Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 220

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 220
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 receive Finnovate’s proxy materials, such Finnovate Public Shareholder may not become aware of the opportunity to redeem his, her, or its Finnovate Public Shares. In addition, the proxy materials that Finnovate is furnishing to holders of Finnovate Public Shares in connection with the Business Combination describes the various procedures that must be complied with in order to validly redeem the Finnovate Public Shares. In the event that a Finnovate Public Shareholder fails to comply with these procedures, its Finnovate Public Shares may not be redeemed. Please see the section titled “Extraordinary General Meeting of Shareholders of Finnovate—Redemption Rights” for additional information on how to exercise your redemption rights. If a Finnovate Public Shareholder or a “group” of Finnovate Public Shareholders are deemed to hold in excess of 15% of Finnovate Public Shares, that Finnovate Public Shareholder or Finnovate Public Shareholders will lose the ability to redeem all such shares in excess of 15% of Finnovate Public Shares, absent Finnovate’s consent. A holder of Finnovate Public Shares, together with any affiliate of such shareholder or any other person with whom such Finnovate Public Shareholder is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act), will be restricted from seeking redemption rights with respect to more than an aggregate of 15% of the Finnovate Public Shares, which is referred to as the “Excess Shares.” Accordingly, if a Finnovate Public Shareholder, alone or acting in concert or as a group, seeks to redeem more than 15% of the Finnovate Public Shares, then any such Excess Shares would not be redeemed for cash, without Finnovate’s prior consent. However, such Finnovate Public Shareholder may vote all their shares (including Excess Shares) for or against the Business Combination. A Finnovate Public Shareholder’s inability to redeem the Excess Shares will reduce such Finnovate Public Shareholder’s influence over Finnovate’s ability to complete the Business Combination and such Finnovate Public Shareholder could suffer a material loss on such Finnovate Public Shareholder’s investment in Finnovate if the Finnovate Public Shareholder sells Excess Shares in open market transactions. Additionally, a Finnovate Public Shareholder will not receive Redemption distributions with respect to the Excess Shares if Finnovate completes the Business Combination. As