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ScanTech AI Systems Regains Bid Price Compliance, Resolves Multiple Nasdaq Deficiencies, and Advances Final Phase of Re-Compliance Plan
Globenewswire· 2026-01-14 13:30
Core Viewpoint - ScanTech AI Systems Inc. has successfully regained compliance with Nasdaq listing requirements, addressing multiple deficiencies and positioning itself for future stability [2][3][4]. Compliance Progress - The company has received confirmation from Nasdaq that it has met the minimum bid price requirement, maintaining a closing bid price of at least $1.00 per share [2]. - Compliance with Nasdaq Listing Rule 5250(c)(1) has also been regained following the filing of its Form 10-Q for the quarter ended September 30, 2025, and an amended Form 10-Q for the quarter ended June 30, 2025 [3]. - The company has resolved multiple listing deficiencies, including periodic reporting and minimum value of publicly held shares [3]. Remediation Actions - A structured remediation plan has been implemented to address legacy compliance issues, which includes a reverse stock split and engagement with professional advisors [4]. - FSR Group has been engaged to provide strategic and capital markets advisory support, assisting in the coordination of remediation efforts [5]. Remaining Compliance Issues - The company is currently addressing a single remaining deficiency related to the Minimum Value of Listed Securities requirement, with a hearing scheduled for January 22, 2026 [6]. - The company expects its securities to remain listed on Nasdaq pending the outcome of the hearings process [6]. Financial Position and Strategy - Ongoing discussions with creditors are taking place regarding potential restructuring and resolution of outstanding obligations, which are part of the broader remediation plan [7]. - The company aims to strengthen its balance sheet and improve financial flexibility to support long-term stability [7]. Management's Outlook - Management believes that the actions taken demonstrate substantial progress in re-compliance efforts, narrowing remaining issues to a single matter [8].
Jeffs' Brands: KeepZone AI Aims to Transform Homeland Security as a One-Stop Shop for Integrated Solutions
Globenewswire· 2026-01-12 14:28
Core Insights - KeepZone AI Inc., a subsidiary of Jeffs' Brands Ltd, is expanding into the global homeland security sector with AI-driven solutions to address modern security challenges [1][3] - The global security screening market is projected to grow from $10.71 billion in 2026 to $18.26 billion by 2034, with a CAGR of 6.9% [2] - KeepZone aims to integrate innovative systems for comprehensive security solutions, focusing on border protection, critical infrastructure, and public safety [4][14] Strategic Motive - Jeffs' Brands recognizes the potential of the homeland security market and has launched KeepZone to leverage AI for proactive threat mitigation [2][3] - KeepZone's strategy includes forming partnerships with Israeli firms known for their defense and cyber expertise to build a diverse portfolio of security technologies [4] Market Entry and Expansion - KeepZone entered the market with a distribution agreement with Scanary Ltd, granting exclusive rights in Canada, Germany, and the UAE, and the ability to screen up to 25,000 people per hour [6] - The appointment of Alon Dayan as CEO is expected to enhance KeepZone's leadership and drive international growth [7] - A successful live pilot at Pais Arena Jerusalem demonstrated the effectiveness of KeepZone's technology in real-world scenarios [8] Technology Integration - KeepZone is positioned as a one-stop shop, integrating various technologies to create cohesive security solutions, which simplifies procurement and enhances operational effectiveness [13] - The company has signed agreements with Zorronet and RT LTA Systems to expand its portfolio with AI-driven security operations and aerial surveillance systems [9][11] Future Outlook - KeepZone is poised for growth amid rising geopolitical tensions and technological advancements, with expectations to redefine the homeland security market [14] - Jeffs' Brands anticipates that KeepZone's activities will deliver value to shareholders by capitalizing on market growth and forming strategic partnerships [15]
ScanTech AI Systems Announces Regained Nasdaq Reporting Compliance and Continued Progress on Re-Compliance and Restructuring Initiatives
Globenewswire· 2026-01-12 13:30
Core Viewpoint - ScanTech AI Systems Inc. has regained compliance with Nasdaq Listing Rule 5250(c)(1) following the filing of its Form 10-Q for the quarter ended September 30, 2025, and is actively working on broader compliance initiatives [1][2]. Compliance and Reporting - The company has successfully met the periodic reporting requirement, and this issue has been deemed moot by Nasdaq [2]. - Actions taken to restore compliance include a reverse stock split and timely submissions to the Nasdaq Hearings Panel [3]. Ongoing Compliance Efforts - The company is addressing the Minimum Value of Listed Securities requirement, with a hearing scheduled for January 22, 2026 [4]. - The company's securities remain listed on Nasdaq pending the outcome of the hearings process [4]. Financial Restructuring - The company is evaluating its capital structure and liquidity position, engaging in discussions with creditors regarding potential restructuring or amendments to outstanding obligations [5]. - These discussions are part of a broader strategy to strengthen the company's balance sheet and financial flexibility [5]. Management's Perspective - Management believes that the actions taken reflect significant progress in addressing compliance matters and enhancing governance and reporting discipline [6]. - The company aims to position itself for greater stability as it navigates the remaining stages of the Nasdaq compliance process [6]. Company Overview - ScanTech AI Systems Inc. specializes in advanced non-intrusive 'fixed-gantry' CT screening technologies, utilizing AI and machine learning to detect hazardous materials [7].
Cloudastructure Launches AI-Powered Security Enclosure
Globenewswire· 2026-01-09 14:00
Core Insights - Cloudastructure, Inc. has launched a new powered security enclosure designed for advanced remote monitoring and intelligent security analytics in high-risk environments, marking its first commercial sale and multi-site deployment with a national construction firm [1][3]. Company Overview - Cloudastructure is a leader in AI-powered video surveillance and remote monitoring, headquartered in Palo Alto, California. The company offers a scalable cloud-based architecture featuring cloud video surveillance with proprietary AI/ML analytics and a seamless remote guarding solution [8]. Customer Profile - The customer is a privately held construction company founded in 1989, with a history of completing over $2 billion in construction projects and employing over 500 professionals. It operates in utility construction, renewable energy, and commercial and industrial development [2]. Deployment Details - The deployment includes installations across four locations in Illinois, Ohio, and Maryland, supporting operations for a manufacturing facility of a well-known food brand. This is the customer's second purchase of Cloudastructure technology, expanding from its initial use in the solar and renewable energy division [3][4]. Product Features - The powered security enclosure is designed for rapid deployment in environments where traditional infrastructure is inadequate, eliminating the need for costly point-to-point connectivity. It supports wireless operations and enables real-time surveillance and proactive remote guarding [4][5]. Strategic Impact - The deployment illustrates a shift in how customers are rethinking security infrastructure, allowing for the extension of AI-powered surveillance to previously difficult-to-secure locations. The solution boasts a 98% deterrence rate, enhancing operational confidence and risk management [5][6].
ScanTech AI Systems Provides Update on Nasdaq Trading, Hearings Process, and Ongoing Restructuring Discussions
Globenewswire· 2026-01-06 13:30
Core Viewpoint - ScanTech AI Systems Inc. is currently undergoing a Nasdaq listing compliance process and is engaged in restructuring discussions with creditors, with a hearing scheduled for January 22, 2026 [2][5]. Group 1: Nasdaq Listing Compliance - The Company has requested a hearing before the Nasdaq Hearings Panel due to compliance issues identified by Nasdaq's Listing Qualifications Department [2]. - The Company's securities remain listed on Nasdaq pending the outcome of the hearings process [2]. - A 1-for-20 reverse stock split was implemented, effective December 16, 2025, as part of corrective actions taken by the Company [3]. Group 2: Restructuring and Creditor Management - The Company is evaluating its capital structure and liquidity position while engaging in discussions with creditors regarding potential restructuring or resolution of outstanding obligations [4]. - Ongoing discussions with creditors may involve disputes over certain asserted defaults or amounts, with no definitive agreements reached yet [4]. - The Company is working with advisors to address both listing compliance and broader restructuring considerations in an orderly manner [5]. Group 3: Company Overview - ScanTech AI Systems Inc. has developed advanced non-intrusive 'fixed-gantry' CT screening technologies that utilize proprietary AI and machine learning to detect hazardous materials [6]. - The Company's solutions are designed for high-security environments such as airports, seaports, borders, and government buildings [6].
Jeffs' Brands: KeepZone AI Expands its Homeland Security Portfolio with Entry into Representation Agreement for RT LTA Systems'sAdvanced Aerostat Systems
Globenewswire· 2026-01-05 13:50
Core Insights - Jeffs' Brands Ltd is expanding into the global homeland security sector through its subsidiary KeepZone AI Inc, focusing on AI-driven solutions [1][5] - KeepZone has entered a representation agreement with RT LTA Systems Ltd to promote and facilitate sales of RT's advanced aerostat systems [2][4] Group 1: Partnership and Product Offerings - The agreement with RT allows KeepZone to promote SkyStar aerostat systems, which are designed for intelligence, surveillance, reconnaissance, and communications [2][3] - SkyStar systems have accumulated over 7 million operational hours and are deployed worldwide for various military and security applications [2][7] - KeepZone's portfolio also includes exclusive agreements for AI-radar threat detection systems and an autonomous Security Operations Center [3][4] Group 2: Strategic Expansion - The partnership with RT enhances KeepZone's capabilities in providing comprehensive security ecosystems that integrate aerial surveillance with ground-based AI solutions [4][5] - Jeffs' Brands aims to leverage its data-driven operations to capitalize on the significant growth potential in the homeland security market [5]
Liberty Announces Closing of Initial Tranche of Listed Issuer Financing Exemption (LIFE) Offering
Globenewswire· 2025-12-31 21:30
Core Viewpoint - Liberty Defense Holdings Ltd. has successfully closed the first tranche of a non-brokered private placement, raising approximately $1.75 million to support the production of its HEXWAVE technology and meet increasing demand for its products [1][4]. Group 1: Offering Details - The private placement consists of 7,941,671 units priced at $0.22 per unit, resulting in gross proceeds of about $1,747,167 [1]. - Each unit includes one common share and one warrant, allowing the holder to purchase an additional common share at $0.30 from March 2, 2026, until December 31, 2027 [2]. - The offering was completed under the listed issuer financing exemption, meaning the securities are not subject to a hold period under Canadian securities laws [3]. Group 2: Use of Proceeds - The funds raised will be utilized to enhance the production of HEXWAVE technology, addressing the growing demand and fulfilling existing customer orders [4]. Group 3: Company Overview - Liberty Defense Holdings Ltd. specializes in AI-based detection solutions for concealed weapons, targeting high-traffic areas requiring enhanced security, such as airports and schools [6]. - The company has secured an exclusive license from MIT for its HEXWAVE product, which offers advanced detection capabilities for both metallic and non-metallic threats [6].
Alphavest Acquisition Corp(ATMVU) - Prospectus
2025-12-30 21:01
As filed with the Securities and Exchange Commission on December 30, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _______________________ AMC Robotics Corporation (Exact name of registrant as specified in its charter) _______________________ Delaware 7372 41-3041844 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S ...
AlphaVest Acquisition p(ATMV) - Prospectus
2025-12-30 21:01
As filed with the Securities and Exchange Commission on December 30, 2025 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _______________________ AMC Robotics Corporation (Exact name of registrant as specified in its charter) _______________________ Delaware 7372 41-3041844 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 12 East 49 Street, Suite 1805 ...
Why Analysts Favor Evolv Technologies (EVLV)
Yahoo Finance· 2025-12-25 12:35
Group 1 - Evolv Technologies Holdings Inc. (NASDAQ:EVLV) is recognized as a promising small-cap industrial stock priced under $50, with a bullish outlook from analysts [1] - Northland Securities analyst Michael Latimore has reaffirmed a Buy rating for Evolv Technologies, setting a price target of $9.5, indicating a potential upside of nearly 38% for investors [1] - The consensus among analysts is positive, with all four covering Evolv Technologies assigning Buy ratings, leading to an estimated 1-year average price target of $9.83, which suggests a 39.4% upside from the current stock level [2] Group 2 - On December 16, Evolv Technologies announced the deployment of its Evolv Express product at Pechanga Arena, a 14,000-seater venue in San Diego, marking an expansion of its presence in key locations [3] - Evolv Technologies specializes in AI-enabled security solutions, providing end-to-end security screening and analytics for public venues, hospitals, and schools [4]