Scage Future

Scage Future received a Nasdaq deficiency notice on June 11, 2026, for failing to maintain a minimum bid price of $1.00 per share over the last 30 consecutive business days. The company has 180 calendar days, 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 Mr. Calvin Kung resigned on April 8, 2026, due to unresolved disagreements related to the company's operations, and a successor has not yet been appointed.

Scage Future announced the resignation of Mr. Calvin Kung, an independent director, effective April 8, 2026. Mr. Kung's departure was due to unresolved disagreements with the company regarding its operations. The company has not yet appointed a successor to fill the vacant independent director position.