Graphjet Technology Discloses Notice from Nasdaq

Core Points - Graphjet Technology received a notice from Nasdaq regarding non-compliance due to delays in filing its Quarterly Report on Form 10-K and Annual Report on Form 10-Q [1][2] - The company has until April 29, 2025, to submit a plan to regain compliance, with a potential extension until July 14, 2025, if the plan is accepted [2] - Graphjet is actively working to complete the required filings [3] Company Overview - Graphjet Technology, founded in 2019 in Malaysia, specializes in producing graphene and graphite from agricultural waste, specifically palm kernel shells [4] - The company holds the world's first patented technology for recycling palm kernel shells into single-layer graphene and artificial graphite [4] - Graphjet aims to transform the graphite and graphene supply chain through sustainable production methods [4]