---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-043011"
form_type: "8-K"
ticker: "GTIJF"
cik: "0001879373"
company_name: "GRAPHJET TECHNOLOGY"
filed_at: "2023-11-29T23:59:59+00:00"
generated_at: "2026-06-07T20:31:37.874043+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Energem Corp. receives Nasdaq delisting notice for failure to meet $50M market value requirement

## Summary
- Received Nasdaq notice Nov 22, 2023 for non-compliance with Listing Rule 5450(b)(2)(A) because MVLS remained below $50M.
- Company intends to timely request a hearing before the Nasdaq Panel to appeal the delisting determination.
- A hearing request will stay suspension of trading; securities continue trading pending Panel decision.
- No assurance that the Panel will grant continued listing; previous MVLS notice was received March 31, 2023.

## SEC filing metadata
- accession: 0001493152-23-043011
- form_type: 8-K
- ticker: GTIJF
- cik: 0001879373
- company_name: GRAPHJET TECHNOLOGY
- filed_at: 2023-11-29T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879373/000149315223043011/0001493152-23-043011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879373/000149315223043011/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-043011
- JSON: https://secwatch.observer/filing/0001493152-23-043011.json
- Plain text: https://secwatch.observer/filing/0001493152-23-043011.txt

## Key facts
- Listing & Compliance Notices
  GRAPHJET TECHNOLOGY received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(A)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: market value
  - Rules: 5450(b)(2)(A)
  source text: November 22, 2023, Energem Corp., a special purpose acquisition company, incorporated as a Cayman Islands exempted company (the “Company”), received a notice (the “Notice”) from the staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) t hat the Company has not regained compliance with Listing Rule 5450(b)(2)(A) (the “Rule”) because the market value of its listed securities has remained below the minimum $50,000,000 required for continued listing. Accordingly, the Company’s securities will be delisted unless the Company requests an appeal of this determination as described below, tradi
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879373/000149315223043011/0001493152-23-043011-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.