Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 499

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 499
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 PubCo ADSs and Assumed Warrants held in an account maintained with a U.S. financial institution), by attaching a complete IRS Form 8938, Statement of Specified Foreign Financial Assets, with their tax return, for each year in which they hold PubCo ADSs and Assumed Warrants. U.S. holders should consult their tax advisors regarding the effect, if any, of these rules on the ownership and disposition of PubCo ADSs and Assumed Warrants. Non-U .S. Holders The section applies to you if you are a non -U.S. holder. For purposes of this discussion, a non -U.S. holder means a beneficial owner (other than a partnership or an entity or arrangement so characterized for U.S. federal income tax purposes) of Finnovate securities, Company Ordinary Shares, PubCo ADSs or Assumed Warrants that is not a U.S. holder, including: 1.a nonresident alien individual, other than certain former citizens and residents of the United States; 2.a foreign corporation; or 3.a foreign estate or trust; but generally does not include an individual who is present in the United States for 183 days or more in the taxable year of disposition. Non-U .S. Holders Exercising Redemption Rights with Respect to Finnovate Ordinary Shares The characterization for U.S. federal income tax purposes of the redemption of a non -U.S. holder’s Finnovate Ordinary Shares generally will correspond to the U.S. federal income tax characterization of such a redemption of a U.S. holder’s Finnovate Ordinary Shares, as described above under “—U.S. Holders—The Business Combination—Redemption of Finnovate Ordinary Shares.” Any redeeming non -U.S. holder generally will not be subject to 254 U.S. federal income tax and U.S. federal withholding tax on any gain recognized as a result of the redemption treated as a sale of stock under Section 302 of the Code or any corporate distribution received in the redemption within the meaning of Section 301 of the Code, except to the extent described below under “—Ownership and Disposition of PubCo ADSs and Assumed Warrants by Non -U.S. Holders”. Ownership and Disposition of PubCo ADSs and Assumed Warrants by Non-U .S. Holders A non -U.S. holder of PubCo ADSs or Assumed Warrants will not be subject to U.S. federal income tax or, subject to the discussion below