Company: SCAG
Filing Date: 2025-07-03
Form Type: 20-F
Source: 0001213900-25-061408
Chunk: 60

Company: Scage Future
Filing Date: 2025-07-03
Form: 20-F
Item: Item 4
Chunk 60
---
”) entered into the Assignment, Assumption and Amendment to Warrant Agreement (the “Warrant Amendment”), which amends that certain Warrant Agreement, dated as of November 8, 2021, relating to the Finnovate warrants (the “Warrant Agreement”), filed with the SEC on November 8, 2021. Pursuant to the Warrant Amendment, among others, PubCo will assume the obligations of Finnovate under the Warrant Agreement.
Amendment to the Registration Rights Agreement
 
On the Closing Date, we entered into an amendment to the Founder Registration Rights Agreement (the “Amendment to the Registration Rights Agreement”), dated November 8, 2021 by and among Finnovate, Sponsor and the holders named therein, with Finnovate, Scage International and the Sponsor. Pursuant to the Amendment to the Registration Rights Agreement, we have agreed, among others, file a registration statement in respect of all Registrable Securities (as defined therein) requested by the Sponsor and Requesting Holder(s) (as defined therein) pursuant to such Demand Registration (as defined therein), not more than forty five (45) days immediately after our receipt of the Demand Registration, and shall effect the registration thereof as soon as reasonably practicable thereafter.
Seller Registration Rights Agreement
 
On the Closing Date, we entered into a registration rights agreement (the “Seller Registration Rights Agreement”) with certain shareholders, pursuant to which we have agreed, among others, that we shall use our best efforts to, as expeditiously as possible after receipt of a request for a Demand Registration (as defined therein), prepare and file with the SEC a registration statement on any form for which we then qualify or which our counsel shall deem appropriate and which form shall be available for the sale of all Registrable Securities (as defined therein) to be registered thereunder in accordance with the intended method(s) of distribution thereof, and shall use our reasonable efforts to cause such registration statement to become effective and use our reasonable efforts to keep it effective for the period required by the Seller Registration Rights Agreement, subject to certain exceptions.
Promissory Notes
 
On the Closing Date, we issued to promissory notes the EBC in connection with certain fees payable by us pursuant to the Business Combination Agreement. For details, please refer to Exhibits 4.15 and 4.16 to this Report.
 
PIPE
 
Scage International entered into subscription agreements with an investor on August 23, 2024 and October 20, 2024, respectively, and pursuant