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The latest update is out from Graphjet Technology ( (GTIJF) ).
On November 11, 2025, Graphjet Technology was found by a Nasdaq Hearings Panel to be deficient under Nasdaq Listing Rules 5450(b)(2) and 5450(b)(3)(C) relating to the market value of listed securities and publicly held shares, leading to a decision to delist its Class A ordinary shares, which became effective on November 13, 2025. The company appealed on November 25, 2025 with a new compliance plan based on the equity standard in Nasdaq Listing Rule 5450(b)(1), but on February 24, 2026 the Nasdaq Listing and Hearing Review Council affirmed the delisting, confirming Graphjet’s removal from Nasdaq and impacting its visibility and liquidity in public markets.
Graphjet’s attempt to regain compliance focused on demonstrating sufficient stockholders’ equity and market value of publicly held shares as an alternative listing standard. The Listing Council’s decision to uphold the earlier delisting ruling closes this avenue for continued Nasdaq trading, signaling ongoing challenges for the company in meeting major exchange requirements and potentially affecting shareholders’ ability to trade the stock on a premier U.S. market.
More about Graphjet Technology
Graphjet Technology is a Cayman Islands exempted company whose securities, including its Class A ordinary shares, were previously listed on The Nasdaq Stock Market LLC. The company’s market presence and investor access have been tied to its Nasdaq listing status, which is subject to compliance with Nasdaq’s quantitative listing standards, including market value and equity thresholds.
Average Trading Volume: 6,562
Technical Sentiment Signal: Sell
Current Market Cap: $737.1K
See more insights into GTIJF stock on TipRanks’ Stock Analysis page.