Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 271

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 271
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 International Board is not exhaustive and is intended only to reflect the principal factors considered by the Scage International Board. In view of the wide variety of factors considered by the Scage International Board in connection with its evaluation of the Business Combination and the complexity of these matters, the Scage International Board did not consider it practical to, and it did not attempt to, quantify, rank or otherwise assign relative weights to the specific factors that it considered in reaching its decision. In consideration of the factors described above and the other factors, individual members of the Scage International Board may have viewed factors differently or given different weights to these factors. After considering the various potentially positive and negative factors, including the foregoing, the Scage International Board determined that, in the aggregate, the potential benefits of the Business Combination outweigh the risks and uncertainties of the Business Combination. Finnovate Board’s Reasons for Approval of the Business Combination The Finnovate Board considered a variety of factors in connection with its evaluation of the Business Combination. In light of the number and complexity of those factors, the Finnovate Board, as a whole, did not consider it practicable to, and did not attempt to, quantify or otherwise assign relative weights to the specific factors that it considered in reaching its determination and supporting its decision. Individual directors may have given different weight to different factors. The Finnovate Board viewed its decision as being a business judgment that was based on all of the information available and the factors presented to and considered by it. Certain information presented in this section is forward -lookingin nature and, therefore, should be read in light of the factors discussed under “Cautionary Note Regarding Forward -LookingStatements.” Finnovate management and the members of the Finnovate Board have substantial experience in evaluating the financial merits of companies across a variety of industries, and the Board concluded that this experience and background qualified them to make the necessary analyses and determinations regarding the Business Combination and its terms. The factors and information considered by the Finnovate Board, as further described under the heading “Finnovate Financial Analysis” below, included relevant financial information selected based on the business experience and professional judgment of Finnovate management. The Finnovate Board, before reaching its unanimous decision to recommend the Business Combination to the Finnovate shareholders, consulted with Finnovate’s advisors and reviewed in detail information and analyses provided to the Finnovate Board by Finnovate management, as further described below. The due diligence and analyses conducted by Finnovate management and Finnovate’s advisors