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An announcement from Graphjet Technology ( (GTI) ) is now available.
On June 18, 2025, Graphjet Technology received a notice from Nasdaq regarding noncompliance with the minimum bid price requirement, which could lead to delisting. The company plans to appeal the decision, which will delay any suspension of its securities until a hearing on July 17, 2025. Graphjet is making efforts to regain compliance within the given timeframe, although there is no assurance of success.
More about Graphjet Technology
Graphjet Technology, founded in 2019 in Malaysia, is an innovative producer of graphene and graphite. The company is known for its patented technology that recycles palm kernel shells, a byproduct of palm seed oil production, to create single-layer graphene and artificial graphite. This sustainable approach aims to transform the global supply chain for graphite and graphene.
Average Trading Volume: 24,073,651
Technical Sentiment Signal: Sell
Current Market Cap: $11.17M
For an in-depth examination of GTI stock, go to TipRanks’ Overview page.