ScanTech AI Systems Inc. received a notice from Nasdaq that its stock price has been below $1.00 per share for 30 consecutive business days. The company has 180 days, until January 6, 2026, to regain compliance by having the stock price at $1.00 per share for 10 consecutive days. If compliance is not met, the company may apply to transfer its listing to The Nasdaq Capital Market. ScanTech AI develops advanced security screening technologies for detecting hazardous materials and contraband in various facilities. The company’s scanners use artificial intelligence and machine learning for accurate threat detection.

Read more at GlobeNewswire: ScanTech AI Announces Receipt of Nasdaq Deficiency Letter