SGLY$0.4794+13.93%
Singularity Future Technology Ltd.
Sector: Arrangement of Transportation of Freight & CargoIndustry: Integrated Freight & LogisticsCountry: USExchange: Nasdaq
Mkt Cap:$2.59M
Float & O/S:
Inst Own:
DilutionScan read 17 of Singularity Future Technology Ltd.'s SEC filings and found 6 warrant series, 1 shelf registration and 6 completed offerings on file for SGLY. The latest dilution event on file is an offering on Aug 21, 2026. Analysis updated Oct 8, 2026.
Signal8 Summary
SGLY
Going-concern warning and reverse split
Snapshot
SGLY is a tiny micro-cap in severe distress. Revenue is shrinking fast, falling 42% to $1.8M year-over-year, and the business barely makes a profit on its core services with a gross margin under 3%. The company has burned through its cash reserves entirely and reports a negative cash runway.
What's Happening Right Now
- : Shareholders approved a reverse stock split at a ratio between 1-for-5 and 1-for-14 to maintain the Nasdaq listing, while also increasing authorized shares by 1000-fold to 50 billion.
- : Nasdaq granted the company an additional 180-day period to regain compliance with the $1.00 minimum bid price requirement, extending the deadline to November 16, 2026.
- : The company stated in a periodic report that it has substantial doubt about its ability to continue as a going concern, with cash dropping to roughly $136,000.
