Graphjet Technology provides update on Nasdaq hearing

Graphjet Technology (GTI) announced that Chris Lai, the CEO/CFO of Graphjet has attended the previously reported hearing with the Hearing Panel on July 17 and has together with the company’s attorney presented the company’s case to the Hearing Panel. During the hearing, Chris Lai made a commitment to the Hearing Panel that the company’s Forms 10Q for the three months ended December 31, 2024, March 31, 2025 and June 30, 2025 would be filed by the middle of September 2025. The company will update investors by making an additional press release should there be any material changes to mid-September filing. The Hearing Panel will review the company’s presentation, and is expected to return a decision within two weeks. There can be no assurance that the Hearing Panel will approve the company for continued listing on Nasdaq.