Graphjet receives second Nasdaq deficiency notice for bid price below $0.10 per share

GRAPHJET TECHNOLOGY

Received Nasdaq notice on June 18, 2025 for noncompliance with Rule 5450(a)(1) requiring minimum $0.10 bid price.
Also previously noncompliant with $1.00 minimum bid price (Rule 5550(a)(2)) since Feb 2025; compliance period ends Aug 20, 2025.
Nasdaq hearing scheduled July 17, 2025 to consider delisting; Company will appeal, stay pending hearing.
No immediate effect on listing or trading, but risk of delisting remains if compliance not regained.

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