ScanTech AI Systems Inc. has confirmed that it has met Nasdaq’s minimum market‑value requirement, restoring full compliance with Listing Rule 5450(b)(2)(C). The company’s publicly held shares reached the $15 million threshold for 16 consecutive trading days from September 30 through November 4, 2025, and Nasdaq issued a formal notice of compliance on November 5. The announcement of this achievement was made on November 10, 2025, marking a critical milestone in the firm’s ongoing re‑compliance effort.
The 16‑day run of meeting the $15 million market‑value benchmark reflects a combination of rising share price and increased publicly held equity. ScanTech’s share price climbed from roughly $0.30 at the start of the period to $0.45 by November 4, while the number of shares held by the public grew as the company completed a secondary offering earlier in the year. Together, these changes lifted the market value of publicly held shares above the required threshold, satisfying Nasdaq’s rule that protects investors from companies with insufficient liquidity or market depth.
ScanTech attributes the rebound to a surge in demand for its fixed‑gantry CT scanners and AI‑powered screening solutions, driven by new contracts with several major airports and border‑control agencies. The company also announced a strategic partnership with a leading defense contractor to deploy its imaging platform in overseas ports, adding a high‑margin revenue stream. Management noted that the combination of product adoption and the new partnership has strengthened the company’s top‑line growth prospects and helped lift the share price.
The compliance milestone comes after a period of significant volatility. ScanTech’s stock had fallen more than 96 % over the previous year, with a market capitalization of about $28 million as of November 7. Earlier in 2025 the company faced multiple Nasdaq deficiency notices, including for a minimum bid price below $1.00 and delayed financial filings. The recent compliance restores the company’s listing status and removes the immediate delisting risk that had weighed heavily on investor sentiment.
CEO Dolan Falconer said the re‑compliance “underscores the tangible progress we’ve made in stabilizing our market valuation, strengthening governance, and aligning with our broader re‑compliance roadmap.” He added that each milestone—new auditor engagement, strategic capital access, and the recent partnership—reflects disciplined execution toward restoring full listing standards and building a platform for sustainable growth. FSR Group President Sam Tan echoed the sentiment, noting that ScanTech’s steady progress demonstrates a disciplined approach to governance and capital stewardship.
The Nasdaq confirmation of compliance is expected to bolster investor confidence and improve the company’s ability to raise capital in the future. By meeting the market‑value requirement, ScanTech eliminates the risk of delisting, which can deter potential investors and limit access to capital markets. The event signals that the company’s re‑compliance plan is on track and positions it to pursue further growth initiatives in the security‑screening and imaging sectors.
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