Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 252

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 252
---
5,000,001 following the redemption prior to and upon consummation of the Business Combination. If the Business Combination Proposal and the NTA Proposal are approved, all of the references in this proxy statement/prospectus to the “Finnovate Articles” shall be deemed to mean the Finnovate Articles as amended by the NTA Amendments contained in this NTA Proposal. Required Vote and Recommendation of the Board The approval of the NTA Proposal will require a special resolution, being a resolution passed at the Meeting by at least two -thirdsof the votes which are cast by those shareholders who, being entitled to do so, vote in person or by proxy at the Meeting. Abstentions and broker non -voteswill be counted towards the quorum requirement but will not have an effect on the NTA Proposal. Based on the terms and provisions contained in the Finnovate Articles and the Cayman Companies Act, assuming that Finnovate’s Sponsor Parties vote their Founder Shares in favor of the Business Combination Proposal and all other proposals being presented at the Meeting, if only the minimum quorum of 2,618,897 Finnovate Ordinary Shares issued and outstanding as of the Record Date are voted at the Meeting, then, in addition to the Finnovate Ordinary Shares held by the Sponsor Parties, Finnovate would need 1,280,969 Finnovate Class A Ordinary Shares, or approximately 25.8% of the 4,956,638 Finnovate Ordinary Shares not held by the Sponsor Parties outstanding as of the Record Date to be voted in favor of the NTA Proposal in order for the NTA Proposal to be approved. If all holders of the 5,327,792 Finnovate Ordinary Shares issued and outstanding as of the Record Date are voted at the Meeting, then, in addition to the Finnovate Ordinary Shares held by the Sponsor Parties, Finnovate would need 3,026,899 Finnovate Class A Ordinary Shares, or approximately 61.1% of the 4,956,638 Finnovate Ordinary Shares not held by the Sponsor Parties outstanding as of the Record Date to be voted in favor of the NTA Proposal in order for the NTA Proposal to be approved. The full text of the resolution to be passed is as follows: “RESOLVED, as a special resolution, that subject to the approval of the Business Combination Proposal and with effect prior to the consummation of the proposed Business Combination: (a)Article 49.2(b