Scage Future Announces Change in Auditor Amid Internal Control Weaknesses
**Scage Future Announces Change in Independent Auditor** On August 28, 2025, Scage Future, a Cayman Islands-based company, announced a change in its independent auditor from Marcum Asia CPAs LLP to HTL International, LLC. The decision was recommended by the company's audit committee and approved by its board of directors. The transition became effective immediately. Marcum Asia's reports on Scage Future's financial statements for the fiscal years ending June 30, 2023, and 2024, did not contain any adverse opinions or disclaimers, except for an explanatory paragraph regarding the company's ability to continue as a going concern. No disagreements on accounting principles or practices were noted between the company and Marcum Asia during the past two years. Scage Future identified material weaknesses in its internal financial reporting controls, specifically citing a lack of personnel with adequate U.S. GAAP and SEC knowledge and insufficient IT control measures. The company has not consulted HTL on accounting principles or audit opinions prior to their engagement. Marcum Asia has been requested to confirm agreement with these statements to the U.S. Securities and Exchange Commission.
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