secwatch.observer — SEC 8-K summary
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Issuer:     GRAPHJET TECHNOLOGY (GTIJF)
CIK:        0001879373
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0001213900-25-021209
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graphjet receives two Nasdaq deficiency notices for late filings and low MVLS; director resigns
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- First notice on Feb 28: delayed 10-K (Sep 30, 2024) and 10-Q (Dec 31, 2024); compliance plan due Apr 29, 2025.
- Second notice on Mar 5: market value of listed securities below $50M for 30 consecutive days; compliance by Sep 1, 2025.
- If not compliant, securities subject to delisting; possible transfer to Nasdaq Capital Market.
- Executive Director Aw Jeen Rong resigned effective Mar 3, 2025; no disagreement with company.
- Company monitoring MVLS and evaluating options; no assurance of regaining compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879373/000121390025021209/0001213900-25-021209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879373/000121390025021209/ea0232764-8k_graphjet.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-021209

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