ScanTech AI shares surge 32.44% after-hours as delisting appeal hearing scheduled with Nasdaq.

ScanTech AI Systems Inc. surged 32.44% in after-hours trading following the announcement that it has initiated an appeal process with Nasdaq to challenge a delisting decision. The company secured a temporary stay until December 17, 2025, allowing its stock to continue trading on the Nasdaq Global Market while it seeks an extension of this period until the January 22, 2026, hearing outcome. The appeal, which includes a compliance plan addressing Nasdaq listing requirements and recent filing deficiencies, has injected optimism among investors, who are betting on a potential reprieve from delisting. The company emphasized that its operations remain unaffected, and management expressed confidence in demonstrating a path to compliance. This regulatory development, coupled with the filing of restated financials, directly underpinned the sharp after-hours rally.