Singularity Future Technology (SGLY) Proxy filing summary

Executive summary

• Special meeting scheduled for September 22, 2026, to vote on four key proposals impacting capital structure and corporate identity.

• Proposals include new share issuance, amended warrants, a company name change, and a reverse stock split.

• Board unanimously recommends approval of all proposals, citing alignment with commercial interests and compliance needs.

• Forward-looking statements caution about uncertainties and potential risks associated with the proposed actions.

Voting matters and shareholder proposals

• Approval sought for issuance of 21,520,803 shares to non-U.S. investors at $1.394 per share, raising approximately $30 million.

• Approval of 6,897,636 amended warrants, each exercisable at $0.001 per share, with underlying shares to be issued upon exercise.

• Proposal to change the company name to “Compower Ltd.” to better reflect business direction.

• Authorization for a reverse stock split at a ratio of 1-for-5, 1-for-10, or 1-for-20, with fractional shares rounded up.

• All proposals require a majority vote of shares present or represented by proxy; abstentions count as votes against, broker non-votes have no effect.

Board of directors and corporate governance

• Board retains discretion on timing and ratio of reverse stock split, with authority to abandon the split if deemed not in shareholders’ best interests.

• Board believes reverse split flexibility maximizes benefits for shareholders and supports continued NASDAQ listing.