Scage Future plans to change its American Depositary Shares (ADS) ratio from 1 ADS per ordinary share to 1 ADS per 15 ordinary shares, effective around October 30, 2026. This change acts as a one-for-fifteen reverse ADS split, consolidating every 15 ADSs into one new ADS automatically, with no action required from holders. The ADS trading price is expected to increase proportionally, though the company does not guarantee it will be exactly 15 times higher. This adjustment will not affect the total number of ordinary shares or the company's underlying equity, and trading will continue under the same ticker symbol on Nasdaq.
Scage Future's plan to change its ADS ratio is noted here with Pluang's Industrials sector data for context. For readers following Industrials, here is Pluang's market snapshot as of Oct 07, 2026 04:42 WIB: out of 93 priced US stocks, 60 rose and 32 fell. Notable movers include FTAI Aviation Ltd at USD 179.17 (+8.79%), BWX Technologies at USD 146.34 (+8.12%), and Planet Labs at USD 18.65 (+7.43%).
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