Scage Future (SCAGW) Warrant
Each SCAGW warrant gives the holder the right to buy 1 share of Scage Future at $11.50 per share, until June 27, 2030. The stock last closed at $0.22, below the strike, so the warrant is out of the money. Scage Future has a market value of about $15.68M. There are 12.93M listed warrants; exercising all of them would add 17.9% to the 72.24M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2030-06-27
- Redemption trigger
- $18.00
- Cashless exercise
- no
- Break-even stock price
- $11.51
From the issuer's F-1 (2026-01-20).
Company and stock
- Company
- Scage Future
- Underlying stock
- SCAG
- Share price
- $0.22
- Market cap
- $15.68M
- Shares outstanding
- 72.24M
- 12-month range
- $0.22 – $2.96
- 12-month change
- -92%
- Value of all listed warrants
- $131.93K (0.8% of market cap)
- Industry
- Truck & Bus Bodies
- Head office
- Nanjing City, Jiangsu Province
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 2025-11-12). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.0102
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Dilution
- Shares outstanding
- 72.24M
- Listed warrants
- 12.93M
- Dilution if all exercised
- 17.9%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
Questions about SCAGW
When does the SCAGW warrant expire?
SCAGW expires on June 27, 2030.
What is the strike price of SCAGW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Scage Future redeem the SCAGW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many SCAGW warrants are outstanding?
12.93M listed warrants, equal to 17.9% dilution if all are exercised.
Related warrants
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