Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 480

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 480
---
 Sponsor, our officers or directors unless we, or a committee of independent and disinterested directors, have obtained an opinion from an independent investment banking firm or an independent accounting firm that our initial business combination is fair to our Company from a financial point of view. Furthermore, no finder’s fees, reimbursements or cash payments will be made by us to the Sponsor, our officers or directors, or our or any of their affiliates, for services rendered to us prior to or in connection with the completion of our initial business combination, other than the following payments, none of which will be made from the proceeds of our initial public offering and the sale of the private warrants held in the Trust Account prior to the completion of our initial business combination: •Repayment of an aggregate of up to $1.6million in extension loans that may be made to us by Sunorange, including the June 2023 Promissory Note, the May 2024 Promissory Note and the November 2024 Promissory note, as well as $1.2million under the November 2023 loan for working capital.; •Payment to the Sponsor of US$3,000 per month for office space, utilities and administrative support services; •Reimbursement for any out -of -pocketexpenses related to identifying, investigating and completing an initial business combination; and •Repayment of loans which may be made by the Sponsor or an affiliate of the Sponsor or certain of our officers and directors to finance transaction costs in connection with an intended initial business combination, the terms of which have not been determined nor have any written agreements been executed with respect thereto. Up to US$1,500,000 of those loans may be converted into warrants, at a price of US$1.00 per warrant at the option of the lender. The above payments may be funded using the net proceeds of our initial public offering and the sale of the private warrants not held in the Trust Account or, upon completion of the initial business combination, from any amounts remaining from the proceeds of the Trust Account released to us in connection therewith. 244

Relationships and Related Party Transactions of Scage International Employment Agreements and Indemnification Agreements See “Management following the Business Combination—Employment Agreements and Indemnification Agreements” for details. Other Related Party Transactions The following table sets forth significant related party transactions of Scage International during the fiscal years ended June 30, 2024 and 2023, respectively.

| Related parties                                 |     |