ScanTech AI Announces Receipt of Nasdaq Deficiency Letter

Atlanta, GA, April 23, 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, today announced that the Company received a letter from Nasdaq, dated April 17, 2025, stating that the Company is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Annual Report”). The Notice has no immediate effect on the listing of the Company’s common stock on The Nasdaq Global Market.

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