Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 917

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 917
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As more companies focus on electric trucks as technology improves, price-based and fuel-efficiency-based competition will increase. Annex D-1-10

Appendix C: Company Overview Finnovate Acquisition Corp. Company Background 8 Finnovate Acquisition Corp. (“Finnovate”) does not have significant operations. Finnovate focuses on effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. Finnovate was incorporated in 2021 and is based in George Town, the Cayman Islands. Scage International Limited 9 Company Background

| Founded in 2019, Scage International Limited (“Scage”) is an integrated solution provider of zero-emission new energy heavy commercial vehicles and upstream hydrogen production. Scage has completed the design, production and testing of a variety of new energy commercial vehicles, mainly covering scenarios for logistics, mining, and ports, with major customers including China Merchants State Grid, Hengyang Steel, Shenhua Group, and China Building Materials. |

Investors include Jiuhe Ventures, Hanergy Ventures, Amazing Blue Capital, Orient Capital, Purple Peak Capital, Angel Bay Ventures, Taiming Capital, Manjing Hua, INP Bojak Capital, and Temasek Yi Feng. Key Team Members Chao Gao—Founder, CEO •Founder and CTO of Yueboo •17 years of experience in the new energy vehicle industry •Ph.D. at Nanjing University of Aeronautics and Astronautics Dr. Qinghua Zeng—Co-founder •27 years of experience in the automotive industry •Doctor of Vehicle Engineering, Senior Engineer, Tongji University Dr. Yoshio Onuma—Head of Engineer (Fuel cell) •Research and development of the electrolytic cell in the high-temperature electrolysis of water for hydrogen production has deep technical accumulation

____________ 8Business description obtained from S&P Capital IQ. 9Information obtained from board presentations. Annex D-1-11

Products The following is a product comparison of the fuel cell electric vehicles on the market.

| Brand                  |     |                 |     |                 |     |                                 |
| Name                   |     |       Galaxy II |     |        TRE FCEV |     |                  Hypertruck ERX |
| Stage                  |     | Mass production |     | Mass production |     | Complete vehicle: in production 
          Parts: Mass production |
| Range (km)             |     |