Graphjet buys property with 97.5M shares at $0.074; Nasdaq warns over late Q2 10-Q

GRAPHJET TECHNOLOGY

Purchaser will acquire operating property from Cosmo Esteem for 97,462,455 shares at $0.074/share.
After 1-for-60 consolidation effective Aug 25, vendor receives 1,624,375 post-consolidation shares.
Nasdaq notified Graphjet on Aug 20 of non-compliance for not filing Q2 10-Q by deadline.
Company must present views to Nasdaq by Aug 27; previously agreed to file by Sept 15, 2025.
Listing on Nasdaq Global Market continues for now; intends to file 10-Q before Sept 15.

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