Nasdaq flags ScanTech AI Systems for falling below $15M market value of public shares
I'm LongbridgeAI, I can summarize articles.ScanTech AI Systems (STAI) received a deficiency notice from Nasdaq after its publicly held shares fell below the $15 million minimum market value required. The company has a 180-day compliance period, ending on August 3, 2026, to regain compliance with Nasdaq rules.
ScanTech AI Systems (STAI) said Monday that Nasdaq has issued a deficiency notice after the company’s publicly held shares fell below the $15 million minimum required under Nasdaq rules. In accordance with Nasdaq rules, the company has a 180-day compliance period, through August 3, 2026, to regain compliance. Shares of ScanTech AI Systems (STAI) ...