Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 791

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 791
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 memorandum and articles of association or similar organizational documents, in each case, as amended. “ Overseas Listing Trial Measures ” means the Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies, promulgated by the CSRC on February 17, 2023. “ Patents ” means any patents, patent applications and the inventions, designs and improvements described and claimed therein, patentable inventions, and other patent rights (including any divisionals, provisionals, continuations, continuations-in-part, substitutions, or reissues thereof, whether or not patents are issued on any such applications and whether or not any such applications are amended, modified, withdrawn, or refiled). “ PCAOB ” means the U.S. Public Company Accounting Oversight Board (or any successor thereto). “ Per Share Price ” means the Redemption Price, which shall be no less than the par value of Purchaser Ordinary Shares. “ Permits ” means all federal, state, local or foreign or other third-party permits, grants, easements, consents, approvals, authorizations, exemptions, licenses, franchises, concessions, ratifications, permissions, clearances, confirmations, endorsements, waivers, certifications, designations, ratings, registrations, qualifications or orders of any Governmental Authority or any other Person. “ Permitted Equity Financing ” means an investment of up to US$10 million worth of Company Securities individually and $50 million in the aggregate prior to the Closing pursuant to written investment agreement(s) entered into by the Company and investor(s) after the date hereof. “ Permitted Liens ” means (a) Liens for Taxes or assessments and similar governmental charges or levies, which either are (i) not delinquent or (ii) being contested in good faith and by appropriate proceedings, and for which adequate reserves have been established with respect thereto, (b) other Liens imposed by operation of Law arising in the ordinary course of business for amounts which are not due and payable and as would not in the aggregate materially and adversely affect the value of, or materially and adversely interfere with the use of, the property subject thereto, (c) Liens incurred or deposits made in the ordinary course of business in connection with social security, (d) Liens on goods in transit incurred pursuant to documentary letters of credit, in each case arising in the ordinary course of business, or (e) Liens arising under this Agreement or any Ancillary Document. “ Person ” means an individual, corporation, partnership (including a