ScanTech AI Systems Regains Compliance with Nasdaq Reporting Standards
Atlanta, GA, Jan. 12, 2026 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (Nasdaq: STAI) has announced that it has regained compliance with Nasdaq Listing Rule 5250(c)(1), ensuring it meets the periodic reporting requirements.
Compliance Achievements and Future Steps
Following the successful filing of its Form 10-Q for the quarter ended September 30, 2025, the Nasdaq Listing Qualifications staff has acknowledged that ScanTech AI has satisfied its reporting obligations, marking this compliance matter as moot. The Company is not only focused on restoring reporting compliance but has also taken significant initiatives to comply with broader regulatory requirements.
- Reverse Stock Split: Implemented to address bid-price mechanics.
- Submission of Written Materials: Completed in accordance with Nasdaq Listing Rule 5815.
- Engagement with Advisors: Collaborating to tackle remaining compliance issues in a systematic way.
Upcoming Nasdaq Hearings and Listing Status
As previously indicated, ScanTech AI is actively working to adhere to the Minimum Value of Listed Securities requirement. A hearing is scheduled for January 22, 2026, and the Company’s securities remain listed on Nasdaq while the hearings process is underway.
Financial Restructuring Efforts
In addition to compliance activities, ScanTech AI is assessing its capital structure and liquidity position. The Company is engaged in discussions with creditors regarding potential restructuring strategies. These negotiations are essential for enhancing the Company’s balance sheet and ensuring greater financial flexibility in the future.
Management believes these actions are a vital part of its overall plan to strengthen governance and financial reporting, ultimately aiming for increased stability as it navigates the remaining stages of the Nasdaq compliance process.
Outlook and Forward-Looking Statements
While management is optimistic about the path forward, there are no guarantees regarding the outcomes of the upcoming Nasdaq hearings or the Company’s ability to sustain compliance with all listing standards. Investors should note the inherent risks and uncertainties surrounding these forward-looking statements, as conditions may evolve.
About ScanTech AI Systems Inc.
ScanTech AI Systems Inc. (Nasdaq: STAI) specializes in advanced non-intrusive ‘fixed-gantry’ CT screening technologies. Our proprietary solutions leverage artificial intelligence and machine learning to detect hazardous materials and contraband with speed and accuracy. These innovations are crucial for security applications in various settings, including airports, seaports, government facilities, and more.
For further information, visit our website at www.scantechais.com.
Contact Information
D. Williams
Sr. VP Sales & Investor/Government Relations
Email: dwilliams@scantechais.com
Investor & Media Relations Contact:
Annabelle Zhang
International Elite Capital Inc.
Phone: +1(646) 866-7928
Email: annabelle@iecapitalusa.com