Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 129

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 129
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 Combination, unless otherwise specified. We have a limited operating history and face significant challenges in the heavy-duty commercial NEV industry and the e-fuel solution industry, which may render the evaluation of our business and prospects difficult and may increase the risk of your investment. We commenced our business in 2019. As we only have a limited operating history in the heavy -dutycommercial NEV industry and the e -fuelsolution industry, it is difficult to predict our future revenues and appropriately budget for our expenses, and we may have limited insight into trends that may emerge and affect our business. You should consider our business and prospects in light of the risks and challenges that we face as an early -stagecompany and a new entrant into these fast -developingindustries, including our ability to: •design, develop and manufacture our trucks; •accurately estimate the demand for our products and services: •enhance our service capabilities to meet customer needs; •expand and deploy our fueling network; •increase our sales and marketing activities; •expand our design, development, maintenance and repair capabilities; •attract, retain and motivate talented employees; •improve and maintain our operating efficiency; •navigate an evolving and complex regulatory environment; and •manage our growth effectively. If we fail to address any or all of these risks and challenges, our business, results of operations and financial condition could be adversely affected. We have a limited operating history on which investors can base an evaluation of our business, results of operations and prospects. It is difficult to predict our future revenue and appropriately budget for our expenses, and we have limited insight into trends that may emerge and affect our business. If actual results differ from our estimates, or if we adjust our estimates in future periods, our results of operations and financial position could be materially affected. The projected financial information appearing elsewhere in this proxy statement/prospectus has been prepared by management and reflects current estimates of future performance. The projected results depend on the successful implementation of management’s growth strategies and are based on assumptions and events over which we have only partial or no control. The assumptions underlying such projected information require the exercise of judgment, and may not even occur. As such, the projections are subject to uncertainties due to the effects of economic, business, competitive, regulatory, legislative, and political or other changes. 36 Our business model has yet to be fully tested. Any failure to implement our strategic plans could have a material adverse effect on our business, harm our reputation and result in substantial liabilities that exceed