Company: SCAG
Filing Date: 2025-11-12
Form Type: 20-F
Source: 0001213900-25-109190
Chunk: 229

Company: Scage Future
Filing Date: 2025-11-12
Form: 20-F
Item: Item 19
Chunk 229
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,153  
  Balance as of June 30, 2024                                        4,584,984  
  Attribution of net loss                                                ( 421  
  Foreign exchange adjustment                                           66,730  
  Balance as of June 30, 2025                                       $4,651,293  

F-34

SCAGE
FUTURE

NOTES
TO CONSOLIDATED FINANCIAL STATEMENTS

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

  15.      ORDINARY  

The
Company is authorized to issue a maximum of 500,000,000 0.0001

Outstanding
Ordinary Shares Issued to Finnovate

Immediately
before consummation of the Business Combination, Finnovate had 4,561,585 99,085 4,312,500 150,000 4,561,585

Outstanding
Ordinary Shares Issued to Scage International

Historically,
Scage International’s authorized share capital is US$ 50,000 5,000,000,000 4,968,808,414 0.00001 104,766,463 13,613,762 0.00001 12,495,712 0.00001 5,082,112 0.00001

On
August 23, 2024, a Subscription Agreement (“ Subscription Agreement of MOUETTE”) was entered into between Scage International
and MOUETTE CAPITAL COMPANY LTD. (“ MOUETTE”), in which MOUETTE promises to subscribe 1,721,171 0.00001 5.81 10,000,000

On
October 20, 2024, another Subscription Agreement (“ Subscription Agreement of MOUETTE”) was entered into between Scage International
and MOUETTE CAPITAL COMPANY LTD. (“ MOUETTE”), in which MOUETTE promises to subscribe another 1,721,171 0.00001 5.81 10,000,000

Scage
International Group received all US$ 20,000,000 3,442,342

Immediately
before the consummation of the Business Combination, Scage International Group had 108,208,805 31,191,586 13,613,762 12,495,712 5,082,112 1:0.4841 67,