Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 902

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 902
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 for that purpose, to value any assets and to determine how the division shall be carried out as between the Members or different classes of Members; and/or (b)to vest the whole or any part of the assets in trustees for the benefit of Members and those liable to contribute to the winding up. No obligation to accept liability 31.2No Member shall be compelled to accept any assets if an obligation attaches to them. 31.3The Directors are authorised to present a winding up petition 31.4The Directors have the authority to present a petition for the winding up of the Company to the Grand Court of the Cayman Islands on behalf of the Company without the sanction of a resolution passed at a general meeting. 32Amendment of Memorandum and Articles Power to change name or amend Memorandum 32.1Subject to the Act, the Company may, by Special Resolution: (a)change its name; or (b)change the provisions of its Memorandum with respect to its objects, powers or any other matter specified in the Memorandum. Power to amend these Articles 32.2Subject to the Act and as provided in these Articles, the Company may, by Special Resolution, amend these Articles in whole or in part. Annex C-40 Annex D-1 Fairness Opinion
Related to the Purchase
of Scage International Limited
by Finnovate Acquisition Corp. Valuation Date: June 30, 2023
Report Date: October 31, 2023 Prepared for: Board of Directors Finnovate Acquisition Corp. October 31, 2023 Board of Directors
c/o Mr. Calvin Kung, Chairman and CEO
Finnovate Acquisition Corp.
The White House 20 Genesis Close
George Town, Grand Cayman KY1 1208 Dear Mr. Kung: ValueScope, Inc. was engaged to advise the Board of Directors of Finnovate Acquisition Corp. (“Finnovate”) as to the fairness of a business combination with (the “Subject Transaction”) Scage International Limited (“Scage”). Our analysis is based on the available financial information as of June 30, 2023 (the “Valuation Date”). Our opinion is based on a review of publicly available business and financial information relating to Finnovate and Scage. We have also reviewed internal financial and operating information related to Finnovate and Scage. In addition, we have interviewed members of Finnovate’s and Scage’s management (collectively, “Management”). This opinion is