Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 126

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 126
---
udited pro forma condensed combined financial information to aid you in your analysis of the financial aspects of the transactions. The unaudited pro forma condensed combined balance sheet as of June30, 2024 gives pro forma effect to the Transactions as if they had been consummated as of that date. The unaudited pro forma condensed combined statements of operations for the year ended June30, 2024 gives pro forma effect to the Transactions as if they had occurred as of the beginning of the earliest period presented. The unaudited pro forma condensed combined balance sheet as of June30, 2024 has been prepared using the following: •Scage International’s historical consolidated balance sheet as of June30, 2024, as included elsewhere in this proxy statement/prospectus, and •Finnovate’s historical balance sheet as of June30, 2024, which was not included in this proxy statement/prospectus. The unaudited pro forma condensed combined statements of operations for the fiscal year ended June 30, 2024 have been prepared using the following: •Scage International’s historical consolidated statements of operations for the fiscal year ended June30, 2024, as included elsewhere in this proxy statement/prospectus, and •Finnovate’s historical statements of operations for the twelve months ended June30, 2024, which was prepared by adding historical statements of operations for the six months ended June30, 2024 to historical statements of operations for the year ended December31, 2023, and subtracting historical statements of operations for the six months ended June30, 2023. Finnovate’s historical statement of operations for the year ended December31, 2023 is included elsewhere in this proxy state ment/prospectus. Finnovate’s historical statements of operations for the six months ended June30, 2024 and 2023 are not included elsewhere in this proxy statement/prospectus. The unaudited pro forma condensed combined financial information has been prepared assuming two alternative levels of redemption into cash of Finnovate’s ordinary shares: • Scenario 1—Assuming no further additional redemption of Finnovate’s ordinary shares for cash since the last redemption of 1,383,214 shares in November 2024: This presentation assumes that no public shareholders of Finnovate exercise redemption rights with respect to their ordinary shares upon consummation of the Transactions; and • Scenario 2—Assuming redemptions of 865,292 ordinary shares of Finnovate for