SCAGE FUTURE SP. ADR

Scage Future received a notice from NASDAQ after its ADS closed below $1.00 for 30 consecutive trading days. The share currently trades at $0.38, down 96% year-to-date and 86% over six months. The company has 180 days to restore a closing bid of at least $1.00 for ten consecutive trading days or consider actions such as a reverse share split; trading remains unchanged for now. An analysis assesses the company’s financial position as weak and considers the stock overvalued even at its current level. » Más en de.investing.com

Scage Future received a deficiency notice from NASDAQ because its American Depositary Shares closed below the $1.00 minimum for 30 consecutive trading days. The company has until December 8, 2026 to regain compliance, for example by achieving ten consecutive trading days with closing prices of at least $1.00; otherwise it faces delisting or a possible extension of the deadline with an opportunity to appeal. In addition, independent director Calvin Kung announced his resignation effective April 8, 2026 due to unresolved disagreements; no successor has been named. » Más en de.investing.com