Graphjet Technology Stock Price, News & Analysis

Graphjet Technology (GTI) has achieved a significant milestone by successfully producing graphite that meets industry standards for use as battery anode material. The company is now proceeding to finalize collaborations, supply agreements, and offtake agreements with customers in the coming weeks.

While GTI is preparing for an upcoming share consolidation, the company has initiated steps to maintain market liquidity by planning the issuance of additional shares, subject to SEC registration. The company has also engaged a prominent investment bank to assist with the distribution of these additional shares post-consolidation.

CEO Chris Lai emphasized the company's rapid progress in transitioning from development to full-scale graphite production, highlighting ongoing discussions with multinational firms for potential collaboration and supply agreements.

Graphjet Technology (GTI) has announced the successful completion of testing and commissioning of its new machinery, equipment, and laboratory facilities. The company's production capacity has increased by 7x, enabling it to manufacture specialized graphite and graphene for various industries, including semiconductors.

The new laboratory will enhance quality control, enable product customization, and support R&D initiatives. This expansion is strategically timed amid a global graphite shortage and growing demand from the semiconductor industry, particularly for AI chip manufacturing. The company's position is further strengthened by recent industry developments, including SoftBank's $2 billion investment in Intel and ARM's decision to develop its own AI chips.

Graphjet Technology (GTI) has announced a strategic collaboration with Universiti Kebangsaan Malaysia's (UKM) Centre for Materials Engineering and Smart Manufacturing to develop advanced heat sink solutions using graphite and graphene in additive manufacturing technology. The partnership falls under the Consortium of Research Excellence 2025 program of the Malaysian Ministry of Higher Education.

The company has also completed a new laboratory that will enhance its internal testing capabilities for graphite and graphene quality assessment, reducing dependency on third-party testing services. The lab will support both internal research and the UKM collaboration, focusing on developing cooling solutions for AI chips and data centers in the growing Southeast Asian market.

Graphjet Technology (NASDAQ: GTI) has announced the effective date for its previously approved 1-for-60 share consolidation. The consolidation will take effect on August 25, 2025, at 12:01 a.m. Eastern Time, with trading beginning on the same day under the existing symbol "GTI" on the Nasdaq Global Market.

The consolidation will reduce the par value from $0.0001 to $0.006 per share and includes rounding up of fractional shares. The move aims to increase the trading price to meet Nasdaq's continued listing requirements. Shareholders approved the consolidation on August 7, 2025, and the company filed its Amended and Restated Memorandum and Articles of Association on August 13, 2025.

Graphjet Technology (NASDAQ: GTI) announced that shareholders approved a share consolidation proposal at an extraordinary general meeting on August 7, 2025. The board of directors has authorized a 1-for-60 share consolidation ratio, with the consolidation range approved between 1-for-50 to 1-for-150.

The company is taking these steps to regain compliance with Nasdaq Global Market requirements. Additionally, GTI has filed its Form 10-Q for December 2024 and is working to complete the March 2025 filing, with all required Form 10-Qs expected to be submitted before the September 15, 2025 Nasdaq deadline.

Graphjet Technology (GTI) hosted management executives from a major South Korean conglomerate specializing in steel and battery materials. The visiting Korean group, established in 1968, reported impressive 2024 financial results with revenues of USD 52.6 billion and net profits of USD 683.2 million.

During the visit, discussions focused on potential supply opportunities for GTI's graphite materials, particularly in green materials and next-generation battery development. CEO Chris Lai highlighted the strategic importance of this visit as it could open doors to the Korean market, home to major battery makers and AI chip manufacturers like Samsung, potentially expanding GTI's reach in Asian and North American markets.

Graphjet Technology announced the successful delivery of new machinery and equipment at its Malaysian factory. A specialist from the supplier has arrived to oversee installation and commissioning, expected to complete within a week. The new system will undergo comprehensive testing to ensure optimal performance.

CEO Chris Lai highlighted that the new equipment will increase production capacity by approximately 7x, positioning the company to capitalize on growing demand for graphite and graphene in the semiconductor industry. This expansion aligns with major industry developments, including TSMC's $100 billion investment in US semiconductor manufacturing and strategic moves by Tesla, Samsung, and Nvidia in advanced chip production.

Graphjet Technology (GTI) announced potential benefits from the expanding semiconductor manufacturing sector in the United States, particularly following a major $16.5 billion chipmaking agreement between Tesla and Samsung through 2033. The agreement focuses on AI6 inference chips production at Samsung's Texas facility for humanoid robots, self-driving cars, and AI data centers.

The company's CEO, Chris Lai, highlighted that as a graphite and graphene producer, Graphjet is well-positioned to capitalize on the AI chip production boom, with plans to build a production plant in Nevada. The company has begun generating revenue and is experiencing increased interest from multinational clients, including facility visits, sample requests, and qualification processes.

Graphjet Technology (NASDAQ:GTI) has received approval from the Nasdaq Hearings Panel to maintain its listing, subject to specific conditions. The company must demonstrate compliance with the Bid Price Rule by August 29, 2025, the Periodic Filing Rule by September 15, 2025, and provide an update on fundraising plans by September 30, 2025.

CEO Chris Lai expressed confidence in meeting the compliance deadlines and highlighted the company's strategic position to capitalize on China's graphite export restrictions. Graphjet produces graphite from agricultural waste, offering an alternative supply for EV batteries. The company plans to expand with a new manufacturing facility in Nevada to address global graphite shortages.