Levi & Korsinsky notifies investors that it has commenced an investigation into Graphjet Technology (NASDAQ: GTI) concerning potential violations of the federal securities laws.
Graphjet disclosed receipt of a delinquency notification letter from Nasdaq, on June 4, 2024, indicating that the Company was not in compliance with listing rules as a result of its failure to timely file its quarterly report for the quarter ended March 31, 2024 with the U.S. Securities and Exchange Commission. Following this news, Graphjet’s stock price dropped over 8% on June 5, 2024.
If you suffered a loss on your Graphjet securities and would like to explore a potential recovery under the federal securities laws, submit to us or contact Joseph E. Levi, Esq. via email at [email protected] or call 212-363-7500 to speak to our team of experienced shareholder advocates.
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