ScanTech AI Management Confirms Solid Balance Sheet

Atlanta, GA, Feb. 11, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (NASDAQ: STAI) (the “Company” or “ScanTech AI”), a leading publicly-traded innovator of next-generation checkpoint security scanning products and technology, in a statement today, through its CEO, Dolan Falconer, confirmed the Company has no convertible or variable rate indebtedness and no dilutive equity structure on its balance sheet, a departure from many recent deSPAC transactions and a factor management believes is a powerful platform to finance its growth objectives. 

Read more at globenewswire.com