ScanTech (STAI) announced that the company received a letter from Nasdaq, related to non-compliance with a certain listing requirement. On August 26, the company received a letter from Nasdaq stating that the company is not in compliance with the requirements of Nasdaq Listing Rule 5250 as a result of not having timely filed with the SEC its quarterly report on Form 10-Q for the quarterly period ended June 30. The notice has no immediate effect on the listing of the company’s common stock on Nasdaq.
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