ScanTech regains Nasdaq market value of publicly held shares compliance

ScanTech (STAI) AI Systems announced that it has received formal notice from The Nasdaq Stock Market LLC confirming that the Company has regained compliance with Nasdaq Listing Rule 5450(b)(2)(C) – requiring a minimum market value of publicly held shares, MVPHS, of $15 million. According to the Nasdaq letter dated November 5, 2025, the Company’s MVPHS was at or above the $15 million threshold for 16 consecutive trading days from September 30 through November 4, 2025, and as a result, the matter is now closed. Dolan Falconer, Chief Executive Officer of ScanTech AI, stated: “This recompliance confirmation from Nasdaq underscores the tangible progress we’ve made in working to stabilize our market valuation, strengthen governance, and align with our broader re-compliance roadmap. We believe each milestone – from new auditor engagement to strategic capital access – reflects disciplined execution toward restoring full listing standards and building a platform for sustainable growth.”