ScanTech AI Systems Inc. Stock Price, News & Analysis

ScanTech AI Systems (Nasdaq: STAI) entered a non-binding term sheet with ARC Group for a proposed $20 million subordinated convertible note facility to enhance liquidity and strategic flexibility.

Key terms include up to $6 million at initial closing after an S-1 registration and shareholder approvals, subsequent $2 million tranches every 45 trading days, a 9% annual dividend, 3% original issue discount, conversion at 110% of the prior closing price with a $1.00 per share floor, and five-year warrants up to 30% of each tranche.

The term sheet is non-binding and subject to definitive agreements, due diligence, and customary closing conditions.

ScanTech AI Systems (Nasdaq: STAI) exhibited at the World Nuclear Exhibition in Paris from 4–6 November 2025, showcasing its AI-powered security screening and imaging systems to global civil-nuclear decision-makers.

The company reported strong engagement with representatives from EDF, the U.S. Department of Commerce, the Saudi Water Authority, and multiple EMEA government operators and distributors. ScanTech AI said these interactions could accelerate its expansion into nuclear and critical-infrastructure markets.

The company also disclosed a near-complete engagement with a major North American nuclear energy producer and described a successful integration of its SENTINEL® CT platform into nuclear security and inspection environments.

ScanTech AI Systems (Nasdaq: STAI) announced it has regained compliance with Nasdaq Listing Rule 5450(b)(2)(C) by meeting the minimum market value of publicly held shares ($15 million) for 16 consecutive trading days from September 30 through November 4, 2025, per Nasdaq's November 5, 2025 letter.

The company says this closes the matter and highlights steps in a strategic re-compliance plan, including engagement of Berkowitz Pollack Brant as independent auditor, ongoing development of financing programs such as an ARC Group International investment and purchase agreement, and advisory support from FSR Capital.

ScanTech intends to continue pursuing full compliance across all Nasdaq listing standards while advancing its AI screening commercialization and fundraising efforts.

ScanTech AI Systems (Nasdaq: STAI) delivered a SENTINEL® fixed-gantry CT scanner to the Virginia Department of Corrections on October 22, 2025 for a pilot to develop a customized contraband-detection AI algorithm.

The system will collect operational imaging data to train ScanTech AI’s proprietary platform and validate non-intrusive, high-resolution screening workflows for correctional facilities. The company estimates an addressable correctional-facility screening market of approximately USD 1 billion.

ScanTech AI Systems (Nasdaq: STAI) announced that its Audit Committee has appointed Berkowitz Pollack Brant Advisors + CPAs as the company’s independent registered public accounting firm for the fiscal year ending Dec 31, 2025 and certain interim periods.

The engagement will include an audit of ScanTech AI’s 2025 financial statements and is positioned to strengthen financial reporting, internal controls, and the company’s Nasdaq re-compliance plan. The appointment precedes a purchase agreement with ARC Group International under which ARC committed up to $50 million of capital via an Equity Line of Credit (ELOC) once the ELOC shares are registered with the SEC. ScanTech AI expects to file a registration statement to register resale of securities issuable under the ELOC.

ScanTech AI Systems (Nasdaq: STAI) announced a Purchase Agreement with ARC Group establishing an equity line of credit (ELOC) of up to $50 million and an initial $500,000 PIPE investment on October 10, 2025. The ELOC, subject to SEC registration of shares, is intended to provide flexible, long-term capital to fund R&D, commercialization of the SENTINEL™ AI threat detection platform, and efforts to regain Nasdaq compliance.

The company said drawdowns are at its discretion. Funds will also support deployments in aviation and critical infrastructure and target international certification milestones in 2026.

ScanTech AI Systems (Nasdaq: STAI), a developer of AI-powered CT scanning systems, has filed its Q2 2025 Form 10-Q, marking a crucial step toward regaining Nasdaq compliance. The company recently engaged FSR Capital to address listing requirements and strengthen its market presence.

Key achievements include a significant balance sheet restructuring that converted substantial debt to equity, resulting in a 77% reduction in interest expense for H1 2025. The company's SENTINEL™ CT scanner remains on track for ECAC certification, expected in Q2 2026.

ScanTech AI (NASDAQ:STAI), a provider of AI-powered CT screening systems, has engaged FSR Capital as a consultant to address regulatory challenges and enhance its capital markets strategy. The partnership aims to resolve Nasdaq compliance issues, including bid price deficiencies and filing delays.

FSR Capital, known for its expertise in De-SPAC turnarounds and regulatory compliance, will provide specialized advisory services in capital markets, Nasdaq compliance, and SEC reporting. The engagement demonstrates ScanTech AI's proactive approach to achieving regulatory stability and improving shareholder value.

ScanTech AI (NASDAQ:STAI), a security screening technology company, has received a deficiency letter from Nasdaq due to failing to file its Q2 2025 Form 10-Q on time. The company is not currently in compliance with Nasdaq Listing Rule 5250(c)(1).

While this notice doesn't immediately affect STAI's listing status, the company has 60 calendar days to submit a compliance plan. If Nasdaq accepts the plan, ScanTech could receive up to 180 days (until February 16, 2025) to regain compliance. If rejected, the company can appeal to a Nasdaq Hearings Panel.