Welcome to our dedicated page for ScanTech AI Systems SEC filings (Ticker: STAI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
ScanTech AI Systems Inc. (STAI) files a range of documents with the U.S. Securities and Exchange Commission (SEC) that provide detailed insight into its AI-driven security screening and imaging business, capital structure, and Nasdaq listing status. As a Nasdaq-listed emerging growth company, ScanTech AI uses Forms 10-Q and 10-K for periodic financial reporting, and frequently files Current Reports on Form 8-K to disclose material events.
Recent Form 8-K filings describe topics such as restatements of interim financial statements, non-reliance on previously issued financials, changes to bylaws, reverse stock split implementation, annual meeting results, equity incentive plan amendments, equity line of credit approvals, strategic partnerships, and notices from creditors regarding promissory notes and potential events of default. Other filings, including Form 12b-25 (NT 10-Q), explain delays in quarterly reports and the company’s plan to file within the permitted extension period.
Investors interested in ScanTech AI’s Nasdaq listing compliance can review filings that discuss market value of listed securities (MVLS) and market value of publicly held shares (MVPHS) deficiencies, minimum bid price issues, and the company’s requests for hearings before a Nasdaq Hearings Panel. These documents outline actions such as reverse stock splits, applications to transfer between Nasdaq market tiers, and the status of automatic and extended stays of delisting determinations.
Through this page, users can access ScanTech AI’s 10-K and 10-Q reports for financial statements and risk disclosures, Form 4 and related insider transaction reports when available, and proxy statements (DEF 14A) that cover director elections, auditor ratification, reverse stock split proposals, equity incentive plans, and equity line of credit approvals. Stock Titan’s AI-powered tools can help summarize lengthy filings, highlight key sections related to CT security technology, governance, financing arrangements, and listing standards, and make it easier to interpret complex regulatory language.
Polar Asset Management Partners Inc. filed an amended Schedule 13G reporting beneficial ownership of 75,000 shares of Scantech AI Systems Inc. common stock, representing 0% of the class and ownership of 5 percent or less. Polar, a Canadian investment adviser and fund manager, has sole voting and dispositive power over these shares through Polar Multi-Strategy Master Fund. The filing states the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Scantech AI Systems.
ScanTech AI Systems Inc. major shareholders filed Amendment No. 3 to a Schedule 13D reporting their current stake in the company. Seaport Global Asset Management LLC, Seaport Group SIBS LLC, and Stephen C. Smith report beneficial ownership of 731,867 shares of common stock, representing 15.7% of the class, based on 4,663,381 shares outstanding. All voting and dispositive power over these shares is reported as shared among the reporting persons.
ScanTech AI Systems Inc. reported an insider transaction by a major shareholder. Seaport Global Asset Management LLC, a 10% owner, reported that Seaport Group SIBS LLC sold 70,000 shares of ScanTech AI common stock in an open-market transaction on February 10, 2026 at $0.4874 per share, leaving 731,867 shares indirectly owned.
ScanTech AI Systems Inc. reports that Nasdaq has determined to delist its common stock from the Nasdaq Global Market after finding multiple listing deficiencies. Nasdaq cited failure to meet the minimum $15 million market value of publicly held shares, a minimum market value of listed securities requirement, and periodic filing obligations.
Trading on Nasdaq is scheduled to be suspended at the open on February 10, 2026, although the company has 15 days to request review by the Nasdaq Listing and Hearing Review Council. ScanTech AI plans to apply for quotation of its common stock on the OTCQB Venture Market but there is no assurance of approval.
ScanTech AI Systems Inc. entered into a Settlement of Indebtedness with Maximcash Solutions LLC to resolve issues under a prior business loan. The company agreed to issue 350,000 shares of common stock to Maximcash in exchange for the full discharge of about $608,997.31 of indebtedness tied to the loan.
The loan agreement and all related notes, security agreements, guarantees, and amendments will be terminated, and both parties granted broad mutual releases, including claims related to a lawsuit that Maximcash had filed. Maximcash must file a dismissal of the lawsuit with prejudice after receiving the shares. The settlement also gives Maximcash piggyback registration rights for these shares, and the issuance relies on the Section 3(a)(9) exemption under the Securities Act.
ScanTech AI Systems Inc. filed an initial insider ownership report for Michael David Palmer Cavanaugh, who serves as a director of the company. The Form 3 indicates that, as of the event date of 12/08/2025, he reported no securities beneficially owned in ScanTech AI Systems Inc.
ScanTech AI Systems Inc. filed an 8-K to announce a change in independent auditor and to describe significant weaknesses in its financial controls. After Carr, Riggs & Ingram, LLC acquired certain assets of Berkowitz Pollack Brant Advisors + CPAs, LLP, the board’s Audit Committee dismissed Berkowitz Pollack Brant and appointed Carr, Riggs & Ingram on January 14, 2026.
The company reports multiple material weaknesses in internal control over financial reporting as of December 31, 2024 and 2023, including problems with valuing warrants, derivatives and unit-based compensation, interpreting complex contracts, approving related-party transactions, and executing the financial close process. It also cites IT control weaknesses in cybersecurity, access, change management, and vendor oversight.
A restatement of condensed consolidated financial statements for the six months ended June 30, 2025 revealed an additional material weakness tied to misclassification and presentation of various transactions such as share-based arrangements, de‑SPAC costs, tax penalties, and revenue and cost of goods sold adjustments. The company states there were no disagreements with the outgoing auditor on accounting or audit matters.
ScanTech AI Systems Inc. filed a current report stating that it issued two press releases on January 12 and January 14, 2026. The company explains that these press releases provide various updates related to its Nasdaq listing compliance and internal restructuring initiatives. The press releases are included as exhibits to the report and are treated as information that is furnished rather than formally filed under securities laws.
ScanTech AI Systems Inc. director-affiliated entities reported small open-market sales of common stock. On December 16, 2025, 3,000 shares of common stock, par value $0.0001 per share, were sold at a price of $4.2933 per share. On December 17, 2025, an additional 100 shares were sold at a price of $3.80 per share. After these transactions, a total of 804,867 shares of ScanTech AI Systems Inc. common stock are reported as beneficially owned indirectly through Seaport Group SIBS LLC, which is managed by Seaport Global Asset Management LLC.
ScanTech AI Systems Inc. reported that it has filed its Form 10-Q for the quarter ended September 30, 2025 and issued a press release describing this filing.
The company also used the press release to provide an update on the progress of its plan to regain compliance with Nasdaq’s listing requirements, which is important for maintaining the listing of its common stock on The Nasdaq Stock Market LLC.
The press release is furnished as Exhibit 99.1 and, along with the related disclosure, is treated as furnished rather than filed for purposes of liability and incorporation under the federal securities laws.