ScanTech AI Announces Consultancy Agreement with FSR Capital to Bolster Compliance and Capital Markets Strategy
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), fornitore di sistemi di screening TC basati su intelligenza artificiale, ha incaricato FSR Capital come consulente per affrontare questioni regolamentari e rafforzare la strategia nei mercati dei capitali. La collaborazione punta a risolvere i problemi di conformità con il Nasdaq, inclusi il prezzo delle azioni al di sotto del requisito minimo e ritardi nelle comunicazioni obbligatorie.
FSR Capital, nota per la sua esperienza nei turnaround post-De-SPAC e nella conformità normativa, fornirà consulenza specializzata in materia di mercati dei capitali, compliance Nasdaq e rendicontazione alla SEC. L'incarico riflette l'approccio proattivo di ScanTech AI per raggiungere stabilità regolamentare e accrescere il valore per gli azionisti.
ScanTech AI (NASDAQ:STAI), proveedor de sistemas de cribado por TC impulsados por IA, ha contratado a FSR Capital como consultor para abordar desafíos regulatorios y reforzar su estrategia en los mercados de capital. La alianza busca resolver cuestiones de cumplimiento con Nasdaq, incluidas deficiencias en el precio de las acciones y retrasos en las presentaciones obligatorias.
FSR Capital, reconocida por su experiencia en recuperaciones tras De‑SPAC y en cumplimiento regulatorio, ofrecerá servicios de asesoría especializados en mercados de capital, cumplimiento con Nasdaq e información ante la SEC. El compromiso demuestra el enfoque proactivo de ScanTech AI para lograr estabilidad regulatoria y mejorar el valor para los accionistas.
ScanTech AI (NASDAQ:STAI)는 인공지능 기반 CT 스크리닝 시스템 제공업체로서 규제 문제를 해결하고 자본시장 전략을 강화하기 위해 FSR Capital을 자문사로 선임했습니다. 이번 협력은 호가(주가) 기준 미달과 제출 지연 등 나스닥( Nasdaq) 규정 준수 이슈를 해소하는 것을 목표로 합니다.
De‑SPAC 전환 및 규정 준수 분야 전문성으로 알려진 FSR Capital은 자본시장 자문, 나스닥 준수 및 SEC 보고 관련 전문 자문 서비스를 제공할 예정입니다. 이번 선임은 규제적 안정성을 확보하고 주주 가치를 제고하려는 ScanTech AI의 적극적인 접근을 보여줍니다.
ScanTech AI (NASDAQ:STAI), fournisseur de systèmes de dépistage CT alimentés par IA, a engagé FSR Capital en tant que conseiller pour traiter des enjeux réglementaires et renforcer sa stratégie sur les marchés de capitaux. Le partenariat vise à remédier aux problèmes de conformité Nasdaq, notamment la sous-cotation du cours et les retards dans les dépôts réglementaires.
FSR Capital, réputé pour son expertise dans les retournements post‑De‑SPAC et la conformité réglementaire, apportera des services-conseils spécialisés en marchés de capitaux, conformité Nasdaq et reporting auprès de la SEC. Cette collaboration illustre l'approche proactive de ScanTech AI pour obtenir une stabilité réglementaire et améliorer la valeur pour les actionnaires.
ScanTech AI (NASDAQ:STAI), Anbieter von KI-gestützten CT-Screening-Systemen, hat FSR Capital als Berater beauftragt, um regulatorische Herausforderungen anzugehen und seine Kapitalmarktstrategie zu stärken. Die Partnerschaft zielt darauf ab, Nasdaq-Compliance-Probleme zu lösen, einschließlich niedriger Aktienkurse und Verzögerungen bei Pflichtmeldungen.
FSR Capital, bekannt für seine Erfahrung bei De‑SPAC-Turnarounds und regulatorischer Compliance, wird spezialisierte Beratungsleistungen in den Bereichen Kapitalmarkt, Nasdaq-Compliance und SEC-Berichterstattung erbringen. Das Mandat zeigt ScanTech AIs proaktiven Ansatz zur Erreichung regulatorischer Stabilität und zur Steigerung des Aktionärswerts.
- Partnership with experienced De-SPAC turnaround specialists
- Proactive approach to addressing Nasdaq compliance issues
- Strategic focus on improving liquidity and market stability
- Current regulatory challenges and compliance issues with Nasdaq
- Existing bid price deficiencies
- Filing delays with regulatory bodies
Insights
ScanTech AI hiring FSR Capital signals serious regulatory issues requiring expert intervention to maintain Nasdaq listing and restore compliance.
ScanTech AI's announcement reveals significant compliance challenges that have prompted management to seek specialized external help. The mention of "ongoing regulatory challenges," "bid price deficiencies," and "filing delays" indicates the company is likely facing Nasdaq delisting risks due to failure to meet continued listing requirements.
The reference to "De-SPAC turnarounds" suggests ScanTech AI went public through a SPAC merger and is now experiencing the common post-SPAC difficulties—typically share price deterioration below the $1.00 minimum bid requirement and/or financial reporting complications. The company appears to be in a precarious position where it must rapidly address these deficiencies or risk losing its Nasdaq listing entirely.
FSR Capital's specialization in resolving Nasdaq compliance matters points to a structured approach toward addressing these issues, potentially through strategic initiatives like a reverse stock split to boost share price, improved financial reporting processes, or capital restructuring. However, these measures, while potentially effective for maintaining listing compliance, don't necessarily address the underlying business fundamentals that led to the compliance issues.
This engagement represents a critical defensive measure rather than a growth initiative, and signals that regulatory compliance has become a top priority for ScanTech AI's management team—suggesting they're attempting to stabilize the company's foundation before focusing on operational growth.
Atlanta, GA, Sept. 03, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a next-generation provider of AI-powered CT screening systems for aviation, customs, and critical infrastructure, today announced a consultancy agreement with FSR Group Pte. Ltd. (“FSR Capital”) to provide specialized advisory services in capital markets, Nasdaq compliance, and SEC reporting. This forward-looking initiative highlights ScanTech AI’s proactive commitment to resolving ongoing regulatory challenges, enhancing investor confidence, and positioning the Company for sustained growth in a competitive market.
FSR Capital brings a team with a proven track record of success in navigating Nasdaq compliance issues for public companies, including bid price deficiencies and filing delays, with a focus on achieving regulatory stability and share price improvement.
"Our ScanTech AI leadership team is taking decisive action to help overcome regulatory challenges and position the Company for long-term success,” said Dolan Falconer, Chief Executive Officer of ScanTech AI. “By partnering with FSR Capital, we are working with a team that has a strong track record in De-SPAC turnarounds, directly relevant to our situation. We believe this engagement will accelerate our path to compliance while creating a stronger foundation for improved liquidity, greater market stability, and enhanced stockholder value."
Calvin Ling, President of FSR Capital, commented, "We are thrilled to work with ScanTech AI during this pivotal time. Our team's proven track record in resolving Nasdaq compliance matters and optimizing investor relations—demonstrated through successful guidance for companies facing listing standards and capital market pressures—positions us to deliver tailored strategies that help to drive regulatory resolution and long-term market success for ScanTech AI."
FSR Capital specializes in strategic advisory for public companies facing complex regulatory and market dynamics, ensuring adherence to regulatory compliance while fostering growth opportunities.
This engagement aligns with ScanTech AI’s ongoing innovations in AI-driven security solutions. The Company remains committed to operational excellence and transparent communication.
About ScanTech AI
ScanTech AI Systems Inc. (Nasdaq: STAI) has developed one of the world’s most advanced non-intrusive ‘fixed-gantry’ CT screening technologies. Utilizing proprietary artificial intelligence and machine learning capabilities, ScanTech AI’s state-of-the-art scanners accurately and quickly detect hazardous materials and contraband. Engineered to automatically locate, discriminate, and identify threat materials and items of interest, ScanTech AI’s solutions are designed for use in airports, seaports, borders, embassies, corporate headquarters, government and commercial buildings, factories, processing plants, and other facilities where security is a priority.
For more information, visit www.scantechais.com and investor.scantechais.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the U.S. Securities Exchange Act of 1934, as amended (“Exchange Act”), including statements regarding ScanTech AI’s management team’s expectations, hopes, beliefs, intentions, plans, prospects or strategies regarding the future, including any results from the Company’s engagement of FSR Capital or FSR Capital’s efforts pursuant to the consultancy agreement, revenue growth and financial performance, product expansion, and services. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. Additionally, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue,” “ongoing,” “target,” “seek” or the negative or plural of these words, or other similar expressions that are predictions or indicate future events or prospects, may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on the current expectations and beliefs made by the management of ScanTech AI, in light of their respective experience and their perception of historical trends, current conditions and expected future developments and their potential effect on ScanTech AI, as well as other factors they believe are appropriate under the circumstances. There can be no assurance that future developments affecting ScanTech AI will be those that it has anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements, including product and service acceptance, regulatory oversights, research and development success, and that ScanTech AI will have sufficient capital to operate as anticipated. Should one or more of these risks of uncertainties materialize, or should any of the assumptions of ScanTech AI prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. Additional factors that could cause actual results to differ are discussed under the heading “Risk Factors” and in other sections of the filings of ScanTech AI (and its predecessor, Mars Acquisition Corp.) with the U.S. Securities and Exchange Commission (the “SEC”), and in the current and periodic reports filed or furnished by ScanTech AI (and its predecessor, Mars Acquisition Corp.) from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on the information available to ScanTech AI as of the date hereof, and ScanTech AI assumes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as may otherwise be required under applicable securities laws.
Contact:
ScanTech AI Systems Inc.
James White, CFO
jwhite@scanechibs.com
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