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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Graphjet Technology - GTI

Graphjet Technology - Class A Ordinary Shares (GTI) 
Company Research Source: GlobeNewswire
NEW YORK, June 13, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Graphjet Technology (“Graphjet” or the “Company”) (NASDAQ: GTI). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980. The investigation concerns whether Graphjet and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On June 4, 2024, Graphjet disclosed receipt of a delinquency notification letter from Nasdaq, 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. On this news, Graphjet’s stock price fell $0.56 per share, or 9.24%, to close at $5.50 per share on June 5, 2024. Pomerantz LLP, with offices in New York, Chicago, Los A Show less Read more
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