Material Agreement - Form 425

Item 1.01 Entry Into A Material Definitive Agreement.

As previously disclosed, on August 21, 2023, Finnovate Acquisition Corp., an exempted company incorporated with limited liability in the Cayman Islands ("Finnovate"), entered into a Business Combination Agreement (as amended on June 18, 2024, the "Business Combination Agreement") with Scage Future, an exempted company incorporated with limited liability in the Cayman Islands ("Pubco"), Hero 1, an exempted company incorporated with limited liability in the Cayman Islands and a wholly-owned subsidiary of Pubco, Hero 2, an exempted company incorporated with limited liability in the Cayman Islands and a wholly-owned subsidiary of Pubco, and Scage International Limited, an exempted company incorporated with limited liability in the Cayman Islands (the "Company").

On October 31, 2024, the parties to the Business Combination Agreement entered into the Second Amendment to Business Combination Agreement (the "Second Amendment"), pursuant to which the parties agreed to extend the Outside Date (as defined in the Business Combination Agreement) from October 31, 2024 to March 31, 2025.

The foregoing description of the Second Amendment is qualified in its entirety by reference to the full text of the Second Amendment, a copy of which is filed as Exhibit 2.1 hereto and is incorporated herein by reference.