Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 25

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 3
Chunk 25
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 control deficiencies may have been identified.

We have implemented and are
continuing to implement a number of measures to address the material weaknesses that have been identified. For details, see “ ITEM 15. Controls and Procedure - Management’s Annual
Report on Internal Control over Financial Reporting.” However, we cannot assure you that we will be able to continue implementing these measures in the future,
or that we will not identify additional material weaknesses or significant deficiencies in the future.

Section 404 of the Sarbanes-Oxley Act of 2002
(“ Section 404”) requires that we include a report of management on our internal control over financial reporting in
our annual report on Form 20-F beginning with the second annual report on Form 20-F after becoming a public company.
In addition, once we cease to be an “emerging growth company” as such term is defined in the JOBS Act, our independent registered
public accounting firm must attest to and report on the effectiveness of our internal control over financial reporting. Our management
may conclude that our internal control over financial reporting is not effective. Moreover, even if our management concludes that our
internal control over financial reporting is effective, our independent registered public accounting firm, after conducting its own independent
testing, may issue a report that is qualified if it is not satisfied with our internal controls or the level at which our controls are
documented, designed, operated or reviewed, or if it interprets the relevant requirements differently from us. In addition, after we
become a public company, our reporting obligations may place a significant strain on our management, operational and financial resources
and systems for the foreseeable future. We may be unable to timely complete our evaluation testing and any required remediation. While
documenting and testing our internal control procedures, in order to satisfy the requirements of Section 404, we may identify other
weaknesses and deficiencies in our internal control over financial reporting.

In addition, if we fail to
maintain the adequacy of our internal control over financial reporting, as these standards are modified, supplemented or amended from
time to time, we may not be able to conclude on an ongoing basis that we have effective internal control over financial reporting in
accordance with Section 404. Generally, if we fail to achieve and maintain an effective internal control environment, we could suffer
material misstatements in our financial statements and fail to meet our reporting obligations, which would likely cause investors to
lose confidence in our reported financial information. This could in turn