Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 510

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 510
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 duration company; and •may register as a segregated portfolio company. Rights of Non-Resident or Foreign Shareholders There are no limitations imposed by the PubCo A&R MAA on the rights of non -residentor foreign shareholders to hold or exercise voting rights on PubCo’s shares. In addition, there are no provisions in the PubCo A&R MAA governing the ownership threshold above which shareholder ownership must be disclosed. Enforceability of Civil Liability under Cayman Islands Law The Cayman Islands has a different body of securities laws as compared to the United States and provides less protection to investors. Additionally, Cayman Islands companies may not have standing to sue before the Federal courts of the United States. There is uncertainty as to whether the courts of the Cayman Islands would: •recognize or enforce against us judgments of courts of the United States based on certain civil liability provisions of U.S. securities laws; and •entertain original actions brought in each respective jurisdiction against us or our directors or officers predicated upon the securities laws of the United States or any state in the United States. There is no statutory enforcement in the Cayman Islands of judgments obtained in the United States, although the courts of the Cayman Islands will in certain circumstances recognize and enforce a foreign judgment, without any re -examinationor re -litigationof matters adjudicated upon, provided such judgment: (a)is given by a foreign court of competent jurisdiction; (b)imposes on the judgment debtor a liability to pay a liquidated sum for which the judgment has been given; (c)is final; (d)is not in respect of taxes, a fine or a penalty; (e)was not obtained by fraud; and (f)is not of a kind the enforcement of which is contrary to natural justice or the public policy of the Cayman Islands. 261 Subject to the above limitations, in appropriate circumstances, a Cayman Islands court may give effect in the Cayman Islands to other kinds of final foreign judgments such as declaratory orders, orders for performance of contracts and injunctions. Anti-Money Laundering—Cayman Islands In order to comply with legislation or regulations aimed at the prevention of money laundering, we are required to adopt and maintain anti -moneylaundering procedures and may require subscribers to provide evidence to verify their identity and source of funds. Where permitted, and subject to certain conditions, we may also delegate the maintenance of our anti -moneylaundering procedures (including the acquisition of due diligence information