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ScanTech AI Systems Regains Bid Price Compliance, Resolves Multiple Nasdaq Deficiencies, and Advances Final Phase of Re-Compliance Plan

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Atlanta, GA, Jan. 14, 2026 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech ...

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AI Summary

ScanTech AI regained compliance with Nasdaq bid price requirements. The company resolved multiple listing deficiencies, improving overall compliance. Future focus on Minimum Value of Listed Securities for Nasdaq compliance. Ongoing discussions with creditors for financial restructuring. Progress in re-compliance enhances investor confidence and stability.

Sentiment Rationale

Regaining compliance with Nasdaq boosts investor sentiment. Historically, compliance announcements can trigger price recoveries.

Trading Thesis

Upcoming Nasdaq hearing on compliance will have immediate implications on stock stability.

Market-Moving

  • ScanTech AI regained compliance with Nasdaq bid price requirements.
  • The company resolved multiple listing deficiencies, improving overall compliance.
  • Future focus on Minimum Value of Listed Securities for Nasdaq compliance.

Key Facts

  • ScanTech AI regained compliance with Nasdaq bid price requirements.
  • The company resolved multiple listing deficiencies, improving overall compliance.
  • Future focus on Minimum Value of Listed Securities for Nasdaq compliance.
  • Ongoing discussions with creditors for financial restructuring.
  • Progress in re-compliance enhances investor confidence and stability.

Companies Mentioned

  • FSR (FSR)
  • NDAQ (NDAQ)

Corporate Developments

Compliance restores credibility; future requirements and hearings will further influence stock performance.

ScanTech AI Systems (Nasdaq: STAI) Regains Compliance with Nasdaq Bid Price Standards

Atlanta, GA, Jan. 14, 2026 (GLOBE NEWSWIRE) — ScanTech AI Systems Inc. (Nasdaq: STAI) has announced significant progress in its Nasdaq listing compliance efforts. The company confirmed that it has regained compliance with the Nasdaq minimum bid price requirement, eliminating a key deficiency. This announcement comes as part of a larger remediation plan aimed at resolving multiple Nasdaq deficiencies and enhancing the company’s regulatory, governance, and financial standing.

Key Compliance Milestones Achieved

ScanTech AI received written confirmation from Nasdaq that its common stock has maintained a closing bid price of at least $1.00 per share for the necessary duration. Additionally, the company previously regained compliance with:

  • Nasdaq Listing Rule 5250(c)(1), pertaining to periodic reporting, after the filing of its Form 10-Q for the quarter ending September 30, 2025, and the amended Form 10-Q for the quarter ending June 30, 2025.
  • The minimum value of publicly held shares requirement.

Remediation and Re-compliance Plan Overview

The resolution of these deficiencies reflects a series of corrective actions taken as part of ScanTech AI's structured remediation strategy. This includes the implementation of a reverse stock split and collaboration with FSR Group, through its capital markets division, FSR Capital, for strategic advisory support in compliance initiatives.

FSR Capital has played a crucial role in coordinating remediation efforts, which include:

  • Reviewing the company’s capital structure.
  • Sequencing of remediation actions.
  • Engaging with professional advisors to support ongoing compliance.

Pending Nasdaq Listing Panel Hearing

With the resolution of multiple deficiencies such as the minimum bid price, periodic reporting, and market value of publicly held shares, ScanTech AI is focusing on addressing its remaining compliance issue: the Minimum Value of Listed Securities requirement. A hearing before the Nasdaq Hearings Panel is set for January 22, 2026, where the company expects its securities to remain listed pending the hearing outcome.

Debt Restructuring and Financial Stability Initiatives

Alongside compliance efforts, ScanTech AI is actively evaluating its capital structure and liquidity position. The company is engaged in constructive negotiations with creditors for potential restructuring to resolve outstanding obligations. These discussions are integral to reinforcing the company’s balance sheet and enhancing financial flexibility, yet no definitive agreements have been made.

Management’s Confidence in Future Compliance

Management believes the actions thus far indicate substantial progress in re-compliance, with only one remaining Nasdaq issue. However, there is no assurance on the outcome of the upcoming Nasdaq hearings or the company's sustained compliance with all listing standards.

About ScanTech AI Systems Inc.

ScanTech AI (Nasdaq: STAI) specializes in advanced non-intrusive ‘fixed-gantry’ CT screening technology. Their innovative scanners, powered by proprietary artificial intelligence and machine learning, are designed to efficiently detect hazardous materials and contraband. These solutions serve critical infrastructure such as airports, seaports, and government buildings where security is paramount.

For further information, visit www.scantechais.com or investor.scantechais.com.

Forward-Looking Statements

This announcement contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These include expectations concerning compliance with Nasdaq listing standards and potential outcomes from ongoing restructuring discussions. Actual outcomes may differ due to various factors including market conditions and the results of the Nasdaq Hearings Panel process.

Media Contact Information

ScanTech AI Systems Inc.
D. Williams, Sr. VP Sales & Investor/Government Relations
Email: dwilliams@scantechais.com

Investor & Media Relations Contact:
International Elite Capital Inc.
Annabelle Zhang
Phone: +1(646) 866-7928
Email: annabelle@iecapitalusa.com

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