Scage Future shares rise 2.16% in after-hours after extending business merger agreement deadline and establishing ADR facility.

Scage Future surged 2.16% in after-hours trading, driven by the company's focus on designing, producing, and testing heavy-duty new energy vehicles for logistics, mining, and port operations, including the Dragon II plug-in hybrid dumper, Galaxy II plug-in hybrid truck, and Q-Truck autonomous tractor-trailer. Additionally, the extension of the business combination agreement deadline to April 2, 2025, and the establishment of an American Depositary Receipt facility have enhanced transaction feasibility.