ScanTech AI Systems Inc. (STAI): Nasdaq/NYSE listing notice — ScanTech AI receives Nasdaq deficiency notice for late 10-K filing; aims to cure by May 5, 2025
ScanTech AI Systems Inc.
Received deficiency letter on April 17, 2025 for failing to timely file Form 10-K for FY 2024.
No immediate delisting impact; must submit compliance plan within 60 calendar days.
If plan accepted, Nasdaq can grant extension until October 13, 2025 to regain compliance.
Company states it will file the 10-K and regain compliance on or before May 5, 2025.
ScanTech AI Systems Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
Exchange
nasdaq
Notice
deficiency notice
Deficiency
late filing
Rules
5250(c)(1)
Exact text from the filing
April 17, 2025, ScanTech AI Systems Inc. (the “Company”) received a deficiency letter (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Annual Report”). The Notice has no immediate effect on the listing of the Company’s common stock on The Nasdaq Global Market. The Notice stated that the Company has 60 calendar days to s
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