Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 771

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 771
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 fees payable to the SEC, Nasdaq or any other Governmental Entity, in each case of the foregoing in connection with the Transactions; provided, further , that if the Closing is consummated prior to the Outside Date, Pubco shall be responsible for paying (i) the SPAC Transaction Expenses in an amount of up to US$9,000,000 (the “ SPAC Fee Cap ”); provided, however, that those SPAC Transaction Expenses set forth on Schedule 10.3(a)(i) shall be excluded from the SPAC Fee Cap and (ii) the SPAC Transaction Expenses and the Company Transaction Expenses, in an aggregate amount, shall not exceed US$15,000,000 (the “ Fee Cap ”); provided further, however, that those SPAC Transaction Expenses set forth on Schedule 10.3(a)(i) shall be excluded from the Fee Cap. Attached as Schedule 10.3(a) is an estimate as of the date of this Agreement of the SPAC Transaction Expenses for illustrative purposes, and shall not be binding on any Party. (b) Subject to Section 4.6 (d) and Section 7.3 (b) , the Company and Purchaser agree that during the Interim Period each Party’s discretionary expenses, such as fees and expenses related to travel and communication, shall not without the prior written consent of the other Party, exceed One Hundred Thousand U.S. Dollars ($100,000) in aggregate. ARTICLE XI WAIVERS AND RELEASES 11.1 Waiver of Claims Against Trust. Reference is made to the IPO Prospectus. The Company, Pubco, First Merger Sub and Second Merger Sub hereby represents and warrants that it has read the IPO Prospectus and understands that Purchaser has established the Trust Account containing the proceeds of the IPO and the overallotment shares acquired by Purchaser’s underwriters and from certain private placements occurring simultaneously with the IPO (including interest accrued from time to time thereon) for the benefit of Purchaser’s public shareholders (including overallotment shares acquired by Purchaser’s underwriters) (the “ Public Shareholders ”) and that, except as otherwise described in the IPO Prospectus, Purchaser may disburse monies from the Trust Account only: (a) to the Public Shareholders in the event they elect to redeem their shares of Purchaser Ordinary Shares (or Pubco Ordinary Shares upon the Merger) in connection with the consummation of its initial business combination (as such term is used