Scage Future sets 1-for-15 reverse ADS split for Oct. 27
SCAG•Scage Future will implement a 1-for-15 reverse ADS split effective October 27, 2026, changing the ADS ratio to one ADS per 15 ordinary shares.
SCAG•Scage Future will implement a 1-for-15 reverse ADS split effective October 27, 2026, changing the ADS ratio to one ADS per 15 ordinary shares.
The ADS ratio will change from one ADS per ordinary share to one ADS per 15 ordinary shares, while the underlying ordinary shares remain unchanged. ADSs will continue trading on the Nasdaq Global Market under SCAG. Fractional ADS entitlements will be sold, with net proceeds distributed to affected holders.