- Graphjet Technology (GTI, Financial) is finalizing its 2024 financial statements, with plans to file its Annual Report 10-K by June 2025.
- Founder Aiden Lee recently increased his stake, signaling confidence in the newly restructured board.
- Completion of Q1 2025 financial statements will follow the 2024 annual report filing, indicating a potential delay.
Graphjet Technology (GTI), a company pioneering technologies to produce graphite and graphene from agricultural waste, announced it is in the process of finalizing its financial statements for the fiscal year 2024. The company is diligently working with its independent auditors to complete the audit and projects that the Annual Report on Form 10-K will be submitted by the end of June 2025.
The focus will then shift to preparing the financial statements for the first quarter of 2025, to be filed on Form 10-Q. This step will be undertaken immediately following the completion of the 2024 annual report, pointing to a potential delay in their Q1 financial disclosures.
Founder Aiden Lee, who has recently increased his ownership stake in the company, expressed his confidence in the new board of directors following recent leadership changes. He highlighted their professional expertise as crucial to achieving the company's goals and steering Graphjet Technology towards future successes.
Graphjet Technology, headquartered in Kuala Lumpur, Malaysia, continues to innovate in the industrial sector, leveraging patented methods to recycle agricultural waste into valuable materials. For more information, visit their website at www.graphjettech.com.
