Four independent directors resign from Graphjet Technology (NASDAQ: GTI)

Rhea-AI Filing Summary

Graphjet Technology reported that four independent directors — Tan Song Jie, Chen Siow Woon, Ang Chee Yong, and Pwa Yee Guo — resigned from its board on March 12, 2026. The company states that these resignations were not due to any disagreement with management, operations, policies, or governance.

The filing does not name replacements, so the board will need to refresh its independent oversight. The change concentrates decision-making among remaining directors until new independent members are appointed.

Positive

• None.

Negative

• Simultaneous departure of four independent directors on March 12, 2026 may weaken board oversight and committee capacity until qualified replacements are appointed, creating near-term corporate governance risk.

Insights

Corporate governance analyst

Loss of four independent directors raises near-term governance risks.

Graphjet Technology disclosed that four independent directors resigned effective March 12, 2026. The company explicitly notes the departures were not due to disagreements over management, operations, policies, strategy, or governance, which reduces concern about an open conflict.

However, losing multiple independent directors at once can weaken board oversight and committee coverage until replacements are appointed. For an emerging growth company, independent directors often play a key role in audit, compensation, and nomination decisions.

The filing does not describe the post-resignation board composition or any search process for new directors. Future company disclosures may clarify how quickly the board restores independent membership and reconstitutes its governance committees.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): March 12, 2026

Graphjet Technology

(Exact name of registrant as specified in its charter)

Cayman Islands		001-41070		N/A
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

Lot 3895, Lorong 6D, Kampung Baru Subang

Seksyen U6, 40150 Shah Alam

Selangor, Malaysia

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: +60 016 310 0895

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: None

* Registrant was suspended from trading on Nasdaq on November 13, 2025.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 12, 2026, Tan Song Jie, Chen Siow Woon, Ang Chee Yong, and Pwa Yee Guo (the “Resigning Directors”), resigned from their positions as independent directors of Graphjet Technology, a Cayman Islands exempted company (the “Company”). The resignations are not the result of any disagreement between the Resigning Directors and the Company’s management, operations, policies, or the board of directors on any matter relating to the Company’s business, strategy, or governance.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

* Certain exhibits and schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company hereby undertakes to furnish a copy any of the omitted exhibits or schedules upon request by the SEC.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	GRAPHJET TECHNOLOGY
Date: March 18, 2026	By:	/s/ Chris Lai
	Name:	Chris Lai
	Title:	Chief Executive Officer

2

FAQ

What did Graphjet Technology (GTI) announce in this 8-K filing?

Graphjet Technology announced that four independent directors resigned from its board effective March 12, 2026. The company said the resignations were not due to disagreements about management, operations, policies, strategy, or governance matters affecting the business.

Which directors resigned from Graphjet Technology on March 12, 2026?

The resignations involved independent directors Tan Song Jie, Chen Siow Woon, Ang Chee Yong, and Pwa Yee Guo. All four stepped down from the board of Graphjet Technology as reported in the March 12, 2026 current report.

Did Graphjet Technology report any disagreements with the resigning directors?

No. Graphjet Technology stated the resignations were not the result of any disagreement with management, operations, policies, or the board on matters relating to the company’s business, strategy, or governance, indicating no disclosed dispute triggered their departure.

Does the Graphjet Technology filing name replacements for the resigning directors?

The filing does not identify any new directors replacing the four independent members who resigned. It only notes the resignations and confirms there were no disagreements, leaving future disclosures to address board reconstitution details.

What type of SEC event does Graphjet Technology’s disclosure represent?

The disclosure reflects a change in Graphjet Technology’s board composition, specifically the departure of four independent directors. Such changes in directors or certain officers are typically reported to inform investors about shifts in corporate governance and board oversight.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL SCHEMA FILE 3.0 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB