{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-054263","form_type":"8-K","ticker":"STAI","cik":"0001994624","company_name":"ScanTech AI Systems Inc.","filed_at":"2025-05-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.653732+00:00","generated_at":"2026-05-20T06:49:36.869522+00:00","sec_items":["3.01","8.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"ScanTech AI receives two Nasdaq deficiency notices for late 10-Q and low market value","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-054263","json":"https://secwatch.observer/filing/0001104659-25-054263.json","markdown":"https://secwatch.observer/filing/0001104659-25-054263.md","text":"https://secwatch.observer/filing/0001104659-25-054263.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925054263/0001104659-25-054263-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925054263/tm2516090d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T06:49:36.869522+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4381e48e80313202233335c848d1ce34d437e0f5","claim":"ScanTech AI Systems Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).","evidence_excerpt":"May 27, 2025 (the “MVLS Notice”) notifying the Company that, based on the market value of listed securities for the previous 30 consecutive business days, the listing of the Company’s common stock was not in compliance with Nasdaq Listing Rule 5450(b)(2)(A) to maintain a minimum market value of listed securities of at least $50 million (the “MVLS Requirement”). In accordance with Nasdaq rules, the Company has a period of 180 calendar days (or until November 24, 2025) to regain compliance with the MVLS Requirement. To regain compliance during this 180-day compliance period, the minimum market v","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925054263/0001104659-25-054263-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5450(b)(2)(A)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"7b9bed2ab4be5e6011e64e280ab03f44eb91e5d8","claim":"ScanTech AI Systems Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"May 22, 2025, ScanTech AI Systems Inc. (the “Company”) received a deficiency letter (the “Periodic Report Notice”) from Nasdaq Listing Qualifications of 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 Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025 (the “Quarterly Report”). The Periodic Report Notice has no immediate effect on the listing of the Company’s common stock on The Nasd","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925054263/0001104659-25-054263-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"late filing"},{"label":"Rules","value":"5250(c)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}