Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 448

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 448
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issory note receivable is net cash outflow of US$0.2 million. (13)Reflects the combination of Scage Future’s financial statement and the elimination of intercompany balance between Scage Future and Scage International Limited. As of June 30, 2024, Scage Future recorded accumulated deficit and amount due to Scage International Limited of $39,489, which will be eliminated with amount due from Scage Future recorded by Scage International Limited upon closing. (14)Scage’s receivables from third parties within Prepaid expenses and other current assets, netconsist of multiple non -interestbearing loans to a couple of third parties (“the Borrowers”), who are business partners of 3A Partners Limited, an affiliate of a consultant of Finnovate. The Borrowers utilized the funds from Scage to provide financial support to Sunorange. Finnovate’s Working capital loan—related partyto Sunorange represents the borrowing from Sunorange and was used to pay fees for the business combination. The balances are not offset as there is no intention among the involved parties for such an action. Instead, the parties involved will fulfill their respective obligations through direct repayment as stipulated in the corresponding agreements. 223

UNAUDITED PRO FORMA CONDENSED COMBINED STATEMENT OF OPERATIONS
FOR THE YEAR ENDED JUNE 30, 2024

| FinnovateA                                                            |     | Historical |            | ScageB |     |   |             | Transaction 
 accounting  
 adjustments |     | Scenario 1  
 Assuming No 
 Redemption  |             |   |     |    | Pro Forma 
 Income    
 Statement |     |   |             | Transaction 
 accounting  
 adjustments |     | Scenario 2       
 Assuming Maximum 
 Redemptions      |          |   |     |    | Pro Forma 
 Income    
 Statement |     |   |             |   |
|:----------------------------------------------------------------------|:----|:-----------|-----------:|:-------|:----|:--|------------:|:------------|:----|:------------|:------------|:--|:----|:---|:----------|:----|:--|------------:|:------------|:----|:-----------------|:---------|:--|:----|:---|:----------|:----|:--|------------:|:--|
| Revenues                                                              |     | $          |          — |        |     | $ |   6,111,