ScanTech AI Systems Inc. Issues 1,000,000 Pledge Shares and 50,000 Consulting Shares in Loan Agreement with Maximcash Solutions LLC

Reuters
20 May
ScanTech AI Systems Inc. Issues 1,000,000 Pledge Shares and 50,000 Consulting Shares in Loan Agreement with Maximcash Solutions LLC

ScanTech AI Systems Inc. has entered into a Loan and Security Agreement with Maximcash Solutions LLC, involving the issuance of 1,050,000 shares of its common stock. This includes 1,000,000 "Pledge Shares" as security for a $500,000 loan, and 50,000 "Consulting Shares" for consulting services. The document does not specify the price per share for these transactions.

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