24/7 Market News Snapshot 15 July, 2025 – Graphjet Technology Class A Ordinary Shares (NASDAQ:GTI)

July 15, 2025

DENVER, Colo., 15 July, 2025 (www.247marketnews.com) – (NASDAQ:GTI) are discussed in this article.
Graphjet Technology (GTI), a leader in innovative graphite and graphene production, is currently experiencing significant market momentum. Following the filing of its Form 10-K, which signifies a strategic advancement in fortifying its market position, the stock opened at $0.072 and has surged 45.09%, now trading at $0.102. The trading volume has reached an impressive 20.24 million shares, showcasing increased investor interest and engagement.

This transformative year for Graphjet has been significantly propelled by the strategic involvement of new controlling shareholder Mr. Aiden Lee. His substantial support propelled the company through its fiscal year audit for 2024, despite facing unexpected delays. In tandem with an experienced accounting services firm, Graphjet is expediting the filing of Forms 10-Q for upcoming quarters, crucial for its fundraising initiatives aimed at bolstering capabilities.

To further ensure compliance with Nasdaq listing requirements, the company is preparing to appeal a delisting determination during a scheduled hearing with the Nasdaq Hearings Panel on July 17, 2025. While the outcome remains uncertain, the company maintains a positive outlook on its strategic endeavors. A shareholders’ meeting is also scheduled for July 30, 2025, to consider a reverse stock split, which is designed to meet minimum price bid requirements.

Chris Lai, CEO of Graphjet Technology, expressed confidence in the company’s strategy to overcome current compliance hurdles and looks forward to continuous updates on its transformation. The organization is in active discussions with potential investors eager to support its vision for sustainable graphite and graphene production, leveraging innovative recycling processes. Founded in 2019, Graphjet is committed to revolutionizing the graphite and graphene supply chain while adhering to sustainable practices and pioneering advancements in the industry.

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