Graphjet sells 20M warrants to former CEO for $200K; up to 200M shares at $0.055

GRAPHJET TECHNOLOGY

Former CEO Aiden Lee Ping Wei purchased 20,000,000 warrants to buy 200,000,000 Class A shares at $0.055 each for total $200,000.
Warrant shares not transferable for 12 months; after 29M shares exercised, shareholder approval needed for remaining.
Company has 147,391,887 shares outstanding; potential dilution of up to 200M shares if fully exercised.
Exercise price of $0.055 per share; warrants issued under private placement exemption from registration.

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