Scage Future will implement a reverse split of its American Depositary Shares (ADS) at a ratio of one new ADS for every fifteen existing ADSs, effective October 27, 2026. This change adjusts the ADS ratio from 1:1 to 1:15 ordinary shares per ADS, effectively consolidating shares without affecting the total number of ordinary shares. The ADSs will continue trading on Nasdaq under the symbol SCAG, with a new CUSIP number assigned. Investors will not need to take action, and fractional shares will be sold with proceeds distributed to holders. The trading price per ADS is expected to rise proportionally, though no guarantee is given.
Scage Future's ADS ratio change is noted here with Pluang's Industrials sector market data as of Oct 23, 2026 05:02 WIB. Of 135 priced Industrials stocks tradable on Pluang, 65 rose and 70 fell today. Notable movers include Badger Meter Inc (BMI) at USD 149.05 with a 1-day change of +12.74%, nVent Electric (NVT) at USD 128.01 down 12.40%, and Powell Industries (POWL) at USD 150.51 down 11.63%.
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