{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-117770","form_type":"8-K","ticker":"STAI","cik":"0001994624","company_name":"ScanTech AI Systems Inc.","filed_at":"2025-12-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.237281+00:00","generated_at":"2026-05-16T15:47:54.212071+00:00","sec_items":["3.01","8.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"ScanTech AI receives Nasdaq delisting determination for MVLS and filing non-compliance","bullets":["Nasdaq notified ScanTech AI (STAI) on Nov 26, 2025 that its securities are subject to delisting from the Nasdaq Global Market due to non-compliance with MVLS rule and periodic reporting rule.","The Company failed to maintain minimum MVLS of $50M for 180 days (deadline Nov 23, 2025) and has not filed timely Form 10-Q for Q2 and Q3 2025.","ScanTech AI requested a hearing before Nasdaq Hearings Panel and an extended stay; automatic 15-day stay applies for reporting deficiency.","Filed amended 10-Q/A for Q1 and Q2 2025; expects to file Q3 10-Q soon; applied to transfer to Nasdaq Capital Market ($35M MVLS requirement).","Trading continues pending hearing; no assurance appeal or transfer application will be granted."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-117770","json":"https://secwatch.observer/filing/0001104659-25-117770.json","markdown":"https://secwatch.observer/filing/0001104659-25-117770.md","text":"https://secwatch.observer/filing/0001104659-25-117770.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925117770/0001104659-25-117770-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925117770/tm2532617d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:47:54.212071+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":"7a5a9d413e095ab36e6c972bfb2be1ad3c33ef62","claim":"ScanTech AI Systems Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).","evidence_excerpt":"he opening of business on December 5, 2025, and Nasdaq will file a Form 25-NSE with the U.S. Securities and Exchange Commission (“SEC”). The Company has requested a hearing before the Nasdaq Hearings Panel and paid the associated fee. Because the Notice cites non-compliance with Nasdaq Listing Rule 5250(c)(1) as an additional basis for the Staff determination, the Company expects to receive an automatic 15-day stay of suspension under Nasdaq Listing Rule 5815(a)(1)(B) in connection with that deficiency. The Company has also submitted a request for an extended stay of suspension applicable to t","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925117770/0001104659-25-117770-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5450(b)(2)(A)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"8eb406210e548ead509b29db1cace0e1520f4dd6","claim":"ScanTech AI Systems Inc. received a nasdaq delisting notice notice regarding late filing (rules 5250(c)(1)).","evidence_excerpt":"he opening of business on December 5, 2025, and Nasdaq will file a Form 25-NSE with the U.S. Securities and Exchange Commission (“SEC”). The Company has requested a hearing before the Nasdaq Hearings Panel and paid the associated fee. Because the Notice cites non-compliance with Nasdaq Listing Rule 5250(c)(1) as an additional basis for the Staff determination, the Company expects to receive an automatic 15-day stay of suspension under Nasdaq Listing Rule 5815(a)(1)(B) in connection with that deficiency. The Company has also submitted a request for an extended stay of suspension applicable to t","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1994624/000110465925117770/0001104659-25-117770-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting 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"}