---
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"
generated_at: "2026-05-16T15:47:54.212071+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# ScanTech AI receives Nasdaq delisting determination for MVLS and filing non-compliance

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-117770
- JSON: https://secwatch.observer/filing/0001104659-25-117770.json
- Plain text: https://secwatch.observer/filing/0001104659-25-117770.txt

## Key facts
- Listing & Compliance Notices
  ScanTech AI Systems Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1994624/000110465925117770/0001104659-25-117770-index.htm
- Listing & Compliance Notices
  ScanTech AI Systems Inc. received a nasdaq delisting notice notice regarding late filing (rules 5250(c)(1)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: late filing
  - Rules: 5250(c)(1)
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1994624/000110465925117770/0001104659-25-117770-index.htm

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