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Scage Future (SCAG) Stock Price, News & Analysis

SCAG NASDAQ
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Price Move History

Daily moves over 5%
106 251 sessions, September 12, 2025 to September 14, 2026
Largest daily move
+194.6% close of June 5, 2026
1-year change
-93.3% closing prices, September 12, 2025 to September 14, 2026

Company Description

Scage Future (ticker symbol SCAG) is described as a zero-emission solution provider in China, with a focus on the development and commercialization of heavy-duty new energy vehicle ("NEV") trucks and e-fuel solutions. According to available information, the company generates revenues principally from the sales of commercial NEVs and related components. Its product line is stated to include models referred to as Dragon King, Galaxy II and Q-truck.

Scage Future is identified as a Cayman Islands company, with principal executive offices located in Nanjing City, Jiangsu Province, in the People’s Republic of China. The company files reports with the U.S. Securities and Exchange Commission as a foreign private issuer, as indicated by its use of Form 20-F for annual reporting eligibility and the submission of current reports on Form 6-K under the Securities Exchange Act of 1934.

Business focus

Based on the description provided, Scage Future’s activities center on heavy-duty commercial vehicles that use new energy technologies, together with e-fuel related solutions. The emphasis on zero-emission solutions and heavy-duty NEV trucks suggests the company is positioned in the broader new energy and commercial vehicle space, with revenue tied to vehicle and component sales rather than to financial or purely digital services.

Corporate structure and regulatory context

Scage Future is incorporated in the Cayman Islands and operates with principal offices in Nanjing City, Jiangsu Province. As a foreign issuer under the U.S. securities regulatory framework, it submits reports such as Form 6-K to provide updates on significant corporate events. One such filing describes changes in the company’s finance leadership, reflecting ongoing corporate governance and reporting responsibilities.

Management and governance updates

In a Form 6-K current report, Scage Future reported a change in its chief financial officer (CFO). The filing states that the then-CFO, Yu Xiang, notified the company of her resignation from the CFO position, effective on the date of notification, and that the resignation was due to personal reasons and not the result of any disagreement with the company on matters related to operations, policies, or practices. The same filing notes that, on the same date, the board of directors approved and appointed Jie Xiang to serve as the company’s CFO to fill the resulting vacancy.

This type of disclosure illustrates how Scage Future communicates material changes in its senior financial leadership to investors and regulators through SEC filings. It also highlights the role of the board of directors in appointing key officers and maintaining continuity in financial oversight.

Products and revenue sources

The company’s product line is described as including heavy-duty NEV trucks identified as Dragon King, Galaxy II and Q-truck. Revenues are stated to come principally from the sale of commercial NEVs and components, indicating that its primary business activity is the sale of vehicles and related parts rather than ancillary services. The reference to e-fuel solutions suggests that, alongside vehicles, Scage Future is involved in technologies or offerings related to alternative fuels, though specific details beyond this description are not provided in the available information.

Regulatory filings and investor information

As a foreign private issuer that uses Form 20-F and files Form 6-K reports, Scage Future provides periodic and current information to investors through the SEC’s EDGAR system. The 6-K filing describing the CFO transition is an example of how the company reports significant events that may be relevant to shareholders, such as changes in key management positions.

Investors and analysts examining Scage Future typically look at these filings to understand the company’s governance, risk disclosures and operational updates, in addition to the high-level description of its focus on heavy-duty NEV trucks, e-fuel solutions and related component sales.

Company status

Based on the available Form 6-K filing, Scage Future continues to report as a foreign issuer under the Securities Exchange Act of 1934. There is no explicit indication in the provided information of delisting, deregistration, bankruptcy, merger or acquisition. Any assessment of trading status or additional corporate developments would require reference to further filings or disclosures beyond the information summarized here.

Stock Performance

$0.2200
-0.00%
0.00
Last updated: September 15, 2026 at 12:26
-93.3%
Performance 1 year
$16.0M

Scage Future (SCAG) closed at $0.2200 on September 14, 2026. Over the past 12 months, the price has lost 93.3%.

See what a $1,000 investment in SCAG would be worth today

SCAG Metrics & Rankings

Price returns through September 14, 2026. Month-to-date and YTD include the first trading day. Ranking links may use different dates.

Latest News

Scage Future has 2 recent news articles. Of the recent coverage, 1 article coincided with positive price movement and 1 with negative movement. View all SCAG news →

SEC Filings

Scage Future has filed 5 recent SEC filings, including 5 Form 6-K. The most recent filing was submitted on September 2, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SCAG SEC filings →

Financial Highlights

Scage Future generated $11.1M in revenue in FY2025, retaining a -6.4% gross margin, operating income reached -$13.4M (-120.6% operating margin), and net income was -$12.9M, reflecting a -116.4% net profit margin. Diluted earnings per share stood at -$0.18. The company generated -$5.9M in operating cash flow. With a current ratio of 0.20, short-term liquidity bears monitoring.

$11.1M
Revenue (FY2025)
-$12.9M
Net Income (FY2025)
-$5.9M
Operating Cash Flow

Upcoming Events

FEB
23
February 23, 2027 Regulatory

Nasdaq compliance deadline

Deadline for Scage to regain MVLS ≥ $50M and MVPHS ≥ $15M for ≥10 consecutive business days or face possible delisting or transfer.

Scage Future has 1 upcoming scheduled event. The next event, "Nasdaq compliance deadline", is scheduled for February 23, 2027 (in 160 days). Investors can track these dates to stay informed about potential catalysts that may affect the SCAG stock price.

Short Interest History

Last 12 Months

Short interest in Scage Future (SCAG) currently stands at 214.2 thousand shares, down 18.1% from the previous reporting period, representing 1.0% of the float. Since September 2025, short interest has increased by 2219.3%. This relatively low short interest suggests limited bearish sentiment.

Days to Cover History

Last 12 Months

Days to cover for Scage Future (SCAG) currently stands at 1.0 days, down 40.1% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The ratio has shown significant volatility over the period, ranging from 1.0 to 7.8 days.

SCAG Company Profile & Sector Positioning

Scage Future (SCAG) operates in the Farm & Heavy Construction Machinery industry within the broader Industrials sector and is listed on the NASDAQ.

Frequently Asked Questions

What is the current stock price of Scage Future (SCAG)?

The current stock price of Scage Future (SCAG) is $0.2200 as of September 15, 2026.

What is the market cap of Scage Future (SCAG)?

The market cap of Scage Future (SCAG) is approximately $16.0M. Learn more about what market capitalization means .

What is the revenue of Scage Future (SCAG) stock?

The FY2025 revenue of Scage Future (SCAG) is $11.1M, from its most recent completed fiscal year.

What is the net income of Scage Future (SCAG)?

The FY2025 net income of Scage Future (SCAG) is -$12.9M, from its most recent completed fiscal year.

What is the earnings per share (EPS) of Scage Future (SCAG)?

The diluted earnings per share (EPS) of Scage Future (SCAG) is -$0.18 for FY2025, its most recent completed fiscal year. Learn more about EPS .

What is the operating cash flow of Scage Future (SCAG)?

The operating cash flow of Scage Future (SCAG) is -$5.9M. Learn about cash flow.

What is the profit margin of Scage Future (SCAG)?

The net profit margin of Scage Future (SCAG) is -116.4%. Learn about profit margins.

What is the operating margin of Scage Future (SCAG)?

The operating profit margin of Scage Future (SCAG) is -120.6%. Learn about operating margins.

What is the gross margin of Scage Future (SCAG)?

The gross profit margin of Scage Future (SCAG) is -6.4%. Learn about gross margins.

What is the current ratio of Scage Future (SCAG)?

The current ratio of Scage Future (SCAG) is 0.20, indicating the company's ability to pay short-term obligations. Learn about liquidity ratios.

What is the gross profit of Scage Future (SCAG)?

The gross profit of Scage Future (SCAG) is -$713K for FY2025, its most recent completed fiscal year.

What is the operating income of Scage Future (SCAG)?

The operating income of Scage Future (SCAG) is -$13.4M. Learn about operating income.

What does Scage Future (SCAG) do?

According to available information, Scage Future is a zero-emission solution provider in China that focuses on the development and commercialization of heavy-duty new energy vehicle ("NEV") trucks and e-fuel solutions. It generates revenues principally from sales of commercial NEVs and components.

Where is Scage Future based?

Scage Future is a Cayman Islands company with principal executive offices located in Nanjing City, Jiangsu Province, in the People’s Republic of China, as disclosed in its Form 6-K filing.

How does Scage Future generate revenue?

The company states that it generates revenues principally from the sales of commercial new energy vehicles and related components. This includes heavy-duty NEV trucks and associated parts.

What products does Scage Future offer?

The company’s product line is described as including heavy-duty NEV trucks referred to as Dragon King, Galaxy II and Q-truck. These are part of its commercial vehicle offerings.

What regulatory filings does Scage Future submit in the United States?

Scage Future files as a foreign issuer under the Securities Exchange Act of 1934. It indicates eligibility to report on Form 20-F and has submitted current reports on Form 6-K to disclose significant corporate events.

What recent management change did Scage Future disclose?

In a Form 6-K current report, Scage Future disclosed that its then-chief financial officer, Yu Xiang, resigned for personal reasons and that the board of directors appointed Jie Xiang as the new CFO on the same date. The filing states that the resignation was not due to any disagreement with the company on operations, policies, or practices.

Is there any indication that Scage Future has been delisted or deregistered?

In the provided information, Scage Future is shown filing a Form 6-K under the Securities Exchange Act of 1934, which indicates ongoing reporting as a foreign issuer. There is no explicit mention in the supplied data of delisting, deregistration, bankruptcy, merger or acquisition.

What is the significance of Scage Future’s Form 6-K filing?

The Form 6-K filing serves to inform investors and regulators about a material event: the resignation of the existing chief financial officer and the appointment of a new CFO. It illustrates how Scage Future communicates important changes in senior financial leadership.