Scage Future received Nasdaq deficiency notifications on August 27, 2026, for failing to meet the minimum Market Value of Listed Securities (US$50 million) and Market Value of Publicly Held Shares (US$15 million) requirements. The company has an 180-day compliance period ending February 23, 2027, to restore these metrics by maintaining the required values for at least ten consecutive business days. Failure to comply may result in delisting from the Nasdaq Global Market, though the company may appeal or transfer to the Nasdaq Capital Market if it meets those lower standards. This follows prior notifications regarding bid price and audit committee composition. The company's operations remain unaffected by these listing issues.

Scage Future filed this 6-K to provide home country rule exemption disclosures for its fiscal year ending June 30, 2026. Under Nasdaq Listing Rule 5615, the company has elected to follow its home country rules to remain exempt from certain shareholder approval requirements mandated by Nasdaq Listing Rule 5620(a). Scage Future is a Cayman Islands exempted company based in China.

Scage Future reported unaudited financial results for the first half of fiscal year 2026, ending December 31, 2025. Revenue increased 91.3% to US$13.7 million from US$7.1 million in the prior year period, driven by higher sales of NEV batteries and vehicles. The company achieved a gross profit of US$0.2 million (1.4% margin) compared to a gross loss of US$0.7 million in the prior year. Net loss decreased to US$3.7 million, with a basic and diluted loss per share of US$0.05. The company operates in the new energy vehicle (NEV) industry, specializing in the sale of NEV batteries, vehicles, and components.

On June 27, 2026, Chairman and CEO Chao Gao resigned from the Audit Committee for personal reasons. The Board appointed existing independent director Kevin Chen as Audit Committee chairman and Yixian Wang as a committee member. Additionally, director Yuanchi Guo resigned from the Board as an independent director on June 25, 2026, leaving a vacancy that has not yet been filled. Scage Future is a company based in China.

Scage Future received a Nasdaq deficiency notice on June 11, 2026, because its American depositary shares failed to maintain a minimum bid price of $1.00 over 30 consecutive business days. The company has until December 8, 2026, to regain compliance by achieving a closing bid price of at least $1.00 for 10 consecutive business days. Additionally, independent director Calvin Kung resigned on April 8, 2026, citing unresolved disagreements regarding company operations. The company is considering a reverse stock split to address the pricing issue. Scage Future is a technology company based in China.