Graphjet receives Nasdaq delisting notice for failure to meet $50M public float market value

GRAPHJET TECHNOLOGY

Notice received Sept 2, 2025 for non-compliance with Nasdaq Rule 5450(b)(2)(A); deadline to present views by Sept 9.
No immediate effect on GTI listing or trading under symbol GTI on Nasdaq Global Market.
Company previously agreed to update Nasdaq on fundraising plans by Sept 30, 2025.
Deficiency stems from market value of publicly held shares falling below $50M for 30 consecutive trading days.

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