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.