Graphjet Technology has received a notice from the Nasdaq Stock Market indicating that the company has failed to meet the minimum market value of publicly held shares requirement of 15 million for 30 consecutive trading days, as mandated by Nasdaq Listing Rule 5450(b)(C)$. The notice also states that Graphjet does not currently satisfy the continued listing requirements under Nasdaq Global Market's Maintenance Standard 2. While the notice does not have an immediate effect on the company's listing, Nasdaq has requested Graphjet to submit its response regarding the issue by November 5, 2025. The company has been providing updates to Nasdaq about its fundraising efforts and plans to regain compliance.
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