• Scage Future will implement a one-for-fifteen reverse ADS split effective October 27, 2026.
• The ADS ratio will change from one ADS per ordinary share to one ADS per 15 ordinary shares.
• Underlying ordinary shares will 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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scage Future published the original content used to generate this news brief via PR Newswire (Ref. ID: 202610222005PR_NEWS_USPR_____HK79027) on October 23, 2026, and is solely responsible for the information contained therein.