ScanTech AI Systems Inc. Announces Nasdaq Delisting Determination, Pending Trading Suspension, and Intent to Seek OTCQB Quotation
ScanTech AI Systems Inc. (STAI)
Company Research
Source: GlobeNewswire
Atlanta, GA, Feb. 09, 2026 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a developer of advanced AI-powered security screening and imaging technologies, today provided an update regarding recent correspondence received from The Nasdaq Stock Market LLC (“Nasdaq”) related to the Company’s continued listing status. On February 4, 2026, the Company received a deficiency notice from Nasdaq’s Listing Qualifications Department indicating that, based on Nasdaq’s review of the Company’s market value of publicly held shares (“MVPHS”) for the 30 consecutive business days ended February 3, 2026, the Company did not meet the minimum MVPHS requirement of $15 million under Nasdaq Listing Rule 5450(b)(2)(C). In accordance with Nasdaq rules, the Company has a 180-day compliance period, through August 3, 2026, to regain compliance. Compliance may be achieved if the Company’s MVPHS closes at or above $15 million for a minimum of ten consecutive busines
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STAI
News
- Nasdaq flags ScanTech AI Systems for falling below $15M market value of public shares [Seeking Alpha]Seeking Alpha
- ScanTech AI Systems Inc. Announces Nasdaq Delisting Determination, Pending Trading Suspension, and Intent to Seek OTCQB Quotation [Yahoo! Finance]Yahoo! Finance
- ScanTech AI Systems Launches Collaborative Pilot Program with the City of Atlanta, in Preparation for 2026 FIFA Football World Cup Events [Yahoo! Finance]Yahoo! Finance
- ScanTech AI Systems Launches Collaborative Pilot Program with the City of Atlanta, in Preparation for 2026 FIFA Football World Cup EventsGlobeNewswire
- ScanTech AI Systems Management Presents Recompliance Plan to Nasdaq Hearing Panel, Provides Update on Re-Compliance ExecutionGlobeNewswire
STAI
Sec Filings
- 2/17/26 - Form SCHEDULE
- 2/12/26 - Form SCHEDULE
- 2/12/26 - Form 4
- STAI's page on the SEC website