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Graphjet Technology ( (GTI) ) has provided an announcement.
On September 2, 2025, Graphjet Technology received a notice from Nasdaq indicating non-compliance with the Nasdaq Listing Rule requiring a minimum market value of $50 million for 30 consecutive trading days. While this notice does not immediately affect the company’s listing, Graphjet is required to present its views to Nasdaq by September 9, 2025, and update on its fundraising plans by September 30, 2025, to address the deficiency.
More about Graphjet Technology
Graphjet Technology Sdn. Bhd., 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, to create single layer graphene and artificial graphite, aiming to revolutionize the global supply chain for these materials.
Average Trading Volume: 550,835
Technical Sentiment Signal: Sell
Current Market Cap: $8.29M
Learn more about GTI stock on TipRanks’ Stock Analysis page.