Graphjet Technology announced it received a written notice on August 20, 2025, from Nasdaq, stating non-compliance with Listing Rule 5250(c)(1). This deficiency is due to the company's failure to file its Quarterly Report on Form 10-Q for the period ended June 30, 2025, with the U.S. Securities and Exchange Commission.
The notice has no immediate effect on the listing of Graphjet's ordinary shares on The Nasdaq Global Market. However, Nasdaq has requested the company to present its views on this deficiency in writing by August 27, 2025, as it will be considered in the decision regarding continued listing.
Graphjet previously agreed with Nasdaq to regain compliance with the rule by September 15, 2025. The company stated it is working diligently to complete and file the Form 10-Q by this deadline and intends to regain compliance with Nasdaq’s continued listing requirements.
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