ScanTech AI Systems Inc. has announced receiving a Nasdaq deficiency letter due to non-compliance with Nasdaq Listing Rule 5250(c)(1). The issue arises from the company's failure to timely file its Quarterly Report on Form 10-Q for the period ended June 30, 2025. ScanTech AI has 60 days to submit a compliance plan and aims to file the report as soon as possible. If needed, the company can appeal or seek an extension to address the deficiency.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ScanTech AI Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9520559-en) on August 29, 2025, and is solely responsible for the information contained therein.