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Scage Future shares rise 3.06% in after-hours after extending business merger agreement deadline and establishing ADR facility.
ByAinvest
Wednesday, Jul 2, 2025 4:26 pm ET1min read
Scage Future surged 3.06% 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.
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