STAI back in Nasdaq MVPHS compliance after 16 consecutive days

Rhea-AI Filing Summary

ScanTech AI Systems Inc. (STAI) regained Nasdaq compliance with the Market Value of Publicly Held Shares (MVPHS) standard. Nasdaq notified the company on November 5, 2025 that, for 16 consecutive trading days from September 30 to November 4, the company’s MVPHS was $15 million or greater, satisfying Nasdaq Listing Rule 5450(b)(2)(C).

The update follows a July 30, 2025 deficiency notice related to MVPHS. A press release announcing the compliance determination was furnished as Exhibit 99.1 under Item 7.01.

8-K Event Classification

3 items: 7.01, 8.01, 9.01

3 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 5, 2025

ScanTech AI Systems Inc.

(Exact name of registrant as specified in its charter)

Delaware		001-42463		93-3502562
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

1735 Enterprise Drive Buford, Georgia		30518
(Address of principal executive offices)		(Zip Code)

+1 (470) 655-0886

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.0001 per share		STAI		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 7.01 Regulation FD Disclosure.

On November 10, 2025, ScanTech AI Systems Inc. (the “Company”) issued a press release announcing that the Company has regained compliance with the MVPHS Requirement (as defined below) of The Nasdaq Stock Market LLC (“Nasdaq”).

A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 8.01 Other Events.

As previously disclosed, on July 30, 2025, the Company received a deficiency letter (the “MVPHS Notice”) from Nasdaq Listing Qualifications Department of Nasdaq notifying the Company that, based upon Nasdaq’s review of the Company’s market value of publicly held shares (“MVPHS”) for previous 30 consecutive business days ended July 28, 2025, the Company was not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) to maintain a MVPHS of at least $15 million (the “MVPHS Requirement”).

On November 5, 2025, the Company received a letter from Nasdaq stating that it had determined that for the last 16 consecutive trading days, from September 30, 2025 to November 4, 2025, the Company’s MVPHS has been

$15 million or greater and, accordingly, the Company has regained compliance with the MVPHS Requirement and

this matter is now closed.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release, dated November 10, 2025.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 10, 2025	SCANTECH AI SYSTEMS INC.
	By:	/s/ Dolan Falconer
	Name:	Dolan Falconer
	Title:	Chief Executive Officer

FAQ

What did ScanTech AI Systems (STAI) announce in its 8-K?

STAI announced it has regained compliance with Nasdaq’s MVPHS requirement after maintaining MVPHS of $15 million or greater for 16 consecutive trading days.

What is Nasdaq’s MVPHS requirement for STAI?

Nasdaq Listing Rule 5450(b)(2)(C) requires a market value of publicly held shares of at least $15 million.

When did Nasdaq confirm STAI’s compliance and over what period?

Nasdaq confirmed compliance on November 5, 2025, citing 16 consecutive trading days from September 30 to November 4, 2025 with MVPHS at or above $15 million.

Why was STAI previously non-compliant with Nasdaq?

On July 30, 2025, STAI received a deficiency letter noting its MVPHS had fallen below the $15 million threshold for 30 consecutive business days.

What exhibit accompanied the announcement?

A press release dated November 10, 2025 was furnished as Exhibit 99.1 under Item 7.01.

Does the 8-K indicate the matter’s status with Nasdaq?

Yes. Nasdaq stated the company has regained compliance and that the matter is now closed.