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Graphjet Technology Faces Nasdaq Non-Compliance Notice

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Graphjet Technology Faces Nasdaq Non-Compliance Notice

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Graphjet Technology ( (GTI) ) just unveiled an update.

On August 19, 2025, Graphjet Technology entered into a Sale and Purchase Agreement with Cosmo Esteem Sdn Bhd to acquire the property from which it currently operates, paying with company shares. Additionally, on August 20, 2025, Graphjet received a notice from Nasdaq for non-compliance with a listing rule due to a delayed quarterly report filing, which the company plans to rectify by September 15, 2025, to maintain its listing status.

More about Graphjet Technology

Graphjet Technology, founded in 2019 in Malaysia, is an innovative producer of graphene and graphite. The company utilizes a patented technology to recycle palm kernel shells, a waste product from palm seed oil production, into single-layer graphene and artificial graphite. This sustainable production method aims to revolutionize the global graphite and graphene supply chain.

Average Trading Volume: 35,507,791

Technical Sentiment Signal: Sell

Current Market Cap: $13.13M

For an in-depth examination of GTI stock, go to TipRanks’ Overview page.

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