24/7 Market News Snapshot 28 July, 2025 – Graphjet Technology Class A Ordinary Shares (NASDAQ:GTI)

July 28, 2025

DENVER, Colo., 28 July, 2025 (www.247marketnews.com) – (NASDAQ:GTI) are discussed in this article.
Graphjet Technology is currently experiencing significant momentum in the market, with its Class A shares trading at $0.145, a notable increase of 46.46% from the prior close of $0.099. This surge in share value is accompanied by a robust trading volume of 23.03 million shares, reflecting substantial investor interest and confidence in the company’s innovative strategies within the tech sector. Analysts are optimistic about Graphjet’s potential for sustained growth as it captures the attention of traders and investors alike.

Moreover, Graphjet has successfully maintained its listing on The Nasdaq Stock Market, following a favorable ruling from the Nasdaq Hearings Panel. This decision allows the company to continue its trading operations while it works to meet specific compliance obligations related to Nasdaq Listing Rules. The company is focused on regaining compliance with the Bid Price Rule by August 29, 2025, and the Periodic Filing Rule by September 15, 2025, with updates on its fundraising strategy to be provided by September 30, 2025. CEO Chris Lai expressed his appreciation for the Panel’s support, emphasizing the company’s commitment to fulfilling all requirements.

Lai highlighted the significant opportunity Graphjet faces amidst global graphite shortages exacerbated by export restrictions from China and rising tariffs on U.S. imports. The company aims to capitalize on this scenario by leveraging its innovative process of producing graphite from agricultural waste, positioning itself as a sustainable alternative in the market.

Looking forward, Graphjet plans to build a new manufacturing facility to meet the burgeoning demand for graphite, particularly in the electric vehicle industry. This expansion is anticipated to enhance production capabilities and create job opportunities, reinforcing the company’s role as a leader in sustainable practices and innovation within the graphite sector.

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