Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 46

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 46
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 cause Finnovate’s net tangible assets at Closing not to be less than $5,000,001. Assumptions are as follows: • Assuming no additional redemption scenario:This presentation assumes that no Public Shareholders exercise redemption rights with respect to their Public Shares since the last redemption of 1,383,214shares in November 2024. • Assuming Contractual Maximum Redemption scenario:This presentation assumes that the Public Shareholders holding approximately 100.0% of the Public Shares exercise redemption rights with respect to their Public Shares. This scenario assumes 865,292 Public Shares are redeemed for an aggregate redemption payment of approximately US$10.1million plus a pro rata portion of interest accrued on the Trust Account (net of taxes payable). The maximum redemption scenario is determined based on the Finnovate shareholders’ approval of the NTA Proposal (“Contractual Maximum Redemption”). • Assuming 25% redemption scenario:This presentation assumes that the Public Shareholders holding approximately 25.0% of the Public Shares exercise redemption rights with respect to their Public Shares, which is approximately 25% of the Public Shares assumed to be redeemed under the Contractual Maximum Redemption scenario. This scenario assumes that 216,323 Public Shares are redeemed for an aggregate redemption payment of approximately US$2.5million plus a pro rata portion of interest accrued on the Trust Account (net of taxes payable). • Assuming 50.0% redemption scenario:This presentation assumes that the Public Shareholders holding approximately 50.0% of the Public Shares exercise redemption rights with respect to their Public Shares, which is approximately 50.0% of the Public Shares assumed to be redeemed under the xix

Contractual Maximum Redemption scenario. This scenario assumes that 432,646 Public Shares are redeemed for an aggregate redemption payment of approximately US$5.1million plus a pro rata portion of interest accrued on the Trust Account (net of taxes payable). • Assuming 75.0% redemption scenario:This presentation assumes that the Public Shareholders holding approximately 75.0% of the Public Shares exercise redemption rights with respect to their Public Shares, which is approximately 75.0% of the Public Shares assumed to be redeemed under the Contractual Maximum Redemption scenario. This scenario assumes that 648,969 Public Shares are redeemed for an aggregate redemption payment of approximately US$7.6million plus a pro rata portion of interest accrued on the Trust Account (net of taxes payable). Each of the redemption scenarios assumes no conversion of (1) June 202