Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 82

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 82
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 trading in Finnovate’s securities would be suspended at the open of trading on November12, 2024 due to the Company’s failure to timely satisfy the terms of the Panel’s July3, 2024 decision (the “Decision”). On November6, 2024, Finnovate notified the Panel that it would not be able to close its initial business combination by the Panel’s November4, 2024 deadline. Accordingly, the Panel has determined to delist Finnovate’s securities from Nasdaq as set forth in the Notice Letter. Since November12, 2024, Finnovate’s securities have been suspended from trading on Nasdaq and have subsequently been quoted on the OTC Markets. On January3, 2025, the Sponsor consummated a distribution of its assets in accordance with its governing documents, which included the distribution of 4,237,499 Finnovate Class A Ordinary Shares, 1 Finnovate Class B Ordinary Share and 8,243,038 Finnovate Private Warrants then held by the Sponsor to its constituent members (the “Sponsor Distribution”). Following the Sponsor Distribution, the Sponsor no longer holds any Finnovate securities acquired by the Initial Shareholders. The Finnovate Articles provide for the return of the proceeds of the IPO held in the Trust Account to the holders of Finnovate Public Shares if there is no qualifying business combination(s) consummated on or before a certain date (in Finnovate’s case, May8, 2025, unless extended by Finnovate’s shareholders, or such earlier time as the Finnovate Board determines)). Finnovate intends to consummate the Business Combination as soon as practicable and does not intend to use the full amount of time through May8, 2025, to consummate the Business Combination unless necessary. The Finnovate Public Units, Finnovate Public Shares and Finnovate Public Warrants are currently quoted on the OTC Markets under the symbols “FNVTUF,” “FNVTF” and “FNVTWF,” respectively. At the Closing, the outstanding Finnovate Class A Ordinary Shares will be converted into PubCo ADSs or PubCo Ordinary Shares. 4 Organizational Structure The following diagram sets forth PubCo’s corporate structure, including PubCo’s principal subsidiaries immediately upon completion of the Business Combination. The Business Combination Agreement The terms and conditions of the Business Combination are contained in the Business Combination Agreement, in the form attached to this proxy statement/prospectus as Annex