Welcome to our dedicated page for Scage Future SEC filings (Ticker: SCAG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Scage Future (SCAG) regulatory filings as a foreign issuer under the Securities Exchange Act of 1934. Scage Future is described as a zero-emission solution provider in China that focuses on heavy-duty new energy vehicle ("NEV") trucks, e-fuel solutions and the sale of commercial NEVs and components. Its filings with the U.S. Securities and Exchange Commission offer structured insight into this business focus and into corporate governance matters.
Scage Future indicates that it reports on Form 20-F for annual disclosure purposes and uses Form 6-K for current reports. One Form 6-K filing describes the resignation of the then-chief financial officer, Yu Xiang, for personal reasons and the simultaneous appointment of Jie Xiang as the new CFO, noting that the resignation did not arise from any disagreement with the company on operations, policies or practices. Disclosures of this type help investors understand changes in senior financial leadership and the role of the board of directors in filling key positions.
On this page, users can review Scage Future’s SEC submissions, including current reports like Form 6-K and, where available, annual reports on Form 20-F. AI-powered tools summarize lengthy documents, highlight important sections and clarify technical language, making it easier to interpret information about the company’s heavy-duty NEV and e-fuel activities, risk factors and governance structure.
In addition to narrative sections, these filings may contain details on revenue sources from commercial NEVs and components, organizational structure and other disclosures required of a Cayman Islands company that accesses U.S. capital markets as a foreign private issuer. Real-time updates from EDGAR ensure that new Scage Future filings appear promptly, while AI-generated insights help readers focus on the most relevant points.
Scage Future has filed a Form F-1 to register up to 35,638,795 Ordinary Shares represented by ADSs and 8,800,000 Private Warrants for resale by existing securityholders, plus up to 21,734,165 Ordinary Shares issuable upon exercise of Private and Public Warrants at $11.50 per share. The company will not receive proceeds from the resale, but would receive cash if warrants are exercised. Scage Future develops heavy-duty new energy trucks and e-fuel solutions in China and reported net revenues of $11.1 million and a net loss of $13.1 million for the year ended June 30, 2025, with its auditors expressing substantial doubt about its ability to continue as a going concern. The filing highlights missed installments on a $1,009,375 promissory note, triggering default interest and potential collection and enforcement actions, as well as extensive regulatory, data security, capital controls and HFCAA-related risks tied to operating through PRC subsidiaries.
Scage Future (SCAG) filed its Form 20-F, outlining early-stage operations in heavy-duty new energy vehicles and hydrogen solutions. The company reported net losses of $13.1 million, $6.0 million, and $6.6 million for the years ended June 30, 2025, 2024, and 2023, respectively, alongside revenues of $11.1 million, $6.1 million, and $0.4 million. Auditors included an explanatory paragraph citing substantial doubt about the company’s ability to continue as a going concern.
Scage partners with XCMG and C&C Trucks for manufacturing and plans to build hydrogen fueling stations, acknowledging execution, permitting, and supply risks. The company highlights limited customers and orders, potential production and delivery delays, cost pressures, and competition in zero‑emission transport. It also disclosed two material weaknesses in internal control over financial reporting.
ADSs and warrants trade on Nasdaq as SCAG and SCAGW; each warrant is exercisable at $11.50 per share. Shares outstanding were 72,243,992 as of June 30, 2025, and 72,609,665 as of November 12, 2025; warrants outstanding were 21,734,165 on both dates.
Scage Future reported a change in its senior leadership team. On September 15, 2025, chief financial officer Yu Xiang resigned from her position, effective the same day. The company states that her resignation was for personal reasons and that it did not involve any disagreement regarding the company’s operations, policies, or practices.
To maintain continuity in its finance function, the board of directors appointed Jie Xiang as the new chief financial officer on the same date, filling the vacancy created by the resignation.