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.)
- $4.3M
- Price
- $0.8025
- % Change (Daily % change from the live per-ticker quote feed.)
- -18.10%
- Volume
- 763.0K
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 outstanding5.4M
Computed float5.4M
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-generated1/7
minorneutraloperations update
Singularity and AKD Development Inc. Enter Into Development Services Framework Agreement for Florence, South Carolina Data Center and Power Infrastructure Project
Singularity entered a non-binding Master Development Services Framework Agreement with AKD Development Inc. for a potential data center and power infrastructure project in Florence, South Carolina.
The agreement establishes a gated five-phase process, but Singularity has no obligation to issue work orders or proceed beyond initial feasibility work.
Phase 0 may begin with technical and investment decision support if an initial work order is executed, though no construction or material expenditures are authorized at this time.
Red flags
- No guaranteed revenue or capital commitment
- Framework agreement is non-binding and requires separate work orders
- High dependency on future due diligence, utility approvals, and financing