MARX
Mars Acquisition Corp.
A special purpose acquisition company, or "blank check" firm, set up in 2021 by investment banker Karl Brenza to buy an existing business — a deal it closed in January 2025 by merging with ScanTech, a maker of X-ray and CT security scanners that flag explosives and contraband in baggage and cargo. The combined company now trades on Nasdaq as ScanTech AI Systems. Despite the name, it has nothing to do with the Mars candy company.
SPACUnderlying: MARXRCUSIP: G5870E108TechnologyUS
Common Stock — Acquired by ScanTech AI Systems Inc. on January 2, 2025; now trading as STAI
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