Singularity Future Tech Stock Price, News & Analysis

Singularity Future Technology Ltd. (Nasdaq: SGLY) is a global logistics integrated solution provider founded in the United States in 2001. According to the company’s public disclosures, it has its roots as a global logistics and ship management services company and focuses on freight logistics services for industrial and commercial clients. Its common stock is listed on The Nasdaq Stock Market under the symbol SGLY, and the company is incorporated in Virginia.

The company states that it primarily focuses on providing freight logistics services, which mainly include shipping, warehouse, resources, equipment, and other logistical support. In its more recent description, Singularity notes that these services are directed to steel companies and e-commerce businesses. Earlier company communications also describe a broader logistics business serving shipping logistics and agency needs as a full-service provider, reflecting its background in global logistics and ship management.

Business evolution and blockchain-related activities

On January 3, 2022, the company changed its name from Sino-Global Shipping America, Ltd. to Singularity Future Technology Ltd. In connection with this change, Singularity disclosed that, since 2020, it has worked to capitalize on its experience in global logistics management to develop a presence in the blockchain supply management area. The company has described plans to focus on solutions for globally interconnected networks and to establish crypto mining pools, while building on its existing logistics and ship management business.

In multiple press releases, Singularity states that it is a logistics integrated solution provider primarily focused on providing logistics, resources, equipment and other logistical support to blockchain and crypto mining businesses. It also reports that it distributes, sells and markets crypto mining machines through a Thor Miner joint venture and maintains a warehouse providing inventory control and management services in Houston, Texas. These disclosures indicate that, alongside freight logistics services, Singularity has pursued activities related to the sale and distribution of crypto-mining equipment and associated logistical services.

Corporate history and geographic footprint

The company reports that it was founded in 2001 in New York as a global logistics and ship management services company. It has disclosed subsidiaries in New York, Houston, Montreal, Hong Kong, Shanghai, and Ningbo, China. These locations reflect the company’s efforts to support customers engaged in international shipping and logistics, and to provide shipping logistics and agency services as a full-service provider. In more recent descriptions, Singularity emphasizes its role as a global logistics integrated solution provider with a particular focus on freight logistics services for steel and e-commerce clients.

Capital markets activity and Nasdaq listing context

Singularity’s common stock trades on The Nasdaq Stock Market under the symbol SGLY. The company has reported several capital markets transactions and listing-related developments. In January 2024, Singularity announced a 1-for-10 reverse stock split of its common stock, effective February 9, 2024, with trading on a split-adjusted basis beginning February 12, 2024. The company stated that the reverse split was intended to increase the per share trading price of its common stock to satisfy the $1.00 minimum bid price requirement for continued listing on Nasdaq.

The company has also disclosed interactions with Nasdaq regarding listing compliance. In 2022 and 2023, Singularity reported receiving Nasdaq notices related to delayed periodic filings and potential delisting, as well as subsequent determinations and grace periods to regain compliance. In March 2023, Singularity announced that Nasdaq confirmed the company had regained compliance with Nasdaq Listing Rule 5250(c)(1) concerning timely filing of required periodic financial reports.

In a Form 8-K dated November 24, 2025, Singularity reported receiving a Nasdaq staff determination notice on November 19, 2025, indicating that its common stock failed to comply with the $1 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days. The notice provided an initial 180-day compliance period, through May 18, 2026, for the company to regain compliance by having its closing bid price meet or exceed $1.00 per share for at least ten consecutive business days. The company stated that it intends to monitor the closing bid price and may consider available options, including a reverse stock split if appropriate, to address the requirement.

Singularity has also reported several equity financing transactions. In January 2025, the company announced that it entered into securities purchase agreements with institutional investors for a registered direct offering of common stock pursuant to an effective shelf registration statement on Form S-3. The company estimated gross proceeds of approximately $1.1 million before fees and expenses. In June 2025, Singularity disclosed that it entered into a securities purchase agreement with investors for a private placement of units consisting of common stock and warrants to certain non-U.S. persons under Regulation S, subject to shareholder approval and other conditions. In October 2025, the company reported another private placement of common stock to non-U.S. persons under Regulation S, with stated use of proceeds for working capital and general corporate purposes.

Legal and governance disclosures

Singularity has reported legal and regulatory matters in its SEC filings. In a June 2025 Form 8-K, the company described a putative securities class action, Crivellaro v. Singularity Future Technology Ltd., filed in the United States District Court for the Eastern District of New York, alleging violations of federal securities laws related to alleged false or misleading disclosures. The company reported that a motion to dismiss was partially denied in December 2024 and that, in May 2025, it executed a binding term sheet with lead plaintiffs setting forth material terms of a proposed class-wide settlement, including a combination of cash and freely tradeable shares, subject to court approval.

In November 2022, Singularity disclosed that it had received subpoenas from the United States Attorney’s Office for the Southern District of New York and the U.S. Securities and Exchange Commission, and that a special committee of the board of directors was investigating claims raised by a third-party research report and related matters. The company stated that it was complying with the subpoenas and cooperating with the governmental entities.

The company’s proxy and current reports also describe governance developments, including shareholder meetings, equity incentive plan approvals, and changes in board composition. For example, in July 2025, Singularity reported shareholder approval of an equity incentive plan and advisory approval of executive compensation. In October and November 2025, the company filed 8-K reports detailing the appointment and subsequent resignation of independent directors, along with related compensation arrangements.

Name change and strategic focus

Singularity has emphasized in multiple disclosures that, since 2020, it has sought to develop a presence in blockchain supply management while building on its long-standing logistics and ship management operations. The January 2022 name change from Sino-Global Shipping America, Ltd. to Singularity Future Technology Ltd. reflects this shift in branding and stated strategic focus. At the same time, more recent company descriptions highlight its role as a global logistics integrated solution provider, with primary emphasis on freight logistics services and logistical support for steel companies, e-commerce businesses, and blockchain and crypto mining clients.

Investors reviewing SGLY can reference the company’s SEC filings, including Forms 10-K, 10-Q, 8-K and proxy statements, for detailed information on its operations, risk factors, legal proceedings, capital structure, and governance matters. These filings provide the most authoritative view of Singularity Future Technology Ltd.’s business activities and corporate developments over time.