Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 185

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 19
Chunk 185
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 A convertible redeemable preferred shares (par value $ 0.0001 per share, nil and 5,082,112 shares authorized, issued and outstanding as of June 30, 2025 and 2024, respectively)                                                  -                   8,811,509  
  Receivables for Series A convertible redeemable preferred shares                                                                                                                                                                         -                   ( 735,496  
  Redeemable non-controlling interests                                                                                                                                                                                             4,651,293                   4,584,984  
  Total mezzanine equity                                                                                                                                                                                    $                      4,651,293      $           24,064,976  
  Shareholders’ deficit                                                                                                                                                                                                                                                   
  Ordinary shares (par value of US$ 0.0001 per share; 500,000,000 shares authorized as of June 30, 2025 and 2024, respectively; 72,243,992 and 50,716,451 shares issued and outstanding as of June ...                                 7,224                       5,072  
  Additional paid-in capital                                                                                                                                                                                                      34,042,059                           -  
  Accumulated deficit*                                                                                                                                                                                                          ( 40,217,153                ( 27,273,366  
  Accumulated other comprehensive income                                                                                                                                                                                             900,287                   1,269,726  
  Total shareholders’ deficit attributable to Scage Future                                                                                                                                                                       ( 5,267,583                ( 25,998,568  
  Non-controlling interests                                                                                                                                                                                                        ( 327,008                   ( 279,162  
  Total shareholders’ deficit                                                                                                                                                                                                    ( 5,594,591                ( 26,277,730  
  TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ DEFICIT                                                                                                                                             $                     26,483,763      $           10,557,206  

  Par value of ordinary shares, share data and accumulated deficit have been retroactively restated to give effect to the Reverse Recapitalization (defined below) related to the Business Combinat...  
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F-4

SCAGE
FUTURE

CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

(In
U. S. dollars, except for share and per share data, or otherwise noted)

                                                                                               For the Years Ended June 30,