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4 - GRAPHJET TECHNOLOGY (0001879373) (Issuer)
4 - GRAPHJET TECHNOLOGY (0001879373) (Issuer)
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New York, United States, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet" or the "Company") today announced that on September 2, 2025, it received a written notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that because the Company did not regain compliance with Nasdaq Listing Rule 5450(b)(2)(A), requiring that the Company maintain a minimum market value of its publicly held shares of $50,000,000 for 30 consecutive trading days, by September 1, 2025, Nasdaq will consider this deficiency in their decision regarding the Company's continued listing on The Nasdaq Global Market. The Notice has no immediate effect on the listing of the Company's ord
New York, United States, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet" or the "Company") today announced that on August 20, 2025, it received a written notice (the "Notice") from the Nasdaq Stock Market LLC ("Nasdaq") stating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule") because the Company has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2025 (the "Form 10-Q") with the U.S. Securities and Exchange Commission. The Notice has no immediate effect on the listing of the Company's ordinary shares on The Nasdaq Global Market, which will continue to trade on The Nasdaq Global Market under the symbol "G
New York, United States, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet" or "the Company") is now able to produce graphite that is up to the standard and the graphite produced can be used as battery anode material. With this, the Company will now move ahead to finalise collaborations, supply agreements and offtake agreements with its customers in the coming weeks. Whilst the upcoming share consolidation might reduce the number of shares trading in the market, the Company has initiated steps to increase the number of shares in the market, with the issuance and registration of additional shares to the market, subject to registration with the SEC. The Company has also engag
New York, United States, Aug. 20, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet" or "the Company") has completed the testing and commissioning of its new machinery and equipment. This has increased the Company's production capacity by 7 times and with the enhanced functions of the new machinery and equipment, the Company is now also able to produce types of graphite and graphene for other industries, including the semiconductor industry. With this, the Company is now hopeful for more collaborations and offtake agreements from its customers. In addition, it has also completed commissioning of its laboratory last week. The Company believes that with these new machinery, equipmen
New York, United States, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet" or "the Company") has agreed to support and collaborate with Centre for Materials Engineering and Smart Manufacturing (MERCU) of Universiti Kebangsaan Malaysia (UKM) after receiving a letter of intent from UKM for the Consortium of Research Excellence (KKP) 2025 under the Malaysian Ministry of Higher Education to collaborate on utilising graphite and graphene into additive manufacturing technology to develop advance heat sinks. In addition, Graphjet today completed a laboratory which enhanced the capability of Graphjet to perform quality test on its graphite and graphene as well as research on impr
New York, United States, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology (NADSAQ: GTI) (the "Company") today announced that its board of directors (the "Board") has determined the effective date for the previously approved share consolidation of the Company's ordinary shares at a ratio of 1-for-60 and to reduce the par value of the Company's ordinary shares from $0.0001 per share to $0.006 per share (the "Share Consolidation"). The Share Consolidation will become effective as of 12:01 a.m. Eastern Time on August 25, 2025 and the Company's ordinary shares are expected to begin trading on a split-adjusted basis on The Nasdaq Global Market under the Company's existing trading symbol
New York, United States, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology (NADSAQ: GTI) (the "Company") today announced that its shareholders approved a share consolidation proposal at the Company's extraordinary general meeting of shareholders held on August 7, 2025. The approved proposal authorizes the Company's board of directors (the "Board") to effect a share consolidation of the Company's issued and unissued ordinary shares at a ratio ranging from 1-for-50 to 1-for-150, with the final ratio to be determined at the discretion of the Board. On that same date, the Board approved a share consolidation ratio of 1-for-60. The Company intends to file Amended and Restated Memorandum
New York, United States, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology (the "Company") was honoured to receive the visit of management executives of a leading South Korean conglomerate, well-regarded globally in the steel and battery materials industry. The visit served as a meaningful step toward having the Company supply to one of the biggest conglomerates in Korea. Established in 1968, the Korean group is an emerging leader in the battery materials industry. In 2024, it reported consolidated revenues of KRW 72.688 trillion (equivalent to USD 52.6 billion), operating profits of KRW 2.174 trillion (equivalent to USD 1.6 billion), and net profits of KRW 948 billion (equivalent to
New York, United States, July 30, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet" or "the Company") is pleased to announce the successful arrival of its new machineries and equipment to its factory in Malaysia today, as planned. The arrival of its new machineries and equipment coincides with the arrival of a specialist from the supplier to install and commission the new machineries and equipment. The installation is scheduled to be completed within a week and the new machineries and equipment will undergo a comprehensive test run to ensure all equipment operates efficiently and meets required performance standards. Once operational, the new system is expected to play a key role
New York, United States, July 28, 2025 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet" or "the Company") announced today that it stands to benefit from the expansion in the semiconductor manufacturing in the United States, where many chip manufacturers have invested, especially in the production of AI Chips. Tesla CEO, Elon Musk, made an announcement today that Tesla has signed a $16.5 billion chipmaking agreement with Samsung which will last until 2033 where Samsung's fabrication plant in Texas will be dedicated to making the next-generation AI6 inference chips, which is designed for humanoid robots, self-driving cars and AI data centers. With the surging demand for specialized ch
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KUALA LUMPUR, Malaysia, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Graphjet Technology ("Graphjet" or "the Company") (NASDAQ:GTI), a leading developer of patented technologies to produce graphite and graphene directly from agricultural waste, today announced that management will host a webcast and conference call to provide a business update at 9 AM ET on Thursday, December 12, 2024. A live webcast of the call will be available by clicking here. Please log in approximately 5-10 minutes prior to the scheduled start time. Participants may also access the call by dialing (877) 407-9208 for domestic callers or (201) 493-6784 for international callers. A replay of the call will be available for two w