Scantech Ai Systems INC 8-K filings

ScanTech AI Systems Inc. resolved a $608,997.31 debt and related lawsuit by issuing 350,000 shares of common stock to Maximcash Solutions LLC.

ScanTech AI Systems Inc. has appointed Carr, Riggs & Ingram, LLC as its new independent auditor, replacing Berkowitz Pollack Brant, following the identification of multiple material weaknesses in its internal financial controls.

ScanTech AI Systems announced it has regained compliance with Nasdaq's periodic reporting and minimum bid price requirements, with one listing deficiency remaining.

ScanTech AI Systems Inc. defaulted on a business loan, received a demand for immediate payment, and is addressing Nasdaq listing compliance issues.

ScanTech AI Systems Inc. has secured a convertible promissory note of up to $270,900 from Vanquish Funding Group Inc. to bolster its working capital.

ScanTech AI Systems Inc. has filed its overdue quarterly report and enacted a 1-for-20 reverse stock split as part of its strategy to regain compliance with Nasdaq listing requirements.

ScanTech AI Systems Inc. will implement a 1-for-20 reverse stock split effective December 15, 2025, with adjusted trading beginning December 16, 2025.

ScanTech AI Systems Inc. announced the appointment of Michael D.P. Cavanaugh, an experienced leader in industrial automation and digital innovation, to its Board of Directors, enhancing strategic and governance capabilities.

ScanTech AI Systems Inc. announced it has been granted a hearing before the Nasdaq Hearings Panel and a temporary stay of its common stock suspension, allowing continued trading.

ScanTech AI Systems Inc. received a delisting notice from Nasdaq due to non-compliance with market value and periodic reporting rules.

ScanTech AI Systems Inc. amended a key agreement, settling legal fees and other obligations by issuing millions of common shares to Steele Lenders and Steele Interests, with potential for further dilution if registration deadlines are missed.

ScanTech AI Systems Inc. stockholders approved a significant increase in its equity incentive plan, adopted an evergreen provision, and authorized a reverse stock split, alongside director elections and auditor ratification.

ScanTech AI Systems Inc. announced a strategic partnership with unival group to expand AI-powered security technology deployments across Europe, the Middle East, and Africa.

ScanTech AI Systems Inc. announced it has regained compliance with Nasdaq's minimum market value of publicly held shares requirement, closing a previous deficiency.

ScanTech AI Systems Inc. announced it will restate its Q1 and Q2 2025 financial statements due to an accounting error related to compensation expense for non-redemption shares.

ScanTech AI Systems Inc. received a default notice on a $1 million senior secured promissory note, potentially triggering cross-defaults on other debt.

ScanTech AI Systems Inc. received default notices from two lenders, triggering accelerated repayment and increased interest, while also approving amended bylaws and setting its 2025 annual meeting.

ScanTech AI Systems Inc. has secured an equity line of credit of up to $50 million from ARC Group International Ltd., alongside an initial $500,000 PIPE investment, to fund AI-driven security technology development and Nasdaq compliance.

ScanTech AI Systems Inc. announced the appointment of Berkowitz Pollack Brant Advisors + CPAs as its new independent registered public accounting firm for the fiscal year ending December 31, 2025.

ScanTech AI Systems Inc.'s independent auditor, UHY LLP, resigned effective immediately after the company filed its quarterly report without a completed review.

ScanTech AI Systems Inc. has entered a consultancy agreement with FSR Capital to address Nasdaq compliance, SEC reporting, and capital markets strategy.

ScanTech AI Systems Inc. received a deficiency letter from Nasdaq for failing to timely file its Quarterly Report on Form 10-Q, initiating a 60-day period to submit a compliance plan.

ScanTech AI Systems Inc. announced the immediate resignation of director Thomas McMillen, leading to new committee appointments.

ScanTech AI Systems Inc. received a deficiency letter from Nasdaq for failing to maintain the required $15 million market value of publicly held shares, initiating a 180-day compliance period.

ScanTech AI Systems Inc. has been notified by Nasdaq of non-compliance with the minimum $1.00 bid price requirement, initiating a 180-day period for the company to regain compliance.

A technology company has entered into a senior secured promissory note agreement for up to $1.5 million at a 15% annual interest rate, accompanied by the issuance of significant equity and restrictive covenants.

ScanTech AI Systems Inc. announced the appointment of security industry veteran Brad Buswell as Chairman of the Board, succeeding Karl Brenza, who will continue as a consultant.

ScanTech AI Systems Inc. has received two deficiency letters from Nasdaq for failing to timely file its quarterly report and for not maintaining the minimum market value of listed securities, potentially leading to delisting if compliance is not regained.

ScanTech AI Systems Inc. has entered into a $500,000 loan agreement with Maximcash Solutions LLC, securing the loan with a pledge of common stock.

ScanTech AI Systems Inc. enters into agreements to settle outstanding debts and obligations with Polar Multi-Strategy Master Fund, John Redmond, and York Capital Management Global Advisors, LLC through the issuance of common stock.