GRAPHJET TECHNOLOGY (GTIJF): Nasdaq/NYSE listing notice — Graphjet receives second Nasdaq deficiency notice for bid price below $0.10 per share

June 18, 2025, the Company received a written notice (the “June Notice”) from Nasdaq indicating that the Company no longer complies with Nasdaq Listing Rule 5450(a)(1) (“Rule 5450(a)(1)” and, together with Rule 5550(a)(2), the “Listing Rules”) requiring that listed securities maintain a minimum bid price of $0.10 per share based upon the Company’s closing bid price for the last 10 consecutive trading days prior to the June Notice. The June Notice also stated that the noncompliance with Rule 5450(a)(1) serves as an additional basis for delisting the Company’s securities from Nasdaq, and that th

February 21, 2025, Graphjet Technology (the “Company” or “Graphjet”) received written notice (the “February Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company no longer complied with Nasdaq Listing Rule 5550(a)(2) (“Rule 5550(a)(2)”) requiring that listed securities maintain a minimum bid price of $1.00 per share based upon the Company’s closing bid price for the 32 consecutive days prior to the February Notice. Additionally, the February Notice confirmed that Rule 5550(a)(2) grants the Company 180 calendar days, or until Augus