Why Did Graphjet Plunge 14.82%? Nasdaq Non-Compliance Notice

On August 26, 2025, Graphjet's stock experienced a significant drop of 14.82% in pre-market trading, sparking concerns among investors about the company's recent developments.

Graphjet Technology (GTI) has received a non-compliance notice from Nasdaq due to the delayed filing of its Q2 2025 Form 10-Q. The company is required to respond to the notice by August 27 and regain compliance by September 15, 2025. This notice highlights the company's failure to meet Nasdaq's listing rules, which could potentially impact its stock performance in the coming weeks.

Despite the notice, the listing of Graphjet's ordinary shares on the Nasdaq Global Market will continue to trade as usual. However, the delayed filing and the subsequent notice from Nasdaq have raised questions about the company's financial health and operational efficiency. Investors are closely monitoring the situation, awaiting Graphjet's response and compliance plan.