Graphjet Technology Faces Delisting Concerns

Ticker: GTIJF · Form: 8-K · Filed: Dec 12, 2025 · CIK: 1879373

Sentiment: bearish

Topics: delisting, listing-standards, corporate-actions

TL;DR

Graphjet might get delisted, stock watch!

AI Summary

Graphjet Technology filed an 8-K on December 12, 2025, reporting a notice of delisting or failure to satisfy continued listing rules. The filing also covers other events, with the earliest reported event date being December 10, 2025. The company was formerly known as Energem Corp until August 20, 2021.

Why It Matters

This filing indicates potential issues with Graphjet Technology's continued listing on an exchange, which could significantly impact its stock trading and investor confidence.

Risk Assessment

Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to investors.

Key Players & Entities

FAQ

What specific listing rule or standard has Graphjet Technology failed to satisfy?

The filing does not specify the exact rule or standard that Graphjet Technology has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.

What is the primary reason for the potential delisting of Graphjet Technology?

The filing states it is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard,' but the specific underlying cause is not detailed in this 8-K.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on December 10, 2025.

Has Graphjet Technology always been known by its current name?

No, Graphjet Technology was formerly known as Energem Corp, with a name change occurring on August 20, 2021.

What is the principal executive office address for Graphjet Technology?

The principal executive offices are located at Lot 3895, Lorong 6D, Kampung Baru Subang, Seksyen U6, Shah Alam, Selangor, Malaysia 40150.

Filing Stats: 1,273 words · 5 min read · ~4 pages · Grade level 16.1 · Accepted 2025-12-12 16:33:06

Filing Documents

01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed, on November 11, 2025, the Hearings Panel of The Nasdaq Stock Market LLC (the "Panel") determined to delist the Company's Class A ordinary shares from The Nasdaq Global Market due to deficiencies under Nasdaq Listing Rules 5450(b)(2) (market value of listed securities) and 5450(b)(3)(C) (market value of publicly held shares). The delisting became effective on November 13, 2025. On November 25, 2025, the Company timely appealed the Panel's decision to the Nasdaq Listing and Hearing Review Council (the "Council") pursuant to Nasdaq Listing Rule 5820 (Docket No. NQ 7187N-25), and Nasdaq acknowledged the appeal on November 26, 2025. On December 10, 2025, the Company submitted its formal appeal together with an updated, documentation-backed compliance plan requesting that the Council (i) review and reverse the Panel's decision and (ii) authorize a provisional relisting of the Company's Class A ordinary shares on The Nasdaq Global Market during the pendency of the Council's review to facilitate implementation of the compliance plan. There can be no assurance that the Council will grant the requested relief, that the Company will regain or maintain compliance with the Nasdaq Listing Rules, or that the appeal will ultimately be successful. Following the delisting from Nasdaq, the Company's Class A ordinary shares are currently quoted and trading on an over-the-counter market under the symbol "GTIJF".

01. Other Events

Item 8.01. Other Events. On November 17, 2025, the Company filed with the U.S. Securities and Exchange Commission (the "SEC") its definitive proxy statement for its annual general meeting of shareholders to be held on December 19, 2025, at 10:00 a.m. Eastern Standard Time (the "AGM"). The proxy materials were mailed to shareholders on or about November 26, 2025. Shareholders of record at the close of business on November 14, 2025 are entitled to notice of, and to vote at, the AGM. As described in the definitive proxy statement, shareholders will be asked to consider and vote upon proposals that are integral to the Company's compliance plan submitted to the Council, including, among others: (i) approval of certain share issuances, (ii) an increase in the Company's authorized share capital and a related charter amendment, (iii) a warrant exercise proposal, (iv) the re-election of a director, (v) the ratification of the Company's independent registered public accounting firm, and (vi) the adjournment of the AGM, if necessary. The Board of Directors recommends that shareholders vote "FOR" each proposal, as further described in the definitive proxy statement. The foregoing is a summary only and is qualified in its entirety by reference to the definitive proxy statement filed with the SEC on November 17, 2025. This Current Report on Form 8-K is not a solicitation of any vote, consent, or authorization. Cautionary Statement Regarding Forward-Looking Statements. The information in this Current Report on Form 8-K contains certain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "aim," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result" and similar expressions, but the

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GRAPHJET TECHNOLOGY Date: December 12, 2025 By: /s/ Chris Lai Name: Chris Lai Title: Chief Executive Officer

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