regulatory
confidence high
sentiment negative
materiality 0.75
GRAPHJET TECHNOLOGY (GTIJF): Nasdaq/NYSE listing notice — Energem Corp. receives Nasdaq delisting notice for failure to maintain 400 shareholders
GRAPHJET TECHNOLOGY
- Received Nasdaq notice on Dec 4, 2023 for failing to maintain minimum 400 shareholders for continued listing.
- Company requested hearing before Nasdaq Panel; hearing scheduled for March 21, 2024.
- Hearing request stays suspension of trading; securities continue trading on Nasdaq Capital Market pending panel decision.
- No assurance that panel will grant continued listing or delisting suspension.