Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 500

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 500
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 under “—Information Reporting and Backup Withholding,” U.S. federal withholding tax on any dividends received on PubCo ADSs or any gain recognized on a sale or other disposition of PubCo ADSs (including, any distribution to the extent it exceeds the adjusted basis in the non -U.S. holder’s PubCo ADSs) or Assumed Warrants unless the dividend or gain is effectively connected with the non -U.S. holder’s conduct of a trade or business in the United States, and if required by an applicable tax treaty, is attributable to a permanent establishment maintained by the non -U.S. holder in the United States. In addition, special rules may apply to a non -U.S. holder that is an individual present in the United States for 183 days or more during the taxable year of the sale or disposition, and certain other requirements are met. Such holders should consult their own tax advisors regarding the U.S. federal income tax consequences of the sale or disposition of PubCo ADSs and Assumed Warrants. Dividends and gains that are effectively connected with a non -U.S. holder’s conduct of a trade or business in the United States (and, if required by an applicable income tax treaty, are attributable to a permanent establishment or fixed base in the United States) generally will be subject to U.S. federal income tax at the same regular U.S. federal income tax rates applicable to a comparable U.S. holder and, in the case of a non -U.S. holder that is a corporation for U.S. federal income tax purposes, also may be subject to an additional branch profits tax at a 30% rate or a lower applicable tax treaty rate. The U.S. federal income tax treatment of a non -U.S. holder’s exercise of an Assumed Warrant, or the lapse of an Assumed Warrant held by a non -U.S. holder, generally will correspond to the U.S. federal income tax treatment of the exercise or lapse of a warrant by a U.S. holder, as described under “—U.S. Holders—Ownership and Disposition of PubCo ADSs and Assumed Warrants by U.S. Holders—Exercise or Lapse of an Assumed Warrant,” above, although to the extent a cashless exercise results in a taxable exchange, the consequences would be similar to those described in the preceding paragraphs above for a non -U.S. holder’s gain on the sale or other disposition of the PubCo ADSs and Assumed W