August 26, 2025 - 04:32
Graphjet Technology has been notified by the Nasdaq Stock Market regarding a violation of its listing rules, specifically for failing to submit its Quarterly Report on Form 10-Q by the required deadline. The report, which pertains to the financial period ending June 30, 2025, is crucial for maintaining transparency and compliance with regulatory standards.
Despite this notice, the trading of Graphjet's shares remains unaffected at this time. The company is expected to address the issue promptly to ensure it adheres to Nasdaq's requirements. Non-compliance can lead to further actions, including potential delisting if the company fails to rectify the situation within the stipulated time frame.
The delay in filing has raised concerns among investors about the company's operational transparency and financial health. As Graphjet works to resolve the matter, stakeholders will be closely monitoring any updates regarding the submission of the overdue report.
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