Singularity Future Technology (SGLY) Proxy filing summary

Executive summary

• Special Meeting scheduled for 2026 to vote on six key proposals, including major share issuances, warrant amendments, a name change, and a reverse stock split.

• Board recommends voting in favor of all proposals, which are designed to support strategic acquisitions, maintain Nasdaq compliance, and clarify corporate actions.

• Forward-looking statements caution that actual results may differ due to business and market uncertainties.

Voting matters and shareholder proposals

• Proposal 1: Approve issuance of up to 250,000,000 shares under a future amendment to a securities purchase agreement for up to $30 million, primarily for strategic acquisitions and investments.

• Proposal 2: Approve issuance of 6,897,636 amended warrants at $0.001 per share, with underlying shares, subject to shareholder approval.

• Proposal 3: Approve changing the company name to "Compower Ltd." to better reflect business direction.

• Proposal 4: Grant Board authority to effect a reverse stock split at ratios of 1-for-5, 1-for-10, or 1-for-20, with fractional shares rounded up.

• Proposal 5: Ratify prior amendment to articles of incorporation, addressing procedural deficiencies in previous shareholder approval.

• Proposal 6: Approve, for Nasdaq Rule 5635(d), any 20% issuance below minimum price within specified parameters, up to 250,000,000 shares and $100 million.

Board of directors and corporate governance

• Board has full discretion on timing and ratio of reverse stock split, with authority to delay or abandon the action if deemed not in shareholders' best interests.

• Board resolutions adopted to ratify prior amendments and clarify voting standards and notice requirements.