Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 317

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 317
---
 the extraordinary general meeting. Accordingly, failure to vote in person, online, or by proxy at the extraordinary general meeting or an abstention from voting will have no effect on the outcome of the vote on the PubCo Memorandum and Articles 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 PubCo Memorandum and Articles Proposal in order for the PubCo Memorandum and Articles 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 PubCo Memorandum and Articles Proposal in order for the PubCo Memorandum and Articles Proposal to be approved. Approval of the PubCo Memorandum and Articles Proposal is a condition to the parties’ obligations to consummate the Business Combination. Accordingly, if the PubCo Memorandum and Articles Proposal is not approved, the Business Combination may not be consummated. The Sponsor has agreed to vote any of its Finnovate ordinary shares owned by it in favor of the Merger Proposal. Recommendation of the Finnovate Board THE FINNOVATE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT FINNOVATE SHAREHOLDERS VOTE “FOR” THE APPROVAL OF THE PUBCO MEMORANDUM AND ARTICLES PROPOSAL. 140

PROPOSAL FIVE—THE ORGANIZATIONAL DOCUMENTS ADVISORY PROPOSALS Overview If the Pub