Graphjet Technology has received a notice from Nasdaq indicating a potential delisting due to the company's failure to maintain a minimum market value of $50,000,000 for 30 consecutive trading days. The company's shares will continue to trade on The Nasdaq Global Market under the symbol "GTI" for now. Graphjet Technology has been asked to present its views in writing by September 9, 2025. Additionally, the company has agreed to update Nasdaq on its fundraising plans by September 30, 2025.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-085130), on September 05, 2025, and is solely responsible for the information contained therein.