EX-99.1 2 ea025626301ex99-1_graphjet.htm PRESS RELEASE DATED SEPTEMBER 5, 2025 Exhibit 99.1 Graphjet Receives Nasdaq Letter New York, United States, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet” or the “Company”) today announced that on September 2, 2025, it received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that because the Company did not regain compliance with Nasdaq Listing Rule 5450(b)(2)(A), requiring that the Company maintain a minimum market value of its publicly held shares of $50,000,000 for 30 consecutive trading days, by September 1, 2025, Nasdaq will consider this deficiency in their decision regarding the Company’s continued listing on The Nasdaq Global Market. The Notice has no immediate effect on the listing of the Company’s ordinary shares on The Nasdaq Global Market, which will continue to trade on The Nasdaq Global Market under the symbol “GTI”. However, Nasdaq has requested the Company to present its views with respect to this Notice to Nasdaq in writing no later than September 9, 2025. The Company has previously agreed with Nasdaq that it would provide Nasdaq with an update regarding the C…
Open exhibit ↗Current Report · Items 3.01, 9.01 · 8-K
Graphjet Technology
GTIJFOTCEQUITYCurrent
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On September 2, 2025, the Company received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that because the Company did not regain compliance with Nasdaq Listing Rule 5450(b)(2)(A), requiring that the Company maintain a minimum market value of its pu…
Company context
Graphjet is the owner of the state-of-the-art technology for the manufacture of artificial graphene and graphite, critical raw materials used in a variety of industries. The technology was developed through Graphjet’s collaboration with UKM and UTEM. Graphjet’s breakthrough technology transforms an abundant and renewable waste product, palm kernel shells, into highly valued artificial graphene and graphite. Graphjet prepared patent applications on its bio-mass processes and production methods, and it believes it is the only producer currently capable of using biomass to produce graphite and graphene in mass production scale. Graphjet received approval of its patent application (i) for a palm-based synthetic graphite and the preparation method thereof on September 22, 2022; and (ii) a palm-based synthetic graphene and the preparation method thereof on March 27, 2024.
Current securities
Recent company filings
- 25-NSE - filed by Nasdaq Stock Market LLC regarding GRAPHJET TECHNOLOGYJul 13, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory ArrangementsMar 18, 2026
- Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of ListingMar 2, 2026
- 424B3 filingJan 23, 2026
- EFFECT filingJan 20, 2026