Congratulations to Scage International Limited (SCAG) on on successfully completing the previously announced business combination. The American depositary shares (“ADSs”) of the combined company, Scage Future, will commence trading on the Nasdaq Stock Market under the ticker symbol “SCAG.NASDAQ” on 30 June 2025.

Congratulations to Scage International Limited (SCAG.NASDAQ) on successfully completing the previously announced business combination. The American depositary shares (“ADSs”) of the combined company, Scage Future, will commence trading on the Nasdaq Stock Market under the ticker symbol “SCAG.NASDAQ” on 30 June 2025.

 

Scage International Limited is a leading zero-emission technology provider in China, dedicated to decarbonizing global commercial transportation through its portfolio of advanced heavy-duty NEV trucks and innovative e-fuel systems. Through strategic partnerships with top-tier vehicle manufacturers and a strong quality control framework, the Company delivers intelligent, high-performance NEVs addressing the transport needs across logistics, mining and port operations.

 

With regard to this DeSPAC application, AVISTA Group is honoured to be engaged in providing valuation services in relation to Total equity value, financial instruments and equity investments.