Scage Future Announces ADS Ratio Change

Scage Future has announced a change to its American Depositary Shares (ADS) ratio, implementing a 1-for-15 reverse split, effective October 27, 2026. This adjustment aims to help the company comply with Nasdaq's minimum bid price requirements for continued listing. No fractional ADSs will be issued; instead, fractional interests will be sold, with net cash proceeds distributed to affected holders. The underlying ordinary shares and the company's overall market capitalization remain unchanged.