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 to purchase one ordinary share at an exercise price of $0.18 per share. The warrants are exercisable for a period of three years from the date of issuance and may be exercised on a cashl

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 manufacturing, selling and servicing traditional-fuel vehicles. Under the terms of the securities purchase agreement, the Company has agreed to sell to certain investors an aggregate of

NEW YORK, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ:CJET) (the "Company"), today announced that it has entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of 100,000,000 of the Company's Class A ordinary share, par value $0.003 per share (the "Shares") (or pre-funded warrants in lieu thereof) at a purchase price of $0.15 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.003 per share. The aggregate gross proceeds to the Company of this offering are expected to be approximately $15 million. The trans

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 robust institutional confidence in Chijet's strategic transformation into the high-growth digital asset custody and storage market. The expanded private placement represents a 50-fold increa

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 to purchase one ordinary share at an exercise price of $0.18 per share. The warrants will be exercisable for a period of three years from the date of issuance and may be exercised on a c

New York, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ:CJET) ("Chijet" or the "Company") today announced the appointment of Jason Miller as Chief Operating Officer (COO), effective immediately, to spearhead the Company's transition into the digital currency era. This move positions the Company to integrate major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) into its balance sheet. Miller's expertise will drive enhanced financial resilience, optimized asset allocation, and participation in the decentralized finance (DeFi) ecosystem, aligning with the accelerating institutional adoption of digital assets. Miller possesses more than two dec

NEW YORK, Sept. 05, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ:CJET) (the "Company"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles today announced that, it issued a total of 640,850 class A ordinary shares of par value US$0.003 (the "Ordinary Shares") to the holders of contingent value rights ("CVRs") on record as of July 22, 2025 (the "Qualifying CVR Holders") pro rata, based on their respective number of CVRs held. The record date for the Qualifying CVR Holders to receive such shares was July 22, 2025. As certain earnout milestones provided in the Business Combination Agreement (t

NEW YORK, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ:CJET) (the "Company" or "Chijet"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV"), today announced the pricing of its previously announced public offering of an aggregate of 13,560,000 shares of its Class A ordinary shares, and warrants to purchase up to 13,560,000 Class A ordinary shares, at a combined public offering price of $0.59 per share and accompanying warrants. Each warrant will expire five (5) years from the issuance, will be immediately exercisable upon issuance at an initial exercise price of $0.59 per

NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ:CJET) (the "Company" or "Chijet"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV") today announced that, on February 13, 2025, it received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Global Market due to the Company's failure to regain compliance with: (1) the minimum $50 million market value of its listed securities requirement as se

NEW YORK, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Chijet Motor Company, Inc. (NASDAQ:CJET) (the "Company"), a high-tech enterprise engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles ("NEV"), today announced that it is in the process of issuing a total of 640,850 ordinary shares of par value US$0.003 (the "Ordinary Shares") to the holders of contingent value rights ("CVRs") on record as of September 13, 2024 (the "Qualifying CVR Holders") pro rata, based on their respective number of CVRs held. The record date for the Qualifying CVR Holders to receive such shares shall be September 13, 2024. As certain earnout milestones provided in

SC 13G - Chijet Motor Company, Inc. (0001957413) (Subject)