Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 643

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 643
---
Agreement”). It is a condition to the Closing that all stockholders of Scage between signing and Closing enter into a Lock -UpAgreement (each, a “Seller Lock -UpAgreement”). Pursuant to each Key Seller Lock -UpAgreement, each Key Scage Shareholder agreed not to, during the period commencing from the date and time at which the Closing is actually held (the “Closing Date”) and ending on (A) the 6 -monthanniversary of the Closing Date with respect to 40% of the restricted securities and (B) the 36 -monthanniversary of the Closing Date with respect to the remaining 60% of the restricted securities, (i) lend, offer, pledge, hypothecate, encumber, donate, assign, sell, offer to sell, contract or agree to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, or otherwise transfer or dispose of or agree to transfer or dispose of, directly or indirectly, or establish or increase of a put equivalent position or liquidate or decrease a call equivalent position within the meaning of Section 16 of the Exchange Act and the rules and regulations of the SEC promulgated thereunder, or otherwise transfer or dispose of, directly or indirectly, any restricted securities, (ii) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Lock -upSecurities (as that term is defined in the Business Combination Agreement), whether any such transaction is to be settled by delivery of such restricted securities, in cash or otherwise, or (iii) publicly disclose the intention to do any of the foregoing, whether any such transaction described in clauses (i), (ii) or (iii) above is to be settled by delivery of restricted securities or other securities, in cash or otherwise (any of the foregoing described in clauses (i), (ii) or (iii), a “Prohibited Transfer”) (subject to early release if Pubco consummates a Change of Control (as that term is defined in the Business Combination Agreement)). Pursuant to each Seller Lock -UpAgreement, the remaining Scage shareholders will agree not to make a Prohibited Transfer during the period commencing from the Closing Date and ending on the 6 -monthanniversary of the Closing Date (subject to early release if Pubco consummates a Change of Control). Shareholder Support Agreement Simultaneously