Graphjet granted Nasdaq continued listing conditional on bid price & filing compliance by Aug/Sep 2025

GRAPHJET TECHNOLOGY

Nasdaq Hearings Panel granted listing continuation on July 25, 2025, subject to meeting Bid Price Rule (5450(a)(1)) by Aug 29, 2025.
Must demonstrate compliance with Periodic Filing Rule (5450(c)(1)) by Sep 15, 2025.
Required to provide Panel update on fundraising plans by Sep 30, 2025.
CEO Chris Lai expressed confidence in meeting deadlines; cites China graphite export restrictions as market opportunity.
No assurance of regaining or maintaining compliance with Nasdaq listing standards.

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