GRAPHJET TECHNOLOGY (GTIJF): Nasdaq/NYSE listing notice — Graphjet Technology receives Nasdaq bid price deficiency notice; 180-day cure ends Aug 20, 2025

GRAPHJET TECHNOLOGY

Nasdaq notified Graphjet on Feb 21, 2025 that its bid price closed below $1 for 32 consecutive days.
Company has 180 calendar days (until August 20, 2025) to regain compliance.
To cure, the closing bid price must be at least $1 for ten consecutive trading days.
Notice has no immediate effect on listing or trading of GTI shares.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

GRAPHJET TECHNOLOGY received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

February 21, 2025, Graphjet Technology, an exempted Cayman Islands company (the “ Company ”), received written notice (the “ Notice ”) from the Listing Qualifications Department of The Nasdaq Stock Market (“ Nasdaq ”) indicating that the Company no longer complies with Nasdaq Listing Rule 5550(a)(2) (the “ Rule ”) requiring that listed securities maintain a minimum bid price of $1 per share (the “ Minimum Bid Price ”) based upon the Company’s closing bid price for the last 32 consecutive days. Additionally, the Notice confirms that the Rule grants the Company 180 calendar days, or until August

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Source: SEC EDGAR

accession 0001213900-25-018091

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