{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-098541","form_type":"8-K","ticker":"STAI","cik":"0001994624","company_name":"ScanTech AI Systems Inc.","filed_at":"2025-10-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.235133+00:00","generated_at":"2026-05-17T04:06:46.822470+00:00","sec_items":["1.01","3.02","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ScanTech AI signs up to $50M equity line with ARC Group; initial $500K PIPE","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-098541","json":"https://secwatch.observer/filing/0001104659-25-098541.json","markdown":"https://secwatch.observer/filing/0001104659-25-098541.md","text":"https://secwatch.observer/filing/0001104659-25-098541.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925098541/0001104659-25-098541-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925098541/tm2528379d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:06:46.822470+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":"c68b6b872806e4640d3428285c52331e503ccc8a","claim":"ScanTech AI Systems Inc. issued 3,365,934 shares of common stock of common stock to ARC Group International Ltd..","evidence_excerpt":"the Company agreed to issue to the Investor in satisfaction of its obligations for the Commitment Fee Shares and Subscription Shares, 3,365,934 shares of common stock and 1,907,898 pre-funded warrants","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925098541/0001104659-25-098541-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"common stock"},{"label":"Shares","value":"3,365,934 shares of common stock"},{"label":"Purchaser","value":"ARC Group International Ltd."}],"fact_type":"equity_issuance"},{"claim_id":"edadf82932b5f3ca5b17d7215f4241c661053d17","claim":"ScanTech AI Systems Inc. issued 1,907,898 pre-funded warrants of warrant to ARC Group International Ltd..","evidence_excerpt":"the Company agreed to issue to the Investor in satisfaction of its obligations for the Commitment Fee Shares and Subscription Shares, 3,365,934 shares of common stock and 1,907,898 pre-funded warrants","evidence_source":"SEC 8-K Item 3.02/3.03","evidence_url":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925098541/0001104659-25-098541-index.htm","confidence":0.9,"family_label":"Equity Issuances","details":[{"label":"Security","value":"warrant"},{"label":"Shares","value":"1,907,898 pre-funded warrants"},{"label":"Purchaser","value":"ARC Group International Ltd."}],"fact_type":"equity_issuance"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}