---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-105690"
form_type: "8-K"
ticker: "STAI"
cik: "0001994624"
company_name: "ScanTech AI Systems Inc."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:57:31.163584+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ScanTech AI restates Q1 & Q2 2025 financials; non-reliance on prior filings

## Summary
- Company concluded unaudited Q1 and Q2 2025 statements should no longer be relied upon due to compensation expense error for 4,314,800 Subject Shares.
- Error: compensation recorded entirely in Q2 instead of straight-line over 90 days per ASC 718; Q1 and Q2 restatements planned.
- Material weakness in internal control over financial reporting identified related to this matter; remediation plan to be included in amended filings.
- Restatement not expected to have material impact on future operations, but internal review ongoing; immaterial adjustments may also be made.
- Audit Committee discussed the matter with independent accountants Berkowitz Pollack Brant.

## SEC filing metadata
- accession: 0001104659-25-105690
- form_type: 8-K
- ticker: STAI
- cik: 0001994624
- company_name: ScanTech AI Systems Inc.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1994624/000110465925105690/0001104659-25-105690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1994624/000110465925105690/tm2530131d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-105690
- JSON: https://secwatch.observer/filing/0001104659-25-105690.json
- Plain text: https://secwatch.observer/filing/0001104659-25-105690.txt

## Key facts
- Auditor Changes
  ScanTech AI Systems Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Berkowitz Pollack Brant Advisors + CPAs
  source text: On October 30, 2025, the Company’s management and the Audit Committee of the Board of Directors of ScanTech AI Systems Inc. (the “Company”) concluded that the Company’s unaudited interim consolidated financial statements for the quarters ended March 31, 2025 and June 30, 2025 (collectively, the “Affected Financials”), as previously filed with the Securities and Exchange Commission (“SEC”), should no longer be relied upon because of an error related to redemption shares and should therefore be restated.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1994624/000110465925105690/0001104659-25-105690-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.