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Chijet Announces Effective Date of Share Consolidation
Globenewswire· 2025-10-30 00:12
New York, Oct. 29, 2025 (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced that it will effect a one hundred (100)-for-one (1) share consolidation of its issued and unissued ordinary shares, par value US$0.3 per share on November 3, 2025. On September 24, 2025, the Company’s shareholders voted and approved at the annual general meeting (1) that the Company shall undertake an up to 100 for 1 share consolidation of the issued and unissued shares of the Co ...
Chijet Motor Company Forges Transformative Exclusive Partnership with Singapore-Backed Tagvance to Pioneer Global Autonomous Driving Revolution
Globenewswire· 2025-10-28 19:00
New York, NY, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced the execution of an exclusive technology cooperation framework agreement with Tagvance Pte. Ltd., a Singapore-based innovator in autonomous driving technology backed by government-related investment entities. This landmark collaboration establishes an exclusive strategic alliance in the autonomous driving domain for passenger and commercial vehicles, as well as intelligent mo ...
Chijet Motor Company Announces Closing of $300 Million Private Placement in Cryptocurrency
Globenewswire· 2025-10-27 19:00
New York, NY, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced the successful closing of a private placement offering of units, consisting of ordinary shares and warrants, for gross proceeds equivalent to $300 million in cryptocurrency. The offering was conducted with select non-U.S. institutional investors. Each unit comprises one ordinary share (par value $0.003) priced at the equivalent of $0.10 per share in cryptocurrency, based on p ...
Chijet Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Compliance
Globenewswire· 2025-10-21 04:30
New York, Oct. 20, 2025 (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced that it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) because the closing bid price of the Company’s Class A ordinary shares was below $1.00 per share for a period of 30 consecutive business days. This press release is ...
Chijet Motor Company Announces Closing of $20.0 Million Private Placement
Globenewswire· 2025-10-06 19:10
New York, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced the closing of its previously announced private placement offering of units consisting of ordinary shares and warrants for gross proceeds of $20.0 million. The offering was conducted with certain non-U.S. institutional investors. Each unit consists of one ordinary share (par value $0.003) at the offering price of $0.15 per share and three warrants, with each warrant exercisable t ...
Univest Securities, LLC Announces Closing of $15 Million Registered Direct Offering for its Client Chijet Motor Company, Inc. (NASDAQ: CJET)
Globenewswire· 2025-10-03 08:05
New York, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of $15 million registered direct offering (the “Offering”) for its client Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”), an automobile company that focuses on expanding the performance of electric vehicles with minimal environmental / carbon footprint, while also ...
This Tiny Penny Stock Is Soaring on Crypto News. Should You Buy Shares Now?
Yahoo Finance· 2025-10-02 04:18
Chijet (CJET) shares more than tripled on Wednesday after the China-based company significantly expanded its private placement offering from $20 million to $1 billion. Proceeds from this offering will be used to finance CJET’s “strategic transformation into the high-growth digital asset custody and storage market,” the Nasdaq-listed firm added in its press release. More News from Barchart Despite today’s price action, Chijet stock is trading only at a fraction of its price in mid-July. Shares reversed c ...
Chijet Motor Company, Inc. Announces $15 Million Registered Direct Offering
Globenewswire· 2025-10-02 01:27
融资交易概述 - 公司宣布与特定投资者达成最终协议,进行一项注册直接发行,将发行总计100,000,000股A类普通股(或相应的预融资认股权证),每股购买价格为0.15美元 [1] - 此次发行的总募集毛收入预计约为1500万美元,交易预计于2025年10月2日左右完成 [2] - Univest Securities, LLC 在此次发行中担任独家配售代理 [2] 发行具体条款 - 发行的股票每股面值为0.003美元,预融资认股权证的购买价格与股票相同,但需减去每股0.003美元的行使价 [1] - 此次发行是依据公司先前提交并于2024年8月16日被美国证券交易委员会宣布生效的F-3表格货架注册声明进行的 [3] 公司业务背景 - 公司主要业务是传统燃油汽车和新能源汽车的开发、制造、销售及服务 [5] - 公司拥有先进的制造系统和稳定的供应链管理,在中国吉林拥有大型现代化汽车生产基地,并在中国烟台建设专用于新能源汽车生产的工厂 [5] - 公司管理团队在工程设计、管理、融资、工业生产和财务管理方面拥有数十年经验 [5]
Chijet Motor Company Secures Commitment to Expand Private Placement to $1 Billion Following Strong Investor Demand
Globenewswire· 2025-10-01 19:00
Investors Exercise Option to Scale Investment 50x from Initial $20 Million Offering New York, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced that it has entered into a Memorandum of Understanding (“MOU”) with certain institutional investors for an expanded private placement offering of up to $1 billion. This significant expansion from the Company’s previously announced $20 million private placement on September 26, 2025, reflects robus ...
Chijet Motor Company Announces Private Placement Offering of Up to $20.0 Million
Globenewswire· 2025-09-26 19:00
New York, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ: CJET) (“Chijet” or the “Company”) today announced that it has entered into securities purchase agreements with certain non-U.S. institutional investors for a private placement offering of units consisting of ordinary shares and warrants for gross proceeds of up to $20.0 million. Each unit consists of one ordinary share (par value $0.003) at an offering price of $0.15 per share and three warrants, with each warrant exercisable t ...