Scage Future plans 1-for-15 reverse ADS split via ratio change effective Oct. 30, 2026
Bitget2026/10/06 23:56Scage Future plans to change its ADS-to-ordinary share ratio to 1 ADS for 15 ordinary shares from 1-for-1. Move is expected to take effect on or about Oct. 30, 2026, functioning like a 1-for-15 reverse ADS split. ADS price is expected to rise proportionally, with no assurance it will reach 15 times the pre-change level. Ordinary shares outstanding remain unchanged; ADSs continue trading on Nasdaq under SCAG. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scage Future published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610061955PR_NEWS_USPR_____HK65590) on October 06, 2026, and is solely responsible for the information contained therein.
- Scage Future plans to change its ADS-to-ordinary share ratio to 1 ADS for 15 ordinary shares from 1-for-1.
- Move is expected to take effect on or about Oct. 30, 2026, functioning like a 1-for-15 reverse ADS split.
- ADS price is expected to rise proportionally, with no assurance it will reach 15 times the pre-change level.
- Ordinary shares outstanding remain unchanged; ADSs continue trading on Nasdaq under SCAG.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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