Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 240

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 240
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 We expect to enter into arrangements with DTC whereby we will agree to indemnify DTC for stamp duty that may be assessed upon it as a result of its service as a depository and clearing agency for the PubCo ADSs and the PubCo Warrants. We expect these actions, among others, will result in DTC agreeing to accept the PubCo ADSs and the PubCo Warrants for deposit and clearing within its facilities. DTC is not obligated to accept PubCo ADSs or the PubCo Warrants for deposit and clearing within its facilities in connection with the listing, and even if DTC does initially accept PubCo ADSs or the PubCo Warrants, it will generally have discretion to cease to act as a depository and clearing agency for PubCo ADSs or the PubCo Warrants. If DTC determines prior to the consummation of the Business Combination that PubCo ADSs or the PubCo Warrants are not eligible for clearance within the DTC system, then we would not expect to consummate the Business Combination or the listing contemplated by this proxy statement/prospectus in its current form. However, if DTC determines at any time after the completion of the transactions and the listing that PubCo ADSs or the PubCo Warrants were not eligible for continued deposit and clearance within its facilities, then we believe that PubCo ADSs or PubCo Warrants would not be eligible for continued listing on a U.S. securities exchange and trading in the securities or warrants would be disrupted. While we would pursue alternative arrangements to preserve its listing and maintain trading of its securities, any such disruption could have a material adverse effect on the market price of PubCo ADSs and the PubCo Warrants. 94 EXTRAORDINARY GENERAL MEETING OF FINNOVATE’S SHAREHOLDERS General Finnovate is furnishing this proxy statement/prospectus to Finnovate’s shareholders as part of the solicitation of proxies by Finnovate’s board of directors for use at the Meeting to be held on January30, 2025, and at any adjournment thereof. This proxy statement/prospectus provides Finnovate’s shareholders with information they need to know to be able to vote or instruct their vote to be cast at the Meeting. Date, Time and Place The Meeting will be held on January30, 2025 at 10:00 a.m., Eastern Time, at the office of Ellenoff Grossman & Schole LLP located at 1345 Avenue of the Americas, New York