ScanTech AI shares rise 10.58% premarket after regaining Nasdaq MVPHS compliance.

ScanTech AI surged 10.58% in premarket trading after announcing it has regained compliance with Nasdaq Listing Rule 5450(b)(2)(C) by meeting the $15 million minimum market value of publicly held shares (MVPHS) threshold for 16 consecutive trading days through November 4, 2025. The Nasdaq confirmation closed a critical listing deficiency, reducing near-term delisting risk and validating the company’s strategic re-compliance efforts, including enhanced financial oversight, engagement of Berkowitz Pollack Brant as auditor, and financing agreements with ARC Group International Ltd. CEO Dolan Falconer emphasized progress in stabilizing valuation and governance, while FSR Capital’s advisory role underscored disciplined execution of the compliance roadmap. The milestone, coupled with ongoing initiatives to strengthen capital structure and regulatory alignment, likely drove investor optimism amid prior volatility and governance challenges.