Graphjet Stock Soars 16.88% on Nasdaq Listing Stay

On June 17, 2025, Graphjet's stock surged by 16.88% in pre-market trading, marking a significant uptick in investor interest and confidence in the company's future prospects.

Graphjet Technology recently announced that its Nasdaq listing suspension has been temporarily stayed, providing a brief respite from potential delisting. The company is scheduled to appear before a Nasdaq Hearing on July 17, 2025, to address compliance issues and avoid delisting.

This development comes as Graphjet Technology faces scrutiny over its compliance with Nasdaq listing rules. The company has been working to address these issues, and the temporary stay of suspension indicates progress in its efforts to meet regulatory requirements.

Investors are closely monitoring the situation, as the outcome of the Nasdaq Hearing could have significant implications for Graphjet's stock performance and overall market standing. The company's ability to demonstrate compliance and resolve outstanding issues will be crucial in determining its future on the Nasdaq exchange.