Mars Acquisition Corp. (MARX)

Business Combination between ScanTech Identification Beam Systems, LLC and Mars Acquisition Corp. closed on January 2, 2025 Trading of common stock of the new public company, ScanTech AI Systems Inc., will commence on Nasdaq on January 3, 2025 under the ticker symbol “STAI” NEW YORK, Jan. 02, 2025 (GLOBE NEWSWIRE) -- ScanTech AI Systems Inc. (“ScanTech AI”), today announced the successful closing of its previously announced business combination (the “Business Combination”) between ScanTech Identification Beam Systems, LLC (“ScanTech”), a provider of one of the world's most advanced non-intrusive “fixed-gantry” CT screening technologies, and Mars Acquisition Corp. (“Mars”) (Nasdaq: MARX), a special purpose acquisition company. Mars shareholders approved the business combination at a special meeting held on December 12, 2024.

NEW YORK, Nov. 29, 2024 (GLOBE NEWSWIRE) -- Mars Acquisition Corp. (the “Company” or “Mars”) (Nasdaq: MARX), a special purpose acquisition company, today announced that the extraordinary general meeting of shareholders of the Company (the “General Meeting”), originally scheduled for 10:00 a.m. Eastern Time on December 5, 2024, has been adjourned to December 12, 2024, at 10:00 a.m. Eastern Time. The General Meeting will be held virtually via https://www.cstproxy.com/​marsacquisition/egm2024 using a control number assigned by Continental Stock Transfer & Trust Company. It may also be attended in person at Mars' office at 1177 Avenue of the Americas, Suite 5100, New York, NY 10036.

NEW YORK , Nov. 20, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Mars Acquisition Corp. (NASDAQ: MARX ), relating to the proposed merger with ScanTech AI Systems Inc. Under the terms of the agreement, Mars' public shareholders will own approximately 42% of the combined company.

NEW YORK , Nov. 20, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Mars Acquisition Corp. (NASDAQ: MARX ), relating to the proposed merger with ScanTech AI Systems Inc. Under the terms of the agreement, Mars' public shareholders will own approximately 42% of the combined company.

BUFORD, Ga, April 17, 2024 (GLOBE NEWSWIRE) -- ScanTech Identification Beam Systems, LLC ("ScanTech"), an innovator of next-generation 'fixed-gantry' computed tomography (CT) screening systems, based in Metro-Atlanta, Georgia, today announced its participation in the world's leading conference dedicated to airport passenger terminals in Frankfurt, Germany, the Passenger Terminal Expo 2024. ScanTech will be exhibiting and displaying its Sentinel ‘Fixed-Gantry' CT scanning system to the world's airport operators, infrastructure companies and other logistics providers as part of the exhibition which includes over 1,600 attendees across 120 countries.

Visiontec Systems is a long-established Canadian distributer/integrator with a mission to provide its customers with best-in-class products and technologies as they emerge in today's security screening and detection markets. ScanTech is a developer and manufacturer of state-of-the-art fixed-gantry CT scanners that utilizes proprietary artificial intelligence (AI) and machine learning capabilities to accurately and quickly detect hazardous and contraband materials.

NEW YORK and BUFORD, Ga. , Nov. 13, 2023 /PRNewswire/ -- Mars Acquisition Corp. (Nasdaq: MARX) ("Mars"), a publicly traded special purpose acquisition company, today announced the confidential submission with the U.S. Securities and Exchange Commission ("SEC") of a draft registration statement on Form S-4 (the "Registration Statement") relating to its previously announced proposed business combination with ScanTech Identification Beam Systems, LLC ("ScanTech"), an innovator of next-generation 'fixed-gantry' computed tomography (CT) screening systems based in Metro-Atlanta, Georgia.