Scage Future (SCAG) elects Nasdaq home country exemption on shareholder approval rule

Rhea-AI Filing Summary

Scage Future filed a Form 6-K to explain a corporate governance choice it plans to describe in its next Form 20-F for the fiscal year ending June 30, 2026. The company, a Cayman Islands exempted company listed on Nasdaq, has elected to rely on a home country rule exemption under Nasdaq Listing Rule 5615.

Under this approach, Scage Future will follow its home country rules instead of Nasdaq’s requirement to obtain shareholder approval under Nasdaq Listing Rule 5635(d). This filing is primarily informational and outlines how the company will handle this specific governance requirement going forward.

Insights

Corporate governance specialist

Scage Future opts for a Nasdaq home country exemption on one shareholder approval rule.

Scage Future states that it will follow Cayman Islands home country rules instead of Nasdaq’s shareholder approval requirement in Listing Rule 5635(d), using the exemption available in Nasdaq Listing Rule 5615. This is a structural governance decision rather than an operational or financial change.

The disclosure indicates the company will describe this choice in its Form 20-F for the fiscal year ending June 30, 2026. The practical impact depends on how often the specific shareholder approval requirement in Listing Rule 5635(d) would otherwise have applied.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of March 2026

Commission File Number: 001-42632

Scage Future

2F, Building 6, No. 6 Fengxin Road,

Yuhuatai District, Nanjing City

Jiangsu Province, 210012

People’s Republic of China

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒         Form 40-F ☐

Explanatory Note 

This report of foreign private issuer on Form 6-K is being filed to provide the home country rule exemption disclosure to be included in the next Form 20-F of Scage Future, a Cayman Islands exempted company (the “Company”), for the fiscal year ending June 30, 2026.

Corporate Governance

Pursuant to the home country rule exemption set forth under Nasdaq Listing Rule 5615, the Company has elected to follow the Company’s home country rules for exemption from the requirements to obtain shareholder approval under Nasdaq Listing Rule 5635(d).

1

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Scage Future
Date: March 13, 2026	By:	/s/ Chao Gao
	Name:	Chao Gao
	Title:	Chairman and Chief Executive Officer

2

FAQ

What did Scage Future (SCAG) disclose in this Form 6-K?

Scage Future disclosed that it has elected to use a Nasdaq home country rule exemption. It will follow its home country rules instead of Nasdaq Listing Rule 5635(d), and plans to include this governance disclosure in its Form 20-F for the year ending June 30, 2026.

Which Nasdaq rules does Scage Future (SCAG) reference in this filing?

Scage Future references Nasdaq Listing Rule 5615 and Listing Rule 5635(d). Rule 5615 allows foreign issuers to follow home country practices, and the company is using this to be exempt from Nasdaq’s shareholder approval requirement in Rule 5635(d) for certain corporate actions.

How will this governance choice appear in Scage Future’s (SCAG) future reports?

Scage Future states that the home country rule exemption disclosure will be included in its next Form 20-F. That Form 20-F will cover the fiscal year ending June 30, 2026, giving investors formal annual-report context for this governance approach.

Does Scage Future’s (SCAG) Form 6-K announce any financial results or transactions?

The Form 6-K does not present financial results or major transactions. It focuses on a corporate governance decision, specifically the election to follow home country rules instead of Nasdaq Listing Rule 5635(d), and indicates this will be described in the upcoming Form 20-F.

What is the purpose of Scage Future (SCAG) using a home country rule exemption?

The company is using a home country rule exemption so it can follow its home country’s corporate governance rules. This choice exempts Scage Future from Nasdaq Listing Rule 5635(d)’s shareholder approval requirement, under the flexibility provided by Nasdaq Listing Rule 5615 for foreign private issuers.