Graphjet Technology Announces 1-for-60 Share Consolidation Approved by Shareholders

Reuters

Aug 08

<a href="https://laohu8.com/S/GTI">Graphjet Technology</a> Announces 1-for-60 Share Consolidation Approved by Shareholders

Graphjet Technology (NASDAQ: GTI) announced the approval of a share consolidation by its shareholders at an extraordinary general meeting held on August 7, 2025. The company's board of directors decided on a consolidation ratio of 1-for-60. The share consolidation is aimed at regaining compliance with Nasdaq's requirements, and further details, including the effective date, will be announced soon.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Graphjet Technology published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9508713-en) on August 07, 2025, and is solely responsible for the information contained therein.

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The company's board of directors decided on a consolidation ratio of 1-for-60. The share consolidation is aimed at regaining compliance with Nasdaq's requirements, and further details, including the effective date, will be announced soon.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Graphjet Technology published the original content used to generate this news brief via GlobeNewswire (Ref. 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