regulatory
confidence high
sentiment negative
materiality 0.85
Graphjet Technology faces Nasdaq delisting; trading suspended June 13, 2025
GRAPHJET TECHNOLOGY
- Nasdaq denied continued listing due to delinquent 10-K (Sep 30, 2024) and 10-Q (Dec 31, 2024) filings.
- Trading of GTI common shares suspended at open on June 13, 2025; Form 25-NSE to follow.
- Company intends to appeal to Nasdaq Hearings Panel by June 11, 2025; requests stay pending hearing.
- No assurance of regaining compliance; company previously disclosed late filings on Feb 28, 2025.
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