{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-012229","form_type":"8-K","ticker":"STAI","cik":"0001994624","company_name":"ScanTech AI Systems Inc.","filed_at":"2026-02-10T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.950146+00:00","generated_at":"2026-05-16T03:40:34.745361+00:00","sec_items":["3.01","7.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"ScanTech AI receives Nasdaq delisting notice; trading suspended Feb 10","bullets":["On Feb 4, 2026, Nasdaq notified ScanTech AI of MVPHS deficiency ($15M minimum) with 180-day cure period.","On Feb 6, 2026, Nasdaq Hearing Panel denied continued listing citing violations of Listing Rules 5250(c)(1) and 5450(b)(2)(A).","Trading of STAI common stock on Nasdaq Global Market suspended at open on Feb 10, 2026.","Company has 15 days to appeal to Nasdaq Listing and Hearing Review Council; intends to do so.","Company plans to apply for quotation on OTCQB Venture Market, but approval not assured."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-012229","json":"https://secwatch.observer/filing/0001104659-26-012229.json","markdown":"https://secwatch.observer/filing/0001104659-26-012229.md","text":"https://secwatch.observer/filing/0001104659-26-012229.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1994624/000110465926012229/0001104659-26-012229-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1994624/000110465926012229/tm265688d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T03:40:34.745361+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":"eba765ca498b0316056b2515732fb6e71466a5db","claim":"ScanTech AI Systems Inc. received a nasdaq delisting notice notice regarding other (rules 5250(c)(1), 5450(b)(2)(A)).","evidence_excerpt":"February 6, 2026, the Company received a delisting letter (the “Delisting Letter”) notifying the Company of the Nasdaq Hearing Panel’s (the “Panel”) determination to deny the Company’s request to continue its listing on the Nasdaq Global Market. The Panel determined the Company to be in violation of Listing Rules 5250(c)(1) and 5450(b)(2)(A), the Periodic Filing Rule, and the MVLS Rule, respectively. As previously disclosed, the decision was based on the hearing of the Panel held on January 22, 2026. Trading in the Company’s securities will be suspended at the open of trading on February 10, 2","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1994624/000110465926012229/0001104659-26-012229-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"delisting notice"},{"label":"Rules","value":"5250(c)(1), 5450(b)(2)(A)"}],"fact_type":"exchange_compliance_notice"},{"claim_id":"fc94a5c296f255550ef571c5c6f3def687a782f3","claim":"ScanTech AI Systems Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(C)).","evidence_excerpt":"February 4, 2026, ScanTech AI Systems Inc. (the “Company”) received a deficiency letter (the “MVPHS Notice”) from Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon Nasdaq’s review of the Company’s market value of publicly held shares (“MVPHS”) for previous 30 consecutive business days ended February 3, 2026, the Company is not in compliance with Nasdaq Listing Rule 5450(b)(2)(C) to maintain a MVPHS of at least $15 million (the “MVPHS Requirement”). In accordance with Nasdaq rules, the Company was provided 180 calendar days","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1994624/000110465926012229/0001104659-26-012229-index.htm","confidence":0.95,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"market value"},{"label":"Rules","value":"5450(b)(2)(C)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}