ScanTech AI Systems Inc., a prominent player in advanced security screening technologies, has received a notification from Nasdaq regarding a deficiency in its stock price. The company's common stock has fallen below the required minimum bid price of $1.00 per share over a 30-day period. To address this, ScanTech AI has until January 6, 2026, to restore compliance. If the company fails to meet this deadline, it may apply for a transfer to the Nasdaq Capital Market, provided it meets certain other listing standards. ScanTech AI is considering actions such as a reverse stock split to rectify the situation if necessary.
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