J-Star Holding Co., Ltd.

J-Star Holding Co., Ltd. announced it received a Staff Delisting Determination Letter from Nasdaq on June 12, 2026, due to non-compliance with the minimum bid price requirement of $1.00 per share. The company had previously received notice on December 12, 2025, and failed to regain compliance by June 10, 2026. J-Star intends to request an oral hearing before the Nasdaq Hearings Panel, which will stay the delisting action, allowing its Class A ordinary shares to continue trading during the review process. The company plans to submit a compliance plan to the Panel.

J-Star Holding Co., Ltd. announced it received a Staff Delisting Determination Letter from Nasdaq on June 12, 2026, for failing to maintain a minimum bid price of $1.00 per share. The company had previously received a non-compliance notice in December 2025 and was not eligible for a second compliance period after the initial one ended on June 10, 2026. J-Star intends to request an oral hearing before the Nasdaq Hearings Panel, which will temporarily stay the delisting action, and plans to submit a compliance plan.

J-Star Holding Co., Ltd. announced the successful completion of its Annual General Meeting, where shareholders approved all resolutions, including granting the Board discretionary authority for share consolidation. The company reaffirmed its commitment to its U.S. advanced manufacturing strategy, backed by a recently authorized $60 million sovereign-backed financing framework from Taiwanese banking institutions. J-Star is actively building a resilient domestic supply chain for high-performance carbon fiber technologies and a 100 MWh solid-state battery manufacturing facility in Baytown, Greater Houston, aligning with U.S. national priorities.

J-Star Holding Co., Ltd. announced the successful completion of its Annual General Meeting, where shareholders approved all resolutions, including granting the Board discretionary authority for share consolidation. The company highlighted significant operational and strategic milestones, including formal authorization from the Central Bank of Taiwan for a $60 million sovereign-backed financing framework to support its Baytown manufacturing initiative. J-Star also submitted a full grant application to the U.S. Department of Energy and received a Letter of Intent from the Baytown West Chambers County Economic Development Foundation for site support for its proposed 100 MWh solid-state battery manufacturing facility.

J-Star Holding Co., Ltd. announced significant progress for its proposed $122.5 million solid-state battery manufacturing facility in Baytown, Texas. Key milestones include authorization from the Taiwan Central Bank for a proposed $60 million outbound investment and a formal site commitment from the Baytown West Chambers County Economic Development Foundation. These developments advance capital formation and site readiness while the Company's DOE Grant application remains under review.

J-Star Holding Co., Ltd. provided additional details regarding the Letter of Intent (LOI) from the Baytown West Chambers County Economic Development Foundation (EDF) for its proposed 100MWh modular automated solid-state battery manufacturing facility in Baytown, Texas. The LOI, executed on April 14, 2026, outlines site-selection assistance, infrastructure planning, and development support, including securing a five-acre parcel and an 18-month site availability commitment. This update follows the recent authorization from the Central Bank of Taiwan for a proposed $60 million loan facility, contributing to the expected total investment of $122.5 million for the project. The company's DOE grant application remains under review.

J-Star Holding Co., Ltd. announced that its subsidiary YMA Corporation received formal authorization from the Central Bank of Taiwan for sovereign-backed financing. This authorization paves the way for a $60 million U.S. dollar loan facility to support a strategic U.S. infrastructure expansion. The financing is intended for the development of a 100MWh solid-state battery manufacturing line in Baytown, Texas, representing a total projected investment of approximately $122.5 million.

J-Star Holding Co., Ltd.'s subsidiary, YMA Corporation, received formal authorization from the Central Bank of Taiwan to initiate a $60 million sovereign-backed financing framework. This funding is designated for a strategic U.S. infrastructure expansion initiative under YMA(TX) INC., specifically to develop a 100MWh solid-state battery manufacturing line in Baytown, Texas. The total projected investment for this facility is approximately $122.5 million, aiming to support domestic sourcing in aerospace, commercial drone, and electric vehicle markets.

J-Star Holding Co., Ltd. announced the conversion of an US$8.2 million outstanding loan from Chiang Yu-Ning, a family member of CEO Mr. Jing-Bin Chiang, into Class A ordinary shares. The conversion will occur at a price of US$4.00 per share, which is greater than the company's recent closing and average trading prices. This transaction will result in the issuance of 2,050,000 Class A Ordinary Shares, increasing Mr. Chiang's total voting power to approximately 81.88%. The board and audit committee approved the transaction as a related party deal.

J-Star Holding Co., Ltd. announced a partnership with White Group through a Memorandum of Understanding (MOU) to secure a proposed $100 million investment. This capital raise is intended to fund the construction, automation, and technical development of its Baytown, Texas facility, which will establish a 100 megawatt-hour (MWh) modular production line for Made-in-USA polymer-based solid-state battery solutions. The project targets the rapidly expanding unmanned aerial vehicle (UAV) and drone markets and complements a previously submitted U.S. Department of Energy grant application.