UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Units, each consisting of one Class A ordinary share, par value $0.0001 per share, and one redeemable warrant ENCPU The Nasdaq Stock Market LLC Class A ordinary shares included as part of the units ENCP The Nasdaq Stock Market LLC Redeemable warrants included as part of the units, each whole warrant exercisable for one Class A ordinary share at an exercise p ...

PART I — FINANCIAL INFORMATION [Item 1. Financial Statements](index=4&type=section&id=Item%201.%20Financial%20Statements) Energem Corp. reported a net income of $152,167 for the nine months ended September 30, 2022, primarily from trust account interest, with total assets of $117.7 million and a $4.0 million shareholders' deficit [Balance Sheets](index=4&type=section&id=BALANCE%20SHEETS) As of September 30, 2022, total assets were $117.7 million, primarily from $117.4 million in trust account securities, resulting in a $4.0 million shareholders' deficit Balance Sheet Summary (as of September 30, 2022) | Category | Amount (USD) | | :--- | :--- | | **Assets** | | | Current Assets (Cash & Prepaid) | $241,385 | | Cash and marketable securities held in trust | $117,422,529 | | **Total Assets** | **$117,663,914** | | **Liabilities & Shareholders' Deficit** | | | Total Liabilities | $4,239,579 | | Class A ordinary shares subject to possible redemption | $117,422,529 | | Total shareholders' deficit | ($3,998,194) | | **Total Liabilities and Shareholders' Deficit** | **$117,663,914** | [Statement of Operations](index=5&type=section&id=STATEMENT%20OF%20OPERATIONS) For the nine months ended September 30, 2022, the company reported a net income of $152,167, achieved through $696,180 in interest income offsetting $544,103 in costs, resulting in $0.04 net income per share Statement of Operations Summary (Nine Months Ended Sep 30, 2022) | Metric | Amount (USD) | | :--- | :--- | | Formation and Operating costs | $544,103 | | Loss from operation | ($544,103) | | Interest earned on marketable securities | $696,180 | | **Net Income** | **$152,167** | | Basic and diluted net income per ordinary share | $0.04 | [Statement of Changes in Shareholders' Deficit](index=6&type=section&id=STATEMENT%20OF%20CHANGES%20IN%20SHAREHOLDERS'%20DEFICIT) The company's shareholders' deficit increased from $(3,452,832) to $(3,998,194) by September 30, 2022, primarily due to re-measurement of ordinary shares, partially offset by net income - The total shareholders' deficit grew to approximately **$4.0 million** by the end of Q3 2022, up from **$3.45 million** at the start of the year[16](index=16&type=chunk) [Statement of Cash Flows](index=7&type=section&id=STATEMENT%20OF%20CASH%20FLOWS) For the nine months ending September 30, 2022, net cash used in operating activities was $664,289, leading to a decrease in cash balance from $715,727 to $51,438 Cash Flow Summary (Nine Months Ended Sep 30, 2022) | Category | Amount (USD) | | :--- | :--- | | Net cash used in operating activities | ($664,289) | | Net change in cash | ($664,289) | | Cash at the beginning of the period | $715,727 | | **Cash at the end of the period** | **$51,438** | [Notes to Unaudited Financial Statements](index=8&type=section&id=NOTES%20TO%20UNAUDITED%20FINANCIAL%20STATEMENTS) Energem, a SPAC, raised $115 million in its November 2021 IPO, placing $116.7 million into a trust account, and has until November 2022 to complete a business combination, with a subsequent agreement to acquire Graphjet Technology for $1.38 billion - The company is a special purpose acquisition company (SPAC) targeting businesses in the oil and gas, renewable energy, and adjacent sectors[20](index=20&type=chunk) - The company has until November 18, 2022, to consummate a Business Combination, with an option to extend up to May 18, 2023, by depositing additional funds into the Trust Account[32](index=32&type=chunk) - On August 1, 2022, the Company entered into a share purchase agreement to acquire Graphjet Technology Sdn. Bhd. for an aggregate share consideration valued at **$1.38 billion**[85](index=85&type=chunk)[88](index=88&type=chunk) - The Sponsor has provided a promissory note of up to **$300,000** for offering-related costs, of which **$88,542** was outstanding as of September 30, 2022[63](index=63&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=20&type=section&id=ITEM%202.%20MANAGEMENT'S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management confirms the company is a blank check entity with no operations, focused on completing an initial business combination, reporting a net income of $152,167 for the nine months ended September 30, 2022, solely from trust account interest [Overview](index=20&type=section&id=Overview) The company is a blank check company formed in August 2021 to effect a business combination, acknowledging that additional share or debt issuance could dilute investors or introduce risks - The company is a blank check company formed for the purpose of effecting a business combination[93](index=93&type=chunk) - Management warns that issuing additional equity could significantly dilute investors, while incurring debt could lead to default, foreclosure, or restrictive covenants[94](index=94&type=chunk) [Results of Operations](index=22&type=section&id=Results%20of%20Operations) The company has not engaged in operations or generated revenue, with activities limited to organizational tasks and target search, reporting a net income of $152,167 for the nine-month period ended September 30, 2022, from interest income offsetting costs Financial Summary (Nine Months Ended Sep 30, 2022) | Item | Amount (USD) | | :--- | :--- | | Interest Earned | $696,180 | | Formation and Operating Costs | ($544,013) | | **Net Income** | **$152,167** | [Liquidity and Capital Resources](index=22&type=section&id=Liquidity%20and%20Capital%20Resources) As of September 30, 2022, the company had $51,438 in cash and $26,806 in working capital to fund its business combination search, with the Sponsor able to extend the deadline by depositing $1,150,000 for each three-month extension - As of September 30, 2022, the company had **$51,438** in cash and a working capital of **$26,806**[102](index=102&type=chunk) - The Sponsor can extend the business combination deadline by three months (up to two times) by depositing **$1,150,000** into the Trust Account for each extension[105](index=105&type=chunk)[106](index=106&type=chunk) - The Sponsor may provide Working Capital Loans, which can be repaid or converted into units at **$10.00** per unit upon a successful business combination[103](index=103&type=chunk) [Contractual Obligations](index=23&type=section&id=Contractual%20Obligations) The company has no long-term debt, with main contractual obligations being a $10,000 monthly administrative fee to its Sponsor and a $4,025,000 deferred underwriting commission, both payable upon business combination completion - The company is obligated to pay its Sponsor **$10,000** per month for administrative support, payable upon closing a Business Combination[110](index=110&type=chunk) - A deferred underwriting commission of **$4,025,000** is payable from the Trust Account upon completion of an initial Business Combination[111](index=111&type=chunk) [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=24&type=section&id=ITEM%203.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) The company states it has no material exposure to interest rate risk, as funds in the Trust Account are invested in short-term U.S. government treasury securities or money market funds - The company's funds in the Trust Account are invested in short-term U.S. government securities, leading to the belief that there is no material exposure to interest rate risk[113](index=113&type=chunk) [Item 4. Controls and Procedures](index=24&type=section&id=ITEM%204.%20CONTROLS%20AND%20PROCEDURES) Management concluded that the company's disclosure controls and procedures were effective as of September 30, 2022, with no material changes to internal control over financial reporting during the quarter - Management concluded that as of September 30, 2022, the company's disclosure controls and procedures were effective[116](index=116&type=chunk) - There were no changes in internal control over financial reporting during the quarter that materially affected, or are reasonably likely to materially affect, internal controls[117](index=117&type=chunk) PART II - OTHER INFORMATION [Item 1. Legal Proceedings](index=24&type=section&id=Item%201.%20Legal%20Proceedings) The company reports that there are no legal proceedings - None[119](index=119&type=chunk) [Item 1A. Risk Factors](index=24&type=section&id=Item%201A.%20Risk%20Factors) The company indicates that there have been no material changes to the risk factors previously disclosed in its final prospectus or Annual Report on Form 10-K - There have been no material changes to the risk factors disclosed in the company's prior filings[120](index=120&type=chunk) [Item 2. Unregistered Sale of Equity Securities and Use of Proceeds](index=25&type=section&id=Item%202.%20Unregistered%20Sale%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) This section details the private placement of units to the Sponsor, which raised approximately $5.28 million, and outlines the use of proceeds from the Initial Public Offering, confirming $116,725,000 was placed into a Trust Account - The company completed a private placement to its Sponsor of **528,075** units at **$10.00** per unit, generating gross proceeds of **$5,280,750**[122](index=122&type=chunk) - From the Initial Public Offering and private placement, **$116,725,000** was deposited into the Trust Account[126](index=126&type=chunk) [Item 3. Defaults Upon Senior Securities](index=25&type=section&id=Item%203.%20Defaults%20Upon%20Senior%20Securities) The company reports no defaults upon senior securities - None[127](index=127&type=chunk) [Item 5. Other Information](index=25&type=section&id=Item%205.%20Other%20Information) The company reports no other information - None[128](index=128&type=chunk) [Item 6. Exhibits](index=26&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, primarily consisting of certifications by the Principal Executive Officer and Principal Financial Officer, along with Inline XBRL financial data files - Exhibits filed include certifications from the Principal Executive Officer and Principal Financial Officer pursuant to Sarbanes-Oxley Act Sections 302 and 906, as well as Inline XBRL documents[131](index=131&type=chunk)

Financial Performance - The Company had a net loss of $72,389 for the six-month period ended June 30, 2022, consisting of formation and operating costs of $241,714 and interest earned on marketable securities of $169,325[96]. - The Company has not engaged in any operations or generated revenues to date, with expectations to do so only after completing a Business Combination[95]. Initial Public Offering (IPO) - The Initial Public Offering (IPO) generated gross proceeds of $100,000,000 from the sale of 10,000,000 units at $10.00 per unit, with offering costs amounting to $6,738,148[97]. - The Company raised an additional $15,000,000 from the sale of 1,500,000 Option Units following the exercise of the over-allotment option[99]. - The underwriter received a cash underwriting fee of 2.0% of gross proceeds from the IPO, totaling $2,300,000, along with deferred underwriting commissions of $4,025,000[107]. Cash and Working Capital - As of June 30, 2022, the Company had $262,873 in cash and a working capital of $329,105 available for identifying and evaluating prospective acquisition candidates[100]. - The Company has invested the net proceeds from the IPO in U.S. government treasury bills and money market funds, minimizing exposure to interest rate risk[109]. Business Combination Plans - The Company expects to incur significant costs in pursuing its initial Business Combination plans and does not guarantee the success of its capital-raising efforts[94]. - The Company may extend the time to consummate a Business Combination up to 18 months, subject to the Sponsor depositing additional funds into the Trust Account[103]. - The Company has no long-term debt or capital lease obligations, and may reimburse the Sponsor up to $10,000 per month for administrative support until the completion of the Business Combination[106].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41070 ENERGEM CORP. (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisdiction of i ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission File Number: 001-41070 Energem Corp. FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to _____ (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisdictio ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: ________ ENERGEM CORP. (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other jurisd ...