate completed the private sale of an aggregate of 8,243,038 and 556,962 private warrants, respectively, to the Sponsor and EBC at a purchase price of US$1.00 per private warrant, generating gross