Reverse Recapitalization (Tables)

12 Months Ended

Sep. 30, 2024

Reverse Recapitalization [Abstract]

Schedule of Reverse Recapitalization for Shares of Ordinary Shares Issued and Outstanding

The following table presents the number of the Company’s ordinary shares issued and outstanding immediately following the Reverse Recapitalization (as defined below):

		Ordinary
		Share
Energem’s ordinary shares outstanding prior to Reverse Recapitalization			4,430,622
Less: redemption of Energem’s ordinary shares			(704,316	)
Ordinary shares issued to underwriter			202,500
Ordinary shares issued to financial advisor			2,760,000
Total ordinary shares issued upon completion of reverse recapitalization			6,688,806
Conversion of Graphjet’s ordinary shares			137,750,000
Total ordinary shares issued and outstanding upon completion of reverse recapitalization			144,438,806

Schedule of Reverse Recapitalization to the Consolidated Statements of Cash Flows Changes in Shareholders’ Deficit

The following table reconcile the elements of the Reverse Recapitalization to the consolidated statements of cash flows and the changes in shareholders’ deficit:

		March 14,
		2024
Funds held in Energem’s trust account		$	3,760,259
Funds held in Energem’s operating cash account			1,231
Less: payments of transaction costs incurred by Energem			(3,760,259	)
Proceeds from the Reverse Recapitalization			1,231
Less: non-cash net deficit assumed from Energem			(3,474,995	)
Net distributions from issuance of ordinary shares upon the Reverse Recapitalization		$	(3,473,764	)