Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 122

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 122
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 China operations of an offshore holding company, and offerings conducted overseas and foreign investment in China -basedissuers, such as Scage International and PubCo following the Business Combination. Changes in China’s economic, political or social conditions or government policies could have a material adverse effect on the business, results of operations, financial condition of Scage International and PubCo following the Business Combination and the value of PubCo’s securities. The PRC government may intervene or influence Scage International’s operations at any time, subject to necessary procedures. See “Risk Factors—Risks Related to Doing Business in China—The PRC government has significant authority to exert influence on the China operations of an offshore holding company, and offerings conducted overseas and foreign investment in China -basedissuers, such as Scage International and PubCo following the Business 25 Combination. Changes in China’s economic, political or social conditions or government policies could have a material adverse effect on the business, results of operations, financial condition of Scage International and PubCo following the Business Combination and the value of PubCo’s securities.” •Recent regulatory development in China may exert more oversight and control over listing and offerings that are conducted overseas and foreign investment in China -basedissuers, which could result in a material change in Scage International’s operations and significantly limit or completely hinder PubCo’s ability to offer or continue to offer securities to investors and cause the value of PubCo’s securities to significantly decline or be worthless. The approval or record -filingof the CSRC may be required in connection with this offering and PubCo’s future capital raising activities according to applicable laws and regulations, and, if not obtained, Scage International and PubCo following the Business Combination may face regulatory sanctions for failure to comply with relevant requirements for this offering and our future capital raising activities. See “Risk Factors—Risks Related to Doing Business in China—Recent regulatory development in China may exert more oversight and control over listing and offerings that are conducted overseas and foreign investment in China -basedissuers, which could result in a material change in Scage International’s operations and significantly limit or completely hinder PubCo’s ability to offer or continue to offer securities to investors and cause the value of PubCo’s securities to significantly decline or be worthless. The approval or record -filingof the CSRC may be required in connection with this offering and PubCo’s future capital raising activities according to applicable laws and regulations, and, if not obtained, Scage International and PubCo following the Business Combination may face regulatory sanctions