Hong Kong, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Graphex Group Limited (“Graphex Group” or the “Company”) (NYSE American: GRFX | HKSE: 6128)) announced today that it received an extension from the NYSE American LLC (the “Exchange”) for an additional period (the “Additional Cure Period”) to regain compliance with the NYSE American listing rules for American Depository Shares (ADS) on the Exchange until May 15, 2025 (the “New Cure Deadline”). The Company did not timely file with the Securities and Exchange Commission (“SEC”) its Form 20-F for the year ended December 31, 2023 (the “Delayed Filing”). The initial cure period for the Company to maintain its listing of its ADS listed on the Exchange expired on November 15, 2024. The listing of the ADSs continues on the Exchange during the Additional Cure Period pursuant to this extension, subject to the Company's compliance with other continued listing requirements and the NYSE Regulation Staff's review of the Company's efforts to regain compliance with the Exchange's continued listing standards. The expiration of the initial cure period and the grant of the Additional Cure Period by the Exchange does not affect the Company's business operations or its reporting obligations under the Securities and Exchange Commission regulations and rules. The Company plans to file the Delayed Filing as soon as possible and in any event within the Additional Cure Period. However, there can be no assurance that the Company will ultimately regain compliance with all applicable Exchange listing standards.

Mon, Nov. 18, 2024

WARREN, Mich.--(BUSINESS WIRE)--Graphex Group Limited (“Graphex Group” or the “Company”) (NYSE American: GRFX | HKSE: 6128), together with its wholly owned U.S. subsidiary, Graphex Technologies, LLC (Graphex Tech), see the recent steps being taken by the governments of the US and China as validation of Graphex's long-standing strategy to expand operations globally and to create separate, domestic end-to-end production ecosystems – from mine to battery – to serve both markets. With over a decade.

Tue, Dec. 19, 2023

WARREN, Mich.--(BUSINESS WIRE)--Graphex Group Limited (“Graphex Group” or the “Company”) (NYSE American: GRFX | HKSE: 6128), together with its wholly owned U.S. subsidiary, Graphex Technologies, LLC (Graphex Tech), today announced that it has entered into a Letter of Intent (LOI) with an independent NASDAQ-listed blank check company (the “Purchaser”), pursuant to which the Purchaser proposes to acquire 100% of the equity interest of Graphex Tech, which is held by Graphex Group, (the “Acquisitio.

Wed, Dec. 06, 2023

China flake graphite prices & spherical graphite prices were flat to slightly lower the past month. Slightly higher in Europe. Graphite market news - European graphite price increase in November 2023 amidst China export curtailment/permit set to begin on December 1, 2023. Graphite company news - MRC takes 100% ownership of Skaland. Northern Graphite resumes processing at North America's only producing graphite mine.

Wed, Nov. 29, 2023

WARREN, Mich.--(BUSINESS WIRE)--Graphex Group Limited, together with its wholly owned U.S. subsidiary, Graphex Technologies, LLC (“Graphex” or the “Company”) (NYSE American: GRFX | HKSE: 6128), is pleased to comment on the recent news out of China regarding new controls on graphite exports, and to re-emphasize its strategic approach to deliver the necessary anode material to meet the needs of North American automakers and battery manufacturers for Lithium-ion batteries required for EVs, energy.

Wed, Oct. 25, 2023