ScanTech AI Systems Inc. Receives Nasdaq Deficiency Notice

SEC Filing 8-K (0001104659-25-073125)

On July 30, 2025, ScanTech AI Systems Inc. received a deficiency letter from Nasdaq Listing Qualifications Department, notifying the company that it is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) due to its market value of publicly held shares (MVPHS) falling below the required $15 million threshold. The company has 180 days, until January 26, 2026, to regain compliance by maintaining a MVPHS of at least $15 million for 10 consecutive business days. Failure to comply could result in delisting, though the company may appeal or transfer to The Nasdaq Capital Market if it meets the requirements. The notice does not immediately affect the company's listing on The Nasdaq Global Market.