Scage Future Plans ADS Ratio Change
Scage Future has announced plans to implement a change in its ADS ratio.
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Scage Future to conduct 1-for-15 reverse ADS split
Scage Future plans to change its ADS-to-ordinary share ratio to 1 ADS for 15 ordinary shares from 1-for-1, functioning like a 1-for-15 reverse ADS split. The move is expected to take effect on or about Oct. 30, 2026. Ordinary shares outstanding remain unchanged.
Press Release: Scage Future Announces Plan to Implement ADS Ratio Change
NANJING, China, Oct. 6, 2026 // -- Scage Future ("Scage Future" or the "Company") (Nasdaq: SCAG), a zero-emission solution provider of new energy heavy-duty commercial vehicles and e-fuel solutions, today announced that it plans to change the ratio of its American Depositary Shares ("ADSs") to its ordinary shares (the