The approval of the merger and the upcoming listing of the combined company under a new ticker symbol 'GTI' on Nasdaq are significant positive developments for Energem Corp. This merger not only expands Energem's business scope by incorporating Graphjet's patented technology but also potentially enhances its market visibility and investor appeal with the new listing. Such strategic moves are generally viewed positively by the market, likely leading to a short-term uptick in the stock price.