Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 316

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 316
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ovate would need 3,026,899 Finnovate Class A Ordinary Shares, or approximately 61.1% of the 4,956,638 Finnovate Ordinary Shares not held by the Sponsor Parties outstanding as of the Record Date to be voted in favor of the Merger Proposal in order for the Merger Proposal to be approved. 138 The Sponsor has agreed to vote any of its Finnovate ordinary shares owned by it in favor of the Merger Proposal. Recommendation of the Finnovate Board THE FINNOVATE BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT FINNOVATE SHAREHOLDERS VOTE “FOR” THE APPROVAL OF THE MERGER PROPOSAL. 139 PROPOSAL FOUR—THE PUBCO MEMORANDUM AND ARTICLES PROPOSAL Overview In connection with the Business Combination, Finnovate’s shareholders are asked to consider and vote upon, to approve by special resolution and to adopt, the PubCo A&R MAA, substantially in the form attached to this proxy statement/prospectus as Annex C. All shareholders are encouraged to read the PubCo A&R MAA in their entirety. Reasons for the PubCo Memorandum and Articles Proposal The PubCo A&R MAA were negotiated as part of the Business Combination. The Finnovate Board’s specific reasons for each of the Organizational Documents Advisory Proposals are set forth in “Proposal Five—The Organizational Documents Advisory Proposals.” Resolution The full text of the resolution to be passed is as follows: “ RESOLVED, as a special resolution, that the proposed amended and restated memorandum and articles of association of PubCo (the “PubCo A&R MAA”), the form of which is attached to the accompanying proxy statement/prospectus as Annex C, be approved to take effect at the First Merger Effective Time.” Vote Required for Approval If the Business Combination Proposal is not approved, the PubCo Memorandum and Articles Proposal will not be presented at the extraordinary general meeting. The approval of the PubCo Memorandum and Articles Proposal requires a special resolution, being the affirmative vote (in person or by proxy) of the holders of at least two -thirdsof the Finnovate Class A Ordinary Shares and Finnovate Class B Ordinary Shares entitled to vote and actually casting votes thereon at the extraordinary general meeting, voting as a single class. This vote is not required by Cayman Islands law. Abstentions and broker non -voteswill not count as a vote cast at