Graphjet Technology Stock Price, News & Analysis

Graphjet Technology (Nasdaq:GTI), a developer of patented technologies for producing graphite and graphene from agricultural waste, has announced the filing of its Annual Report on Form 10-K for the fiscal year ended September 30, 2024.

The Company is actively working with its accountants and auditors to complete its pending Quarterly Reports on Form 10-Q to achieve full compliance with regulatory requirements.

Graphjet Technology (Nasdaq:GTI), a developer of technologies for producing graphite and graphene from agricultural waste, has received a notice from Nasdaq on June 18, 2025, regarding non-compliance with listing requirements. The company failed to maintain the minimum required bid price of $0.10 per share for the last 10 consecutive trading days.

The matter will be reviewed at a Nasdaq Hearings Panel on July 17, 2025. While this notice serves as an additional basis for potential delisting, it does not immediately affect the company's listing status. Graphjet plans to appeal Nasdaq's decision, which will stay any suspension pending the hearing.

Graphjet Technology (Nasdaq:GTI), a developer of technologies for producing graphite and graphene from agricultural waste, received a stay of suspension from Nasdaq on June 12, 2025. The stay prevents the previously announced trading suspension of GTI's Class A Ordinary Shares, pending a Nasdaq Hearing Panel review scheduled for July 17, 2025. The company had received a determination letter on June 4, 2025, citing non-compliance with Nasdaq Listing Rule 5250(c)(1) due to delayed filings of its Annual Report (10-K) for September 30, 2024, and Quarterly Reports (10-Q) for periods ending December 31, 2024, and March 31, 2025. The company's shares will continue trading on Nasdaq at least until the hearing date.

Graphjet Technology (Nasdaq:GTI), a developer of technologies for producing graphite and graphene from agricultural waste, has received a delisting notice from Nasdaq on June 4, 2025. The notice cites non-compliance with listing requirements due to delayed filings of both the Annual Report (Form 10-K) for September 30, 2024, and Quarterly Report (Form 10-Q) for December 31, 2024. Nasdaq plans to suspend trading of GTI's Class A Ordinary Shares on June 13, 2025, and will file Form 25-NSE to remove the company's securities from listing. Graphjet intends to request a hearing before the Nasdaq Hearings Panel, which will temporarily stay the suspension for 15 days, and plans to request an extended suspension stay pending the hearing.

Graphjet Technology (NASDAQ:GTI), a developer of patented technologies for producing graphite and graphene from agricultural waste, announced it is finalizing its financial statements for fiscal year 2024. The company is working with its independent auditors to complete the audit and plans to file its Annual Report on Form 10-K by the end of June 2025.

Following the 2024 annual report completion, GTI will focus on preparing Q1 2025 financial statements for Form 10-Q filing. Company founder Aiden Lee, who recently increased his stake, expressed confidence in the new board of directors following recent leadership changes, highlighting their professional expertise to achieve company goals.

Graphjet Technology (Nasdaq:GTI), a developer of technologies for producing graphite and graphene from agricultural waste, has received a notice from Nasdaq's Listing Qualifications Department on February 28, 2025. The notice indicates non-compliance with listing requirements due to delayed filings of:

1. Form 10-K for September 30, 2024
2. Form 10-Q for December 31, 2024

The company has until April 29, 2025 to submit a compliance plan. If Nasdaq accepts the plan, GTI may receive an extension until July 14, 2025 to regain compliance. The notice does not immediately affect GTI's listing or trading status on the Nasdaq Global Market.

Graphjet Technology (Nasdaq:GTI), a developer of technologies to produce graphite and graphene from agricultural waste, hosted Malaysia's Deputy Minister of Plantation and Commodities, YB Datuk Chan Foong Hin, at its newly commissioned green graphite facility in Subang District, Malaysia. The facility converts palm kernel shells into battery-grade graphite for electric vehicle and semiconductor markets. During the visit, the Deputy Minister observed the process of converting palm biomass into carbon and graphite, emphasizing the untapped potential in the Agri-commodity sector. Graphjet's CEO Aiden Lee highlighted the company's role in creating a sustainable global graphite supply chain and its contribution to Malaysia's palm oil industry.

Graphjet Technology (Nasdaq:GTI), a developer of technologies to produce graphite and graphene from agricultural waste, has promoted Liu Yu to the dual role of Chief Operating Officer and Chief Scientific Officer. Liu Yu, who previously served as Head of Research and Chief Scientific Officer since the company's inception, will oversee production operations, business development, customer support, and technological initiatives.

With over two decades of experience, Liu Yu's professional background includes serving on the board of Zhonghe Industries Sdn. Bhd., directing Zhonghe Tiancheng Beijing Technology Development Co. , and managing positions at various companies including Beijing Anda Century Investment Consulting Co. and Chi Feng Tuo Industrial Co.

Graphjet Technology (Nasdaq:GTI), a developer of patented technologies for producing graphite and graphene from agricultural waste, has scheduled a business update conference call and webcast for December 12, 2024, at 9 AM ET. Participants can join via webcast or by dialing (877) 407-9208 (domestic) or (201) 493-6784 (international). A two-week replay will be available through (844) 512-2921 (domestic) or (412) 317-6671 (international) using Conference ID: 13750405. The webcast recording will be accessible through the company's Investor Relations website section.