Graphjet Technology (NASDAQ: GTI) has announced the effective date for its 1-for-60 share consolidation, set to occur on August 25, 2025. The company's ordinary shares will begin trading on a split-adjusted basis on The Nasdaq Global Market under the existing symbol "GTI" on that date. The move aims to increase the trading price of the shares to meet Nasdaq's continued listing requirements.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Graphjet Technology published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9513544-en) on August 15, 2025, and is solely responsible for the information contained therein.