SEAPORT GLOBAL ASSET MANAGEMENT LLC reported 5 transactions at SCANTECH AI SYSTEMS INC.

Review the transaction codes below to understand the nature of each event.

SEAPORT GLOBAL ASSET MANAGEMENT LLC

Filed: 5/8/2025ACC: 0001062993-25-008907

InsiderSEAPORT GLOBAL ASSET MANAGEMENT LLCCIK 1801142

→

IssuerSCANTECH AI SYSTEMS INC.CIK 1994624

10% Owner

Since Feb 2026

+10.10M

Net shares

Net buyer

$3.03M

Total acquired

Open market trades

0B · 0S

Total transactions

14.10M acquired · 4M disposed

Non-Derivative Transactions5

Common Stock, par value $0.0001 per share

Indirect

C · Conversion

+303.95K

Price / share

$9.87

Trade value

$3M

% of position

5.5%

2/18/2025

5.55M→5.86M

Common Stock, par value $0.0001 per share

Indirect

J · J

+2.25M

Price / share

—

Trade value

—

% of position

38.4%

2/18/2025

5.86M→8.11M

Common Stock, par value $0.0001 per share

Indirect

X · X

+3M

Price / share

$0.01

Trade value

$30K

% of position

37.0%

4/2/2025

8.11M→11.11M

Common Stock, par value $0.0001 per share

Indirect

J · J

+200K

Price / share

—

Trade value

—

% of position

1.8%

4/2/2025

11.11M→11.31M

Common Stock, par value $0.0001 per share

Indirect

J · J

+5.35M

Price / share

—

Trade value

—

% of position

47.3%

4/17/2025

11.31M→16.66M

Total

Net shares

+11.10M

Net value

$3.03M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.0001 per share Indirect	2/18/2025	C · Conversion	+303.95K	$9.87	$3M	5.5%	5.55M	5.86M
Common Stock, par value $0.0001 per share Indirect	2/18/2025	J · J	+2.25M	—	—	38.4%	5.86M	8.11M
Common Stock, par value $0.0001 per share Indirect	4/2/2025	X · X	+3M	$0.01	$30K	37.0%	8.11M	11.11M
Common Stock, par value $0.0001 per share Indirect	4/2/2025	J · J	+200K	—	—	1.8%	11.11M	11.31M
Common Stock, par value $0.0001 per share Indirect	4/17/2025	J · J	+5.35M	—	—	47.3%	11.31M	16.66M
Total			+11.10M		$3.03M

Derivative Transactions3

Convertible Promissory Note

Indirect

C · Conversion

Converts to

Common Stock

303.95K shares

−1M

Strike price

0.00

Held after

0.00

Exercisable

—

2/18/2025

Warrant (right to buy)

Indirect

J · J

Converts to

Common Stock

3M shares

+3M

Strike price

0.01

Held after

Exercisable

—

2/18/2025

Warrant (right to buy)

Indirect

X · X

Converts to

Common Stock

3M shares

−3M

Strike price

0.01

Held after

0.00

Exercisable

—

4/2/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Convertible Promissory Note Indirect	Common Stock303.95K shares	2/18/2025	C · Conversion	−1M	0.00	—	0.00
Warrant (right to buy) Indirect	Common Stock3M shares	2/18/2025	J · J	+3M	0.01	—	3M
Warrant (right to buy) Indirect	Common Stock3M shares	4/2/2025	X · X	−3M	0.01	—	0.00