ScanTech AI Systems (Nasdaq: STAI) Updates on Nasdaq Compliance and Restructuring Efforts
Atlanta, GA, January 06, 2026 – ScanTech AI Systems Inc. (Nasdaq: STAI) has released a significant update regarding its Nasdaq listing compliance process as well as its ongoing restructuring and creditor management discussions. The Company is in the midst of addressing issues raised by Nasdaq’s Listing Qualifications Department and has requested a formal hearing to discuss these matters. This hearing is set for January 22, 2026, while the Company's securities remain listed on Nasdaq pending the outcome.
Details on Nasdaq Hearings and Compliance Actions
ScanTech AI has promptly submitted its written arguments to the Nasdaq Hearings Panel in accordance with Nasdaq Listing Rule 5815. In response to the issues identified, the Company has implemented several corrective actions. These include:
- Filing its latest periodic report in a timely manner.
- Executing a 1-for-20 reverse stock split effective December 16, 2025.
Ongoing Discussions with Creditors
In addition to compliance matters, ScanTech AI is actively evaluating its capital structure and liquidity position. The Company is engaged in negotiations with certain creditors to explore potential restructuring options or amendments to their obligations. It is important to note that no definitive agreements have been established at this time, and the Company may contest certain asserted defaults.
Forward-Looking Statements and Uncertainties
While ScanTech AI continues to work closely with its advisors to navigate these challenges, the outcomes of the Nasdaq hearings, compliance restoration, and restructuring efforts remain uncertain. The Company cautions stakeholders that various risk factors could materially impact its financial health and operational status.
About ScanTech AI Systems Inc.
ScanTech AI Systems Inc. (Nasdaq: STAI) specializes in advanced non-intrusive ‘fixed-gantry’ CT screening technology. Leveraging proprietary artificial intelligence and machine learning, the Company’s state-of-the-art scanners are capable of rapidly and accurately detecting hazardous materials and contraband. These solutions find application across multiple sectors including:
- Airports and seaports
- Borders and embassies
- Corporate headquarters and commercial buildings
- Factory and processing plants
Contact Information
For additional information, please visit www.scantechais.com and investor.scantechais.com.
For media inquiries, please contact:
D. Williams
Sr. VP Sales & Investor/Government Relations
dwilliams@scantechais.com
Investor Relations:
Annabelle Zhang
annabelle@iecapitalusa.com
Phone: +1(646) 866-7928
Disclaimer on Forward-Looking Statements
This communication contains “forward-looking statements” as defined by the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Stakeholders are encouraged to review the risks and uncertainties detailed in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.