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Graphjet Technology ( (GTI) ) has provided an update.
On May 15, 2025, Graphjet Technology entered into a Warrant Subscription Agreement with its former CEO, Aiden Lee Ping Wei. Under this agreement, Wei purchased 20,000,000 warrants to buy up to 200,000,000 shares of the company’s Class A ordinary shares at an exercise price of $0.055 per share for $200,000. The shares cannot be transferred for 12 months, and stockholder approval is required for issuing shares beyond 29,000,000.
More about Graphjet Technology
Average Trading Volume: 13,500,483
Technical Sentiment Signal: Sell
Current Market Cap: $22.39M
Learn more about GTI stock on TipRanks’ Stock Analysis page.