Articles from Scage Future

BEIJING, June 27, 2025 (GLOBE NEWSWIRE) -- Scage International Limited (“Scage International” or the “Company”), a zero-emission solution provider of new energy heavy-duty commercial vehicles and e-fuel solutions, and Finnovate Acquisition Corp (“Finnovate”) (OTC: FNVTF), a special purpose acquisition company, today announced the completion of their previously announced business combination (the “Business Combination”). The American depositary shares (“ADSs”) of the combined company, Scage Future, will commence trading on the Nasdaq Stock Market (“Nasdaq”) under the ticker symbol “SCAG” on June 30, 2025. The Business Combination was approved by Finnovate’s shareholders at an extraordinary general meeting of shareholders, and all remaining closing conditions of the Business Combination were satisfied or waived among the parties.