tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Scage Future Appoints New Auditor Amid Financial Reporting Concerns

Story Highlights
Scage Future Appoints New Auditor Amid Financial Reporting Concerns

Meet Your ETF AI Analyst

An update from Scage future ( (SCAG) ) is now available.

On August 28, 2025, Scage Future’s board approved a change in the company’s independent auditor, appointing HTL International, LLC to replace Marcum Asia CPAs LLP. The transition, effective the same day, follows a period where Marcum Asia’s reports on Scage Future’s financial statements did not contain adverse opinions but noted material weaknesses in internal controls over financial reporting. These weaknesses included insufficient financial reporting personnel and inadequate IT controls. The change in auditors is a strategic move to address these concerns and potentially strengthen the company’s financial reporting framework.

More about Scage future

Scage Future is a company incorporated under the laws of the Cayman Islands, with its principal executive office located in Nanjing City, Jiangsu Province, China. The company operates within an unspecified industry and has not provided specific details about its primary products or services.

Average Trading Volume: 271,255

Technical Sentiment Signal: Sell

Current Market Cap: $4

Learn more about SCAG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1