Singularity Future Technology Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $3.1M
- Price
- $3.48
- % Change (Daily % change from the live per-ticker quote feed.)
- +16.78%
- Volume
- 39.8M
About
Singularity Future Technology Ltd. (SGLY) is an entity engaged in two distinct business areas. On the technology front, the company specializes in creating solutions for advanced, interconnected AI networks, particularly within the dynamic landscape of AI and Blockchain-powered supply chain management. It also establishes and manages cryptocurrency mining operations. Complementing its tech ventures, SGLY maintains a presence in the logistics sector, offering ship management and a variety of shipping logistics and agency services to its global customer base. Founded in 2001 and based in Great Neck, New York, the company was previously known as Sino-Global Shipping America, Ltd., before officially changing its name to Singularity Future Technology Ltd. in January 2022.
Quick stats
Shares outstanding896.9K
Computed float896.9K
Float / shares100.0%
Key info
SectorIndustrials
IndustryIntegrated Freight & Logistics
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001422892
Websitehttp://www.singularity.us
AI Summary
AI-generated1/6
standardbullishoperations update
SGLY Enters Into Non-Binding Strategic Framework Agreement for Potential 900-Acre South Carolina AI Data Center Campus
SGLY entered into a non-binding strategic framework agreement with Florence Development LLC to evaluate the development of a 900-acre AI data center campus in Florence, South Carolina.
Preliminary review indicates the site offers approximately 25MW of existing or near-term grid capacity, with a potential pathway to expand to 99MW over a 24-month period.
The agreement provides for exclusive evaluation but does not obligate the parties to proceed, pending due diligence, financing, and definitive agreements.
Red flags
- Agreement is non-binding with no obligation to consummate a transaction
- Project is subject to satisfactory due diligence, utility confirmation, and financing availability
- No assurance that targeted capacity expansion or project completion will occur