Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 188

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 188
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, 2024. In the event that the Company does not complete an initial business combination by May8, 2025 (unless extended by Finnovate’s shareholders, or such earlier time as the Finnovate Board determines), the Sponsor Parties may lose their entire investment in Finnovate. •Finnovate’s Sponsor Parties are entitled to reimbursement of out -of-pocketexpenses incurred by them in connection with certain activities on Finnovate’s behalf, such as identifying and investigating possible business targets and business combinations. However, if Finnovate fails to consummate a business combination within the required time period under its organizational documents, these persons will not have any claim against the Trust Account for reimbursement. Accordingly, Finnovate may not be able to reimburse these expenses if the Business Combination with Scage International or another business combination is not completed by May8, 2025 (unless extended by Finnovate’s shareholders, or such earlier time as the Finnovate Board determines). •Finnovate’s existing directors and officers will be eligible for continued indemnification and continued coverage under Finnovate’s directors’ and officers’ liability insurance after the Business Combination and pursuant to the Business Combination Agreement. •The anticipated election of Mr.Calvin Kung, Chairman and CEO of Finnovate as a director of PubCo after the consummation of the Business Combination. As such, in the future, Mr.Kung will receive any cash fees, stock options or stock awards that the PubCo Board determines to pay to its directors. •The fact that the following individuals have a material interest in the Sponsor, which, prior to January3, 2025, represent indirect interests in the following securities:

| Name of Person                                                   |     | Founder 
  Shares |     |   Private 
  Warrants |
| Jemapellehelene Holding Limited (beneficially owned by Nan Shen) |     | 497,452 |     | 1,503,723 |

The Sponsor is controlled by its general partner, Sunorange Limited, and Mr. Kung and Mr. Wong serve as the sole directors of Sunorange Limited. On January3, 2025, the Sponsor consummated a distribution of its assets in accordance with its governing documents, which included the distribution of 4,237,499 Finnovate Class A Ordinary Shares, 1 Finnovate Class B Ordinary Share and 8,243,038 Finnovate Private Warrants then held by the Sponsor to its constituent members (the “S