ScanTech AI Systems Regains Nasdaq Market Value of Publicly Held Shares Compliance and Continues Progress on Strategic Re-Compliance Plan
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) ha riacquisito la conformità con la Regola di Listing 5450(b)(2)(C) della Nasdaq raggiungendo il valore minimo di mercato delle azioni detenute pubblicamente (15 milioni di dollari) per 16 sedute di trading consecutive da 30 settembre al 4 novembre 2025, secondo la lettera della Nasdaq del 5 novembre 2025.
L'azienda afferma che questo chiude la questione e mette in evidenza passi in un piano strategico di riconformità, inclusa la nomina di Berkowitz Pollack Brant come revisore indipendente, lo sviluppo continuo di programmi di finanziamento come un accordo di investimento e acquisto con ARC Group International, e supporto consulenziale da parte di FSR Capital.
ScanTech intende continuare a perseguire una piena conformità con tutti gli standard di listing della Nasdaq, mentre avanza le sue attività di commercializzazione del screening AI e di raccolta fondi.
ScanTech AI Systems (Nasdaq: STAI) anunció que ha recuperado el cumplimiento con la Regla 5450(b)(2)(C) de Nasdaq al cumplir el valor mínimo de mercado de las acciones de libre flotación ($15 millones) durante 16 días hábiles consecutivos desde el 30 de septiembre hasta el 4 de noviembre de 2025, según la carta de Nasdaq del 5 de noviembre de 2025.
La compañía dice que esto cierra el asunto y destaca los pasos de un plan estratégico de recompliance, incluida la incorporación de Berkowitz Pollack Brant como auditor independiente, el desarrollo continuo de programas de financiamiento como un acuerdo de inversión y compra con ARC Group International, y el apoyo asesor de FSR Capital.
ScanTech tiene la intención de seguir buscando el cumplimiento total de todas las normas de listado de Nasdaq mientras avanza en la comercialización de su cribado con IA y sus esfuerzos de recaudación de fondos.
ScanTech AI Systems (나스닥: STAI)은 나스닥 상장 규정 5450(b)(2)(C)에 대한 준수를 회복했으며, 상장 공개 주식의 최소 시가 $15백만의 16거래일 연속 달성, 2025년 9월 30일부터 2025년 11월 4일까지에 따른 나스닥의 2025년 11월 5일 서한에 따라 확인되었습니다.
회사는 이로써 문제를 종결하고 독립 감사인으로 Berkowitz Pollack Brant를 참여시키는 등, 전략적 재준수 계획의 단계들을 강조하며, ARC Group International의 투자 및 매매 계약, 그리고 FSR Capital의 자문 지원과 같은 자금 조달 프로그램의 개발을 지속하고 있다고 말합니다.
ScanTech는 나스닥 상장 기준의 전면 준수를 계속 추구하는 한편, AI 스크리닝의 상용화 및 자금 조달 노력을 진행해 나갈 예정입니다.
ScanTech AI Systems (Nasdaq : STAI) a annoncé avoir retrouvé sa conformité avec la règle d’introduction Nasdaq 5450(b)(2)(C) en atteignant la valeur marchande minimale des actions détenues publiquement (15 millions de dollars) pendant 16 jours de négociation consécutifs du 30 septembre au 4 novembre 2025, selon la lettre de Nasdaq du 5 novembre 2025.
La société indique que cela clôt l’affaire et met en évidence les étapes d’un plan stratégique de recompliance, notamment la nomination de Berkowitz Pollack Brant en tant qu’auditeur indépendant, le développement continu de programmes de financement tels qu’un accord d’investissement et d’achat avec ARC Group International, et le soutien consultatif de FSR Capital.
ScanTech entend continuer à rechercher une conformité complète à l’ensemble des normes de cotation Nasdaq tout en progressant dans la commercialisation de son dépistage IA et ses efforts de levée de fonds.
ScanTech AI Systems (Nasdaq: STAI) meldete, dass es die Einhaltung der Nasdaq Listing Rule 5450(b)(2)(C) wiederhergestellt hat, indem es den Mindestmarktwert der öffentlich gehaltenen Aktien (15 Millionen USD) 16 aufeinanderfolgende Handelstage lang erfüllt hat, vom 30. September bis zum 4. November 2025, gemäß dem Schreiben der Nasdaq vom 5. November 2025.
Das Unternehmen sagt, dass dies die Angelegenheit schließt und hebt Schritte in einem strategischen Recompiance-Plan hervor, einschließlich der Beauftragung von Berkowitz Pollack Brant als unabhängiger Wirtschaftsprüfer, der fortlaufenden Entwicklung von Finanzierungsprogrammen wie einem Investitions- und Kaufvertrag mit ARC Group International, und der beratenden Unterstützung durch FSR Capital.
ScanTech beabsichtigt, die vollständige Einhaltung aller Nasdaq-Listing-Standards weiter zu verfolgen, während es die Vermarktung seiner KI-Screening-Lösungen und die Fundraising-Bemühungen vorantreibt.
ScanTech AI Systems (ناسداك: STAI) أعلنت أنها استعادت الامتثال لقواعد الإدراج في ناسداك 5450(b)(2)(C) من خلال تحقيق الحد الأدنى لقيمة السوق للأسهم المطروحة علنًا (15 مليون دولار) لمدة 16 يوماً من التداول المتتالية من 30 سبتمبر حتى 4 نوفمبر 2025، وفقاً لرسالة ناسداك بتاريخ 5 نوفمبر 2025.
تقول الشركة إن ذلك يغلق المسألة ويبرز خطوات ضمن خطة امتثال استراتيجية لإعادة الالتزام، بما في ذلك تعيين Berkowitz Pollack Brant كمراجع مستقل، والتطوير المستمر لبرامج التمويل مثل اتفاق استثمار وشراء مع ARC Group International، والدعم الاستشاري من FSR Capital.
تعتزم ScanTech مواصلة السعي للامتثال الكامل لجميع معايير إدراج ناسداك مع تقدمها في تسويق فحصها بالذكاء الاصطناعي وجهود جمع التمويل.
- MVPHS compliance: met $15M threshold for 16 trading days (Sep 30–Nov 4, 2025)
- Engaged Berkowitz Pollack Brant as independent auditor
- Pursuing ARC Group investment and purchase agreement for growth capital
- Not yet at full Nasdaq compliance; continuing work across remaining listing standards
- Financing details (amounts/timing) for ARC Group agreement are not disclosed, creating uncertainty
Insights
ScanTech regained Nasdaq MVPHS compliance, closing a key listing deficiency and reducing near-term delisting risk.
The formal Nasdaq notice dated
Remaining dependencies include continued maintenance of the MVPHS level and completion of other listing standards the company referenced. The engagement of Berkowitz Pollack Brant Advisors + CPAs as independent auditor and the stated financing arrangements with ARC Group International Ltd. and advisory support from FSR Capital are concrete actions, but their effectiveness depends on timely execution and transparent filings. Watch the company’s upcoming periodic filings and any Nasdaq correspondence over the next
Atlanta, GA, Nov. 10, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging systems, today announced that it has received formal notice from The Nasdaq Stock Market LLC confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(b)(2)(C) — requiring a minimum market value of publicly held shares (“MVPHS”) of
According to the Nasdaq letter dated November 5, 2025, the Company’s MVPHS was at or above the
Dolan Falconer, Chief Executive Officer of ScanTech AI, stated: “This recompliance confirmation from Nasdaq underscores the tangible progress we’ve made in working to stabilize our market valuation, strengthen governance, and align with our broader re-compliance roadmap. We believe each milestone — from new auditor engagement to strategic capital access — reflects disciplined execution toward restoring full listing standards and building a platform for sustainable growth.”
The Company’s strategic re-compliance plan, initiated earlier this year, includes enhancements to financial reporting oversight, ongoing engagement with Berkowitz Pollack Brant Advisors + CPAs as independent auditor, and continued development of sustainable financing programs such as the ARC Group International Ltd. investment and purchase agreement, which we believe will provide flexible growth capital to support future innovation and regulatory objectives.
FSR Capital, a division of FSR Group Pte Ltd, continues to advise the Company on strategic governance and sustainable financing matters as part of this structured re-compliance and growth plan.
Sam Tan, President of FSR Group, commented: “ScanTech’s steady progress demonstrates a disciplined approach to governance and capital stewardship. We’re proud of the Company’s progress in executing our compliance roadmap methodically, to better position the Company for long-term resilience and investor confidence.”
The Company intends to continue working toward full compliance across all Nasdaq listing standards, maintaining transparency through timely filings and execution of its AI-driven technology and commercialization initiatives. The Company believes that continued progress toward full compliance will unlock the true market value of the Company and also support its strategic fundraising programs.
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 Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on current expectations, estimates, forecasts, and projections, and the beliefs and assumptions of management. Words such as “expects,” “intends,” “plans,” “believes,” “seeks,” “may,” “will,” “should,” “anticipates,” or the negative or plural of these words, and similar expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.
These statements relate to, among other things, the Company’s ability to regain and maintain compliance with Nasdaq continued listing standards, successfully execute on its re-compliance plan, execute its growth strategy, and develop or commercialize its technologies. Additionally, any statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond the Company’s control, that could cause actual results to differ materially from those expressed or implied herein.
These risks and uncertainties include, but are not limited to: market conditions; dilution and volatility associated with equity financings; the Company’s ability to regain compliance and remain in compliance with Nasdaq listing standards; operational and regulatory risks in the artificial intelligence and security technology sectors; product and service acceptance; regulatory oversights; whether ScanTech AI will have sufficient capital to operate as anticipated; and other factors detailed in the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. 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.
Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this release and are based on the information available to ScanTech AI as of the date hereof. 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 law.
Media Contact:
ScanTech AI Systems Inc.
D. Williams Sr. Senior VP Sales, Business Development & Investor Relations
dwilliams@scantechais.com
Investor & Media Relations Contact:
International Elite Capital Inc.
Annabelle Zhang
+1(646) 866-7928
annabelle@iecapitalusa.com
FAQ
What Nasdaq rule did ScanTech AI (STAI) regain compliance with on November 5, 2025?
Over what dates did ScanTech AI (STAI) maintain the $15M publicly held market value?
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Will the Nasdaq matter be considered closed for ScanTech AI (STAI)?
What financing steps is ScanTech AI (STAI) pursuing after regaining compliance?
Does ScanTech AI (STAI) say it is fully compliant with all Nasdaq listing standards now?
