Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 184

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 184
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 Subsidiaries may not be at all times deemed in compliance with the regulations. As a result, these entities could be subject to penalties or incur significant liabilities in connection with labor disputes or investigations. Risks Related to the Business Combination and Finnovate Unless the context otherwise requires, all references in this subsection to the “Company,” “we,” “us” or “our” refer to Finnovate prior to the consummation of the Business Combination and PubCo following the consummation of the Business Combination. The consummation of the Business Combination is subject to a number of conditions, and if those conditions are not satisfied or waived, the Business Combination Agreement may be terminated in accordance with its terms and the Business Combination may not be completed. The Business Combination Agreement is subject to a number of conditions which must be fulfilled in order to complete the Business Combination. Any of the conditions to a party’s obligation to consummate the Business Combination set forth in the Business Combination Agreement may be waived, if legally permitted, by such party. Those conditions include, but are not limited to: the approval of the Business Combination Agreement and the transactions contemplated thereby, the adoption of PubCo’s amended and restated memorandum and articles of association, the appointment of the members of the PubCo’s board of directors after the Closing and other related matters by the requisite vote of Finnovate’s shareholders, as well as receipt of requisite regulatory approval, absence of orders prohibiting completion of the Business Combination, effectiveness of the registration statement of which this proxy statement/prospectus is a part, the accuracy of the representations and warranties by both parties (subject to the materiality standards set forth in the Business Combination Agreement) and the performance by both parties of their covenants and agreements. These conditions to the closing of the Business Combination may not be fulfilled in a timely manner or at all, and, accordingly, the closing of the Business Combination may be significantly delayed or not occur at all. In addition, the parties can mutually decide to terminate the Business Combination Agreement at any time, before or after shareholder approval, or Finnovate or Scage International may elect to terminate the Business Combination Agreement in certain other circumstances. 66 The Sponsor Parties may exert a substantial influence as to whether the proposals presented at the Meeting, including the Business Combination Proposal, are approved, potentially in a manner that Public Shareholders do not support. The Sponsor Parties own approximately 6.6% of the total issued and outstanding Finnovate Ordinary Shares and have the right to vote on all of the