ScanTech AI signs up to $50M equity line with ARC Group; initial $500K PIPE

ScanTech AI Systems Inc.

ELOC gives ScanTech AI right to sell up to $50M common stock to ARC Group over 36 months.
Initial PIPE: ARC purchases 1,403,863 shares at $0.35616 for $500,000.
Commitment fee: 3,869,969 shares (value $1.75M) and 1,907,898 pre-funded warrants issued.
Proceeds for working capital, AI security tech R&D, commercialization, and Nasdaq compliance.
Registration statement for resale must be filed within 60 days; draws limited to $5M per advance.

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This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.