EX-FILING FEES 35 tm2326904d11_ex-filingfees.htm EX-FILING FEES

  

Exhibit 107

 

Calculation of Filing Fee Tables

 

Form S-4

(Form Type)

 

SCANTECH AI SYSTEMS INC.

(Exact Name of Registrant as Specified in its Charter)

 

Table 1: Newly Registered Securities

 

CALCULATION OF REGISTRATION FEE

 

    Security
Type
  Security
Class
Title
  Fee
Calculation
Rule
  Amount
Being
Registered
    Proposed
Maximum
Offering
Price Per
Security
    Maximum
Aggregate
Offering Price
    Fee Rate     Amount of
Registration Fee
Fees to Be Paid   Equity   Pubco Common Stock(1)     Rule 457(f)(1) and 457(c)     4,514,832       - (3)   $ 48,963,353       0.0001476     $ 7,226.99  
    Equity   Pubco Common Stock (2)     Rule 457(f)(1) and 457(c)     1,458,200       -       15,814,179       0.0001476       2,334.17  
    Equity   Pubco Common Stock(3)     Rule 457(f)(1) and 457(c)     11,144,883       -       120,866,261       0.0001476       17,839.86  
                                                       
        Total Offering Amounts     $ 185,643,793             $ 27,401.02  
        Total Fees Previously Paid     $ -             $ -   
        Net Fee Due     $ -             $ 27,401.02  
                                                         

Each defined term used below is explained in the “Certain Defined Terms” section of this proxy statement/prospectus/consent solicitation.

 

(1)Based on the maximum number of shares of Pubco Common Stock issuable to security holders of Mars in connection with the Business Combination, in exchange for their outstanding securities of Mars. The number of shares of Pubco Common Stock being registered consists of (i) 2,081,432 shares of Pubco Common Stock issuable to the Public Shareholders of Mars, assuming no redemptions of Ordinary Shares, (ii) 2,116,000 shares of Pubco Common Stock issuable to the Insiders of Mars, (iii) 41,400 shares of Pubco Common Stock issuable to the Insiders pursuant to promissory notes issued by Mars, and (iv) 276,000 shares of Pubco Common Stock issuable to Maxim Group LLC.

 

(2)The number of shares of Pubco Common Stock, being registered consists of (i) 1,380,000 shares of Pubco Common Stock issuable upon automatic conversion of outstanding Rights and (ii) 78,200 shares of Pubco Common Stock issuable upon automatic conversion of outstanding Rights held by Insiders.

 

(3)Represents shares of Pubco Common Stock to be issued to Company Holder Participants as Merger Consideration pursuant to the Business Combination Agreement.

 

(4)In accordance with Rule 457(f)(1) and Rule 457(c), as applicable, based on $10.85, the average of the high and low prices of Mars’ ordinary shares as reported on The Nasdaq Global Market on June 25, 2024.