Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 194

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 194
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 terms of the Business Combination Agreement. In any of such circumstances, it would be at Finnovate’s discretion to grant its consent or waive those rights. The existence of financial and personal interests of one or more of the directors or officers described in the preceding risk factors (and described elsewhere in this proxy statement/prospectus) may result in a conflict of interest on the part of such director(s) or officers(s) between what he, she or they may believe is best for Finnovate and its shareholders and what he, she or they may believe is best for himself, herself or themselves in determining whether or not to take the requested action. Finnovate and Scage International will incur significant transaction and transition costs in connection with the Business Combination. Finnovate and Scage International have both incurred and expect to incur significant, non -recurringcosts in connection with consummating the Business Combination and operating as a public company following the consummation of the Business Combination. Finnovate and Scage International may also incur additional costs to retain key employees. These expenses will reduce the amount of cash available to be used for other corporate purposes by Scage International if the Business Combination is completed or by Finnovate if the Business Combination is not completed. If the Business Combination is not consummated, Finnovate may not have sufficient funds to seek an alternative business combination and may be forced to liquidate and dissolve. Subsequent to the consummation of the Business Combination, PubCo may be exposed to unknown or contingent liabilities and may be required to take write-downs or write-offs , restructuring and impairment or other charges that could have a significant negative effect on its financial condition, results of operations and stock price, which could cause Finnovate shareholders to lose some or all of your investment. Although Finnovate has conducted due diligence on Scage International, Finnovate cannot assure Finnovate Public Shareholders that this diligence revealed all material issues that may be present in Scage International’s businesses, that it would be possible to uncover all material issues through a customary amount of due diligence, or that factors outside of Finnovate’s or Scage International’s control will not later arise. As a result, PubCo may be forced to later write down or write off assets, restructure PubCo’s operations, or incur impairment or other charges that could result in losses. Even if the due diligence successfully identifies certain risks, unexpected risks may arise and previously known risks may materialize in a manner not consistent with Finnovate’s