SCANTECH AI SYS INC. O.N. Aktie

ScanTech AI Systems issues 350,000 common shares to Maximcash to settle an alleged liability of USD 608,997.31; Maximcash unconditionally waives claims and will withdraw its lawsuit. The agreement cancels the original loan agreement and grants Maximcash piggyback registration rights. ScanTech also reports compliance with the NASDAQ minimum bid price requirement, filed its quarterly report for the period ended September 30, 2025, and completed a convertible note financing of USD 270,900 with 10% annual interest, maturing October 22, 2026. » Más en de.investing.com

ScanTech AI Systems issued a convertible note to Vanquish Funding for up to $270,900, bearing interest at 10% p.a. and maturing on October 22, 2026. Vanquish may convert all or part of the note into common shares after 180 days; the conversion price is 75% of the average of the two lowest trading prices in the ten days prior to conversion. The agreement includes an issuance discount, conversion and ownership caps (4.99% and 19.99%), and staggered prepayment premiums (120% and 125%). Additionally, ScanTech filed its overdue quarterly report, requested a NASDAQ hearing for January 2026, completed a 1-for-20 stock split, and appointed Michael D.P. Cavanaugh to the board of directors. » Más en de.investing.com

ScanTech AI filed the quarterly report for Sept. 30, 2025, in response to a NASDAQ delisting notice. The company requested a hearing before the NASDAQ Hearings Panel on Jan. 22, 2026, and remains listed pending the decision. To meet the minimum listing requirement, ScanTech approved a 1-for-20 reverse stock split; at the same time the balance sheet shows weak liquidity, rapid cash burn and $23.27 million of debt. There is no guarantee the listing will be retained, and the company plans to present its compliance plan at the hearing. » Más en de.investing.com