Scage Future Announces Effective Date for ADS Ratio Change
Scage Future will change its ADS ratio from one ADS per ordinary share to one ADS per fifteen ordinary shares, effective October 27, 2026 — economically equivalent to a one-for-fifteen reverse ADS split. Holders receive one new ADS per fifteen existing ADSs automatically via depositary Citibank; fractional entitlements will be sold and cash distributed, and the CUSIP changes to 80590A204. The underlying ordinary shares are unaffected and the ticker remains SCAG.
Key figures
- New cusip
- 80590A204
- Old cusip
- 80590A105
- Old ads ratio
- 1 ADS : 1 ordinary share
- Effective date
- 2026-10-27
- Reverse split ratio
- 1 ADS : 15 ordinary shares (one-for-fifteen reverse ADS split)
AI analysis
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