Graphjet Technology eyes Nasdaq debut with US$1.49bil valuation


KUALA LUMPUR: Graphjet Technology Sdn Bhd, a green graphite producer, is eyeing a Nasdaq debut with a US$1.49 billion (RM7.10 billion) pro-forma enterprise value following the greenlighting of its de-Spac transaction by the United States Securities and Exchange Commission.

Graphjet said this development is a milestone in its journey towards becoming a publicly traded entity that not only signifies the company’s business growth but also its commitment to shaping a green supply chain ecosystem globally.

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