Graphjet Technology announced that it has received notice from the Nasdaq Stock Market indicating that its securities will be delisted from the Nasdaq Global Market. The decision follows the company's failure to comply with Nasdaq Listing Rules regarding the market value of publicly held shares and listed securities. Trading of Graphjet Technology's securities will be suspended on November 13, 2025. The company plans to request a review of the decision and present a plan to regain compliance. If delisting proceeds, the securities are expected to be eligible for quotation on the OTC Markets, though there is no guarantee that a market will develop or be maintained.
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