ScanTech AI Systems Inc.

09/03/2025 | Press release | Distributed by Public on 09/03/2025 06:31

ScanTech AI Announces Consultancy Agreement with FSR Capital to Bolster Compliance and Capital Markets Strategy (Form 8-K)

ScanTech AI Announces Consultancy Agreement with FSR Capital to Bolster Compliance and Capital Markets Strategy

Atlanta, GA, September 3, 2025 - ScanTech AI Systems Inc. (the "Company" or "ScanTech AI") (Nasdaq: STAI), a next-generation provider of AI-powered CT screening systems for aviation, customs, and critical infrastructure, today announced a consultancy agreement with FSR Group Pte. Ltd. ("FSR Capital") to provide specialized advisory services in capital markets, Nasdaq compliance, and SEC reporting. This forward-looking initiative highlights ScanTech AI's proactive commitment to resolving ongoing regulatory challenges, enhancing investor confidence, and positioning the Company for sustained growth in a competitive market.

FSR Capital brings a team with a proven track record of success in navigating Nasdaq compliance issues for public companies, including bid price deficiencies and filing delays, with a focus on achieving regulatory stability and share price improvement.

"Our ScanTech AI leadership team is taking decisive action to help overcome regulatory challenges and position the Company for long-term success," said Dolan Falconer, Chief Executive Officer of ScanTech AI. "By partnering with FSR Capital, we are working with a team that has a strong track record in De-SPAC turnarounds, directly relevant to our situation. We believe this engagement will accelerate our path to compliance while creating a stronger foundation for improved liquidity, greater market stability, and enhanced stockholder value."

Calvin Ling, President of FSR Capital, commented: "We are thrilled to work with ScanTech AI during this pivotal time. Our team's proven track record in resolving Nasdaq compliance matters and optimizing investor relations-demonstrated through successful guidance for companies facing listing standards and capital market pressures-positions us to deliver tailored strategies that help to drive regulatory resolution and long-term market success for ScanTech AI."

FSR Capital specializes in strategic advisory for public companies facing complex regulatory and market dynamics, ensuring adherence to regulatory compliance while fostering growth opportunities.

This engagement aligns with ScanTech AI's ongoing innovations in AI-driven security solutions. The Company remains committed to operational excellence and transparent communication.

About ScanTech AI

ScanTech AI Systems Inc. (Nasdaq: STAI) has developed one of the world's most advanced non-intrusive 'fixed-gantry' CT screening technologies. Utilizing proprietary artificial intelligence and machine learning capabilities, ScanTech AI's state-of-the-art scanners accurately and quickly detect hazardous materials and contraband. Engineered to automatically locate, discriminate, and identify threat materials and items of interest, ScanTech AI's solutions are designed for use in airports, seaports, borders, embassies, corporate headquarters, government and commercial buildings, factories, processing plants, and other facilities where security is a priority.

For more information, visit www.scantechais.com and investor.scantechais.com.

ScanTech AI Systems Inc. published this content on September 03, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 03, 2025 at 12:32 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]