SCAG$1.78-15.64%
Scage Future
Sector: Truck & Bus BodiesIndustry: Auto - ManufacturersCountry: CNExchange: Nasdaq
Mkt Cap:$28.05M
Float & O/S:
Inst Own:
DilutionScan read 27 of Scage Future's SEC filings and found 2 warrant series, 6 convertibles and 1 S-1 registration on file for SCAG. The latest dilution event on file is a registration statement on Jan 30, 2026. Analysis updated Oct 27, 2026.
Signal8 Summary
SCAG
Zero revenue, multiple Nasdaq delisting notices
Snapshot
Scage makes electric heavy trucks in China but reported $0 revenue in FY 2024 after $6.1M the year before. It lost $215K that year, holds just $91K in cash against $15M in debt, and burns cash from operations.
What's Happening Right Now
- : Scage received two Nasdaq notices for falling below minimum market value thresholds, stacking on top of two earlier bid-price and audit-committee deficiencies, giving it until Feb 2027 to cure.
- : Director Ziqian Guan resigned from the board effective August 21, 2026, citing personal reasons unrelated to any company dispute.
- : Scage filed an S-8 to register 15 million shares, about 20.66% of issued capital, for its new 2026 equity incentive plan.
- : Scage invoked home-country exemption rules to skip a Nasdaq shareholder-approval requirement, to be disclosed in its upcoming annual report.
- : Registered 57.37M shares for sale on Form S-1.
- : Issued warrants over 21.73M shares across 2 series.
- : Issued $2.52M of convertible notes across 2 instruments.
