Home / Auditor changes / ScanTech AI Systems Inc.
Filed 2025-10-08 路 Form 8-K 路 Accession 0001104659-25-097970 small
Price before filing: $8.72 (2025-10-07 close, split/dividend-adjusted)
Market cap at flag: $533.1M (2025-10-08) 路 Latest: $11,794 (2026-10-16)
| Window | STAI | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -0.7% | +0.3% | -1.0% | 2025-11-07 |
| 90 days | -63.8% | +3.7% | -67.5% | 2026-01-06 |
| 180 days | -98.4% | -1.0% | -97.4% | 2026-04-06 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $168K (3 sales)
30 days after: 1 insider sold $190K (3 sales)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-07-29 | SEAPORT GLOBAL ASSET MANAGEMENT LLC 10% owner | Sale | 5,000 | $1.01 | $5K | no | Form 4 |
| 2025-07-30 | SEAPORT GLOBAL ASSET MANAGEMENT LLC 10% owner | Sale | 110,000 | $0.95 | $104K | no | Form 4 |
| 2025-09-19 | SEAPORT GLOBAL ASSET MANAGEMENT LLC 10% owner | Sale | 115,000 | $0.51 | $58K | no | Form 4 |
| 2025-10-08: red flag filed | |||||||
| 2025-10-10 | SEAPORT GLOBAL ASSET MANAGEMENT LLC 10% owner | Sale | 125,000 | $0.73 | $91K | no | Form 4 |
| 2025-10-27 | SEAPORT GLOBAL ASSET MANAGEMENT LLC 10% owner | Sale | 133,628 | $0.69 | $93K | no | Form 4 |
| 2025-10-28 | SEAPORT GLOBAL ASSET MANAGEMENT LLC 10% owner | Sale | 10,000 | $0.66 | $7K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-07-10 to 2025-11-07. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"(the "Company") appointed Berkowitz Pollack Brant Advisors + CPAs ("BPB") to serve as the Company's new independent registered public accounting firm."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: changed
Disagreements reported: yes
New auditor: Berkowitz Pollack Brant Advisors + CPAs
Why this score: disagreements reported; also within 90 days: Going-concern doubt, Late quarterly report (NT 10-Q), Non-reliance / restatement
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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