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ScanTech AI Systems Receives Noncompliance Notices From Nasdaq
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ScanTech AI Systems Receives Noncompliance Notices From Nasdaq
May 29, 2025 2:54 PM

05:32 PM EDT, 05/29/2025 (MT Newswires) -- ScanTech AI Systems ( STAI ) said late Thursday it received two notices from Nasdaq for noncompliance with listing rules.

The notices were issued because the company missed the deadline for filing the Form 10-Q report for the period that ended March 31, and it failed to maintain the minimum market value of listed securities of at least $50 million for 30 consecutive business days, the company said.

Neither of the notices immediately affects the stock listing, the company said.

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