UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of April 2025
Commission File Number: 001-41712
Chijet Motor Company, Inc.
(Registrant’s Name)
No. 8, Beijing South Road Economic & Technological Development Zone
Yantai, Shandong, CN-37 264006
People’s Republic of China
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐
Explanatory Note
As previously disclosed, on February 21, 2025, Chijet Motor Company, Inc. (the “Company”) entered into a stock purchase agreement (the “Agreement”) with Too Express Group Inc., a Delaware corporation engaged in the delivery and transportation business (“Too Express”) and each of the holders of Too Express’s outstanding capital shares (collectively, the “Sellers”) to acquire an aggregate of 80% of the equity interests in Too Express. The transactions contemplated in the Agreement closed effective as of April 28, 2025, where 23,255,814 Class A ordinary shares of the Company, the value of which the parties agreed to be $40,000,000, were issued to the Sellers as the purchase price and an aggregate of 80% of the equity interests in Too Express were transferred to the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: April 29, 2025 | Chijet Motor Company, Inc. | |
By: | /s/ Mu Hongwei | |
Mu Hongwei | ||
President and Chief Executive Officer |