Scage International Limited and Finnovate Acquisition Corp announced the completion of their business combination, leading to the formation of Scage Future. The ADSs of the combined entity will be listed on the Nasdaq under the ticker symbol 'SCAG' starting June 30, 2025. Chao Gao, the Founder and CEO of Scage, expressed gratitude for the partnership that will facilitate the acceleration of next-generation hybrid, battery-electric, and hydrogen-fuel-cell trucks, alongside e-fuel technologies. The transaction's approval by Finnovate's shareholders enables Scage Future to scale its operations and investments in hydrogen infrastructure, aiming to extend its global presence across various continents and eventually enter the North American market. The collaboration also focuses on increasing production capacity and delivering zero-emission solutions to customers. Finnovate's CEO, Calvin Kung, highlighted the efforts of advisors in successfully closing the deal. Scage is recognized as a leading provider of zero-emission solutions in China, focusing on advanced heavy-duty NEV trucks and innovative e-fuel systems. With strategic partnerships and a commitment to sustainability, Scage aims to revolutionize the commercial transportation sector. Finnovate Acquisition Corp, as a blank check company, seeks business acquisitions to drive growth and value creation. The forward-looking statements in the announcement present a positive outlook on Scage's future performance, emphasizing revenue projections, market opportunities, and growth strategies. Both companies remain optimistic about the potential for long-term value creation and sustainable practices in the heavy commercial transport industry.