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Scage Future announces 1-for-15 reverse ADS ratio change
Seeking Alpha ·
Seeking Alpha reports: Scage Future announced plans to change the ratio of its American Depositary Shares (ADSs) to ordinary shares from 1:1 to 1:15. The ADS ratio change functions identically to a 1-for-15 reverse ADS split and is expected to take effect on or about October 30, 2026. ADS holders as of the effective date will automatically receive one new ADS for every 15 existing ADSs held. The ratio adjustment applies solely to the ADSs and has no impact on Scage Future's underlying…