Graphjet Technology Faces Nasdaq Delisting Over Market Value Compliance

Reuters
2025.10.30 21:20
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Graphjet Technology has received a notice from Nasdaq for failing to meet the minimum market value requirement of $15 million for 30 consecutive trading days. The company does not currently satisfy the continued listing requirements under Nasdaq's Maintenance Standard 2. Nasdaq has requested a response by November 5, 2025, while Graphjet updates them on its fundraising efforts to regain compliance.