Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Graphjet Technology ( (GTI) ).
On August 13, 2025, Graphjet Technology filed its Amended and Restated Memorandum and Articles of Association to implement a share consolidation at a 1-for-60 ratio, reducing the par value of its ordinary shares. The share consolidation, approved by shareholders on August 7, 2025, is set to become effective on August 25, 2025, with shares trading on a split-adjusted basis on Nasdaq. This move is intended to increase the trading price of the shares to meet Nasdaq’s listing requirements.
More about Graphjet Technology
Graphjet Technology Sdn. Bhd., founded in 2019 in Malaysia, is an innovative producer of graphene and graphite. The company has developed the world’s first patented technology to recycle palm kernel shells, a byproduct of palm seed oil production, to produce single-layer graphene and artificial graphite. This sustainable production method aims to transform the global graphite and graphene supply chain.
Average Trading Volume: 34,498,446
Technical Sentiment Signal: Sell
Current Market Cap: $13.69M
Learn more about GTI stock on TipRanks’ Stock Analysis page.