ScanTech AI receives two Nasdaq deficiency notices for late 10-Q and low market value

ScanTech AI Systems Inc.

Failed to timely file Form 10-Q for March 31, 2025; 60-day plan deadline from May 22.
Market value of listed securities fell below $50M threshold; 180-day cure period until Nov 24, 2025.
Both notices have no immediate effect on Nasdaq Global Market listing; can appeal or transfer to Capital Market.
Company intends to file 10-Q soon and may submit compliance plan to Nasdaq.

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