ScanTech AI Systems Inc. (STAI): Nasdaq/NYSE listing notice — ScanTech AI receives Nasdaq deficiency notice for MVPHS below $15M

ScanTech AI Systems Inc.

Nasdaq notified ScanTech AI on July 30, 2025 that its MVPHS was below $15M for 30 consecutive business days.
Company has 180 calendar days (until Jan 26, 2026) to regain compliance by closing MVPHS at $15M+ for 10 consecutive days.
If not regained, listing may be delisted; company can appeal or transfer to Nasdaq Capital Market.
No immediate effect on listing of common stock on Nasdaq Global Market.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

ScanTech AI Systems Inc. received a nasdaq noncompliance notice notice regarding market value (rules 5450(b)(2)(C)).

Exchange: nasdaq
Notice: noncompliance notice
Deficiency: market value
Rules: 5450(b)(2)(C)

Exact text from the filing

July 30, 2025, ScanTech AI Systems Inc. (the “Company”) received a deficiency letter (the “MVPHS Notice”) from Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“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 is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) to maintain a MVPHS of at least $15 million (the “MVPHS Requirement”). In accordance with Nasdaq rules, the Company has a period of 180 calendar days (o

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ScanTech AI Systems Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-073125

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