Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 28

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 28
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 the changes to the authorized share capital of Finnovate. See the section entitled “The Merger Proposal.” The Merger Proposal is a Condition Precedent Proposal and is conditioned on the approval of the Business Combination Proposal. Therefore, if the Business Combination Proposal is not approved, then the Merger Proposal will not be presented to Finnovate’s shareholders at the Meeting. x Finnovate’s shareholders are also being asked to consider and vote upon a proposal, to approve the replacement of PubCo’s current memorandum and articles of association with the PubCo A&R MAA, immediately prior to consummation of the Business Combination. See the section entitled “The PubCo Memorandum and Articles Proposal.” The PubCo Memorandum and Articles Proposal is a Condition Precedent Proposal and is conditioned on the approval of the Business Combination Proposal. Therefore, if the Business Combination Proposal is not approved, then the PubCo Memorandum and Articles Proposal will not be presented to Finnovate’s shareholders at the Meeting. The PubCo Memorandum and Articles Proposal is not conditioned on the separate approval of the Organizational Documents Advisory Proposals described below. Finnovate’s shareholders are also being asked to consider and vote to approve, on an advisory and non -bindingbasis, in the material differences between the Finnovate Articles and the PubCo A&R MAA relating to the authorized share capital, the status as blank check company, the number of directors and the shareholder meeting quorum as described in four separate proposals. These separate votes are not otherwise required by Cayman Islands laws but are required by SEC guidance that shareholders have the opportunity to present their views on important corporate governance provisions. See the section entitled “The Organizational Documents Advisory Proposals.” Finnovate’s shareholders are also being asked to consider and vote upon a proposal to consider and vote on a proposal to elect, effective at the Effective Time, seven (7) directors to serve on PubCo’s board of directors for a term in accordance with the Business Combination Agreement. See the section entitled “The PubCo Director Election Proposal.” The PubCo Director Election Proposal is a Condition Precedent Proposal and is conditioned on the approval of the Business Combination Proposal. Therefore, if the Business Combination Proposal is not approved, then the PubCo Director Election Proposal will not be presented to shareholders at the Meeting. Therefore, if the Business Combination Proposal is not approved, then the Director Election Proposal will not be presented to shareholders at the Meeting. Finnovate’s shareholders are also being asked to consider and vote upon a proposal