ScanTech AI Systems (STAI) 8-K Filing Summary

ScanTech AI Systems Inc. announced it can no longer rely on its previously filed unaudited interim financial statements for Q1 2025 and Q2 2025.

Critical Findings

• Item: Non-Reliance/Restatement (Item 4.02).
• Issue: Incorrect recognition of compensation expense related to 4.31M “Subject Shares” granted following the Business Combination Amendment No. 4. The expense was improperly recorded entirely in Q2 2025 instead of over a straight-line 90-day period.
• Internal Controls: Management has identified a *material weakness