Graphjet Receives Nasdaq Letter
Graphjet Technology (NASDAQ:GTI) received a notice from Nasdaq on August 20, 2025, regarding non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its Q2 2025 Form 10-Q. The company's shares will continue trading on the Nasdaq Global Market under the symbol "GTI" while the matter is pending.
Graphjet must submit a written response to Nasdaq by August 27, 2025, and has previously committed to regaining compliance by September 15, 2025. The company states it is working diligently to file the required quarterly report by the deadline to maintain its listing status.
Graphjet Technology (NASDAQ:GTI) ha ricevuto il 20 agosto 2025 una comunicazione da Nasdaq per mancata conformità alla Regola di quotazione 5250(c)(1) a causa del ritardo nella presentazione del modulo 10-Q relativo al secondo trimestre 2025. Le azioni della società continueranno a essere negoziate sul Nasdaq Global Market con il simbolo "GTI" mentre la questione è in sospeso.
Graphjet deve inviare una risposta scritta a Nasdaq entro il 27 agosto 2025 e ha già preso l’impegno di rientrare in conformità entro il 15 settembre 2025. La società dichiara di lavorare diligentemente per depositare il rapporto trimestrale richiesto entro la scadenza per mantenere la propria quotazione.
Graphjet Technology (NASDAQ:GTI) recibió el 20 de agosto de 2025 una notificación de Nasdaq por incumplimiento de la Norma de Cotización 5250(c)(1) debido al retraso en la presentación del Formulario 10-Q correspondiente al segundo trimestre de 2025. Las acciones de la compañía seguirán cotizando en el Nasdaq Global Market bajo el símbolo "GTI" mientras el asunto esté pendiente.
Graphjet debe presentar una respuesta por escrito a Nasdaq antes del 27 de agosto de 2025, y ya se ha comprometido a recuperar la conformidad antes del 15 de septiembre de 2025. La empresa afirma que está trabajando diligentemente para presentar el informe trimestral requerido dentro del plazo para mantener su cotización.
Graphjet Technology (NASDAQ:GTI)는 2025년 8월 20일, 2025년 2분기 분기보고서(폼 10-Q) 제출 지연으로 인해 상장 규정 5250(c)(1) 미준수에 관한 Nasdaq의 통지를 받았습니다. 문제 해결 중에도 회사 주식은 "GTI"라는 심볼로 Nasdaq Global Market에서 계속 거래됩니다.
Graphjet는 2025년 8월 27일까지 Nasdaq에 서면 답변을 제출해야 하며, 2025년 9월 15일까지 규정 준수를 회복하겠다고 이미 약속했습니다. 회사는 상장 유지 를 위해 요구된 분기보고서를 기한 내 제출하기 위해 열심히 작업하고 있다고 밝혔습니다.
Graphjet Technology (NASDAQ:GTI) a reçu le 20 août 2025 un avis de la Nasdaq pour non-conformité à la règle de cotation 5250(c)(1) en raison du dépôt tardif de son formulaire 10-Q relatif au deuxième trimestre 2025. Les actions de la société continueront d’être négociées sur le Nasdaq Global Market sous le symbole "GTI" pendant que la situation est examinée.
Graphjet doit soumettre une réponse écrite à la Nasdaq d’ici le 27 août 2025 et s’est déjà engagé à rétablir la conformité d’ici le 15 septembre 2025. La société indique travailler avec diligence pour déposer le rapport trimestriel requis avant la date limite afin de conserver sa cotation.
Graphjet Technology (NASDAQ:GTI) erhielt am 20. August 2025 eine Mitteilung von der Nasdaq wegen Nicht-Einhaltung der Listing-Regel 5250(c)(1) infolge der verspäteten Einreichung ihres 10-Q für das zweite Quartal 2025. Die Aktien des Unternehmens werden während der laufenden Angelegenheit weiterhin am Nasdaq Global Market unter dem Symbol "GTI" gehandelt.
Graphjet muss Nasdaq bis zum 27. August 2025 schriftlich antworten und hat bereits zugesagt, die Konformität bis zum 15. September 2025 wiederherzustellen. Das Unternehmen gibt an, intensiv daran zu arbeiten, den erforderlichen Quartalsbericht fristgerecht einzureichen, um den Börsenstatus zu erhalten.
- Company maintains its Nasdaq Global Market listing status while working to resolve the issue
- Clear deadline extension until September 15, 2025 to regain compliance
- Failure to file Q2 2025 Form 10-Q on time
- Risk of potential delisting if compliance is not achieved by the deadline
- Required to submit written response to Nasdaq by August 27, 2025
New York, United States, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology (“Graphjet” or the “Company”) today announced that on August 20, 2025, it received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) because the Company has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2025 (the “Form 10-Q”) with the U.S. Securities and Exchange Commission.
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”.
Further, Nasdaq has requested that the Company presents its views with respect to the Notice to Nasdaq in writing no later than August 27, 2025, since Nasdaq will consider this deficiency in their decision regarding the Company’s continued listing. The Company previously agreed with Nasdaq that it would regain compliance with the Rule before September 15, 2025 (the “Deadline”) and is working diligently to complete and file the Form 10-Q by the Deadline and intends to regain compliance with Nasdaq’s continued listing requirements.
About Graphjet Technology Sdn. Bhd.
Graphjet Technology Sdn. Bhd. (Nasdaq: GTI) was founded in 2019 in Malaysia as an innovative graphene and graphite producer. Graphjet Technology has the world’s first patented technology to recycle palm kernel shells generated in the production of palm seed oil to produce single layer graphene and artificial graphite. Graphjet’s sustainable production methods utilizing palm kernel shells, a waste agricultural product that is common in Malaysia, will set a new shift in graphite and graphene supply chain of the world. For more information, please visit https://www.graphjettech.com/.
Cautionary Statement Regarding Forward-Looking Statements
The information in this press release contains certain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “aim,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Graphjet competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Graphjet will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) Graphjet is beginning the commercialization of its technology and it may not have an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Graphjet’s industry and market size; (v) financial condition and performance of Graphjet, including the anticipated benefits, the implied enterprise value, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Graphjet; (vi) Graphjet’s ability to develop and manufacture its graphene and graphite products; and (vii) those factors discussed in our filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the “Risk Factors” section of the documents to be filed by Graphjet from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward- looking statements, and while Graphjet may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Graphjet does not give any assurance that Graphjet will achieve its expectations.
Graphjet Technology Contacts
Investors
ceo.office@graphjettech.com
Media
ceo.office@graphjettech.com
