regulatory
confidence high
sentiment negative
materiality 1.00
GRAPHJET TECHNOLOGY (GTIJF): Nasdaq/NYSE listing notice — Graphjet Technology receives Nasdaq Listing Council affirmation of delisting decision
GRAPHJET TECHNOLOGY
- On February 24, 2026, the Listing Council affirmed the Panel's November 11, 2025 decision to delist Graphjet Technology.
- Delisting was due to deficiencies under Nasdaq Listing Rules 5450(b)(2) (market value of listed securities) and 5450(b)(3)(C) (market value of publicly held shares).
- The delisting became effective on November 13, 2025; the Company appealed on November 25, 2025, but the appeal was denied.
- In its appeal, Graphjet proposed a compliance plan centered on the equity standard under Nasdaq Listing Rule 5450(b)(1), which was not accepted.
- The Company's securities were previously suspended from trading on Nasdaq as of November 13, 2025.