Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 853

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 853
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 Company has and is capable of exercising all the functions of a natural person of full capacity irrespective of any question of corporate benefit. 5Nothing in any of the preceding paragraphs permits the Company to carry on any of the following businesses without being duly licensed, namely: (a)the business of a bank or trust company without being licensed in that behalf under the Banks and Trust Companies Act (Revised); or (b)insurance business from within the Cayman Islands or the business of an insurance manager, agent, sub-agent or broker without being licensed in that behalf under the Insurance Act (Revised); or (c)the business of company management without being licensed in that behalf under the Companies Management Act (Revised). 6The Company will not trade in the Cayman Islands with any person, firm or corporation except in furtherance of its business carried on outside the Cayman Islands. Despite this, the Company may effect and conclude contracts in the Cayman Islands and exercise in the Cayman Islands any of its powers necessary for the carrying on of its business outside the Cayman Islands. 7The Company is a company limited by shares and accordingly the liability of each member is limited to the amount (if any) unpaid on that member’s shares. 8The authorised share capital of the Company is US$50,000 divided into 500,000,000 Shares comprising (i) 400,000,000 Ordinary Shares of US$0.0001 par value each; and (ii) 100,000,000 Shares of US$0.0001 par value each of such class or classes (however designated) as the Board may determine in accordance with Article 2.4 of the Articles. However, subject to the Companies Act (Revised) and the Company’s articles of association, the Company has power to do any one or more of the following: (a)redeem or repurchase any of its shares; (b)increase or reduce its capital; (c)issue any part of its capital (whether original, redeemed, increased or reduced): (i)with or without any preferential, deferred, qualified or special rights, privileges or conditions; or (ii)subject to any limitations or restrictions and unless the condition of issue expressly declares otherwise, every issue of shares (whether declared to be ordinary, preference or otherwise) is subject to this power; and (d)alter any of those rights, privileges, conditions, limitations or restrictions. 9The Company has power to register by way of continuation as