Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 313

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 313
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 tangible assets prior to or upon consummation of the Business Combination, after taking into account the holders of Finnovate Public Shares that properly demanded that Finnovate redeem their Finnovate Public Shares in exchange for their pro rata share of the Trust Account. If the Business Combination Proposal is not approved, then the other proposals (except the Adjournment Proposal, as described below) will not be presented to the shareholders for a vote. The full text of the resolution to be passed is as follows: “RESOLVED, as an ordinary resolution, that Finnovate’s entry into the Business Combination Agreement, dated as of August 21, 2023 (as amended on June18, 2024 and on October31, 2024, the “Business Combination Agreement”), by and among Finnovate, Scage International Limited, a Cayman Islands exempted company (“Scage International”), Scage Future, a Cayman Islands exempted company (“PubCo”), Hero1, a Cayman Islands exempted company and a direct wholly owned subsidiary of PubCo (“Merger Sub I”), and Hero2, a Cayman Islands exempted company and a direct wholly owned subsidiary of PubCo (“Merger Sub II”), a copy of which is attached to this proxy statement/prospectus as Annex A, pursuant to which the Business Combination (as defined below) will be effected in two steps. Subject to the approval and adoption of the Business Combination Agreement by the shareholders of Finnovate, on the date of the consummation of the Business Combination (the “Closing Date”): (1) Merger Sub I will merge with and into Scage International (the “First Merger”), with Scage International surviving the First Merger as a wholly -ownedsubsidiary of PubCo (the time at which the First Merger becomes effective is sometimes referred to herein as the “First Merger Effective Time”); and (2) immediately following the First Merger, Merger Sub II will merge with and into Finnovate (the “Second Merger” and, together with the First Merger, the “Mergers,” and together with all other transactions contemplated by the Business Combination Agreement, the “Business Combination”), all upon the terms and subject to the conditions set forth in the Business Combination Agreement and in accordance with the applicable provisions of the Companies Act and the Australian Act, and the performance by Finnovate of its obligations thereunder be and are hereby confirmed, approved, adopted and ratified in all respects.”