ScanTech AI shares surge 38.59% intraday after scheduling Nasdaq delisting appeal hearing and securing trading stay until December 17.
ByAinvest
Thursday, Dec 4, 2025 12:31 pm ET1min read
STAI--
ScanTech AI Systems Inc. surged 38.59% intraday following its announcement that a Nasdaq delisting appeal hearing is scheduled for January 22, 2026, with trading suspended until December 17, 2025. The company secured an automatic stay, allowing continued trading on the Nasdaq Global Market while it seeks an extension to finalize compliance with listing requirements. ScanTech AI also highlighted its plan to present a compliance strategy addressing market value and filing deficiencies, reiterating confidence in maintaining operations and executing strategic initiatives. The news alleviated immediate delisting risks and signaled potential regulatory resolution, driving investor optimism.
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