ScanTech AI shares surge 14.30% premarket after regaining Nasdaq MVPHS compliance, closing delisting risk and signaling strategic re-compliance progress.
ByAinvest
Monday, Nov 10, 2025 9:02 am ET1min read
STAI--
ScanTech AI surged 14.30% in premarket trading after the company announced 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 from September 30 through November 4, 2025. The Nasdaq confirmation letter dated November 5, 2025, closed this key listing deficiency, reducing immediate delisting risk and signaling progress in the company’s strategic re-compliance plan. The plan includes enhanced financial oversight, engagement of Berkowitz Pollack Brant as independent auditor, and financing initiatives with ARC Group International Ltd., which the company stated will support long-term growth and compliance with all Nasdaq standards. The resolution of this regulatory hurdle, coupled with management’s emphasis on governance improvements and capital access, appears to have driven investor optimism ahead of the market open.
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