Chijet Motor Company Inc. Announces Official Name Change to “Digital Currency X Technology Inc.” and New Ticker Symbol “DCX” Effective December 10, 2025
Rhea-AI Summary
Digital Currency X Technology (NASDAQ:DCX) is the new name and ticker for the company formerly trading as Chijet Motor Company (NASDAQ:CJET), effective at the opening of trading on December 10, 2025. Current Class A ordinary shareholders do not need to take any action, and the company’s CUSIP will remain unchanged.
Historical trading data before December 10, 2025 may appear under the prior name or ticker on some third‑party websites and apps until those services update their records.
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News Market Reaction – CJET
In the Dec 9 session, CJET gained 4.82%, reflecting a moderate positive market reaction. Argus tracked a peak move of +4.5% during that session. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Nov 26 | Digital asset treasury | Positive | -0.8% | Reported digital asset treasury holdings exceeding $400 million in value. |
| Nov 24 | Equity offering | Negative | -33.2% | Priced $11.0 million registered direct offering of Class A shares and warrants. |
| Nov 24 | Token partnership | Positive | -33.2% | Agreed to acquire up to $1.0 billion in EdgeAI tokens at a discount. |
| Nov 18 | Nasdaq compliance | Positive | -1.6% | Regained compliance with Nasdaq minimum bid price requirement under Listing Rule 5550(a)(2). |
| Nov 17 | Edge intelligence shift | Positive | -12.2% | Announced strategic expansion into edge intelligence with EdgeAI alignment. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent CJET headlines framed as strategic or positive, especially around digital assets and technology, were often followed by negative price reactions, while the dilutive equity offering aligned with a sharp selloff.
Over the past month, CJET issued several strategic updates, including a shift into edge intelligence on Nov 17, 2025, regaining Nasdaq minimum bid compliance on Nov 18, 2025, and a large EdgeAI token partnership and $11.0 million registered direct offering on Nov 24, 2025. It then disclosed digital asset treasury holdings above $400 million on Nov 26, 2025. Despite management’s strategic framing, shares generally traded lower after these announcements. Today’s formal name and ticker change to DCX continues the pivot toward a digital-asset-focused identity.
Key Terms
nasdaq capital market regulatory
ticker symbol financial
cusip number financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, Dec. 09, 2025 (GLOBE NEWSWIRE) -- At the opening of trading on December 10, 2025, the Class A ordinary shares of CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (the “Company”) will begin trading on the Nasdaq Capital Market under the new name “Digital Currency X Technology Inc.” and new ticker symbol “DCX.”
In connection with the name change and ticker symbol change, no action is required from the Company’s current securityholders, and the Company’s CUSIP number will remain the same.
Historical trading data of the Company’s shares prior to December 10, 2025 may not yet be available on certain third-party websites and apps when searching for “Digital Currency X Technology Inc.” and/or “DCX,” in which case such data may temporarily be found under “CHIJET MOTOR COMPANY, INC.” and/or “CJET.”
About the Company
The primary business of the Company is the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles. State-of-the-art manufacturing systems and stable supply chain management enable the Company to provide consumers with products of high performance at reasonable prices. In addition to its large modern vehicle production base in Jilin, China, a factory in Yantai, China will be dedicated to NEV production upon completion of its construction. The Company has a management team of industry veterans with decades of experience in engineering and design, management, financing, industrial production, and financial management. For additional information about the Company, please visit www.chijetmotors.com.
Forward-Looking Statements
This press release contains forward-looking statements as defined under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, formulated in accordance with the ‘safe harbor’ provisions of the Private Securities Litigation Reform Act of 1995. These statements, reflecting the Company’s projections about its future financial and operational performance, employ terms like ‘believes,’ ‘estimates,’ ‘anticipates,’ ‘expects,’ ‘plans,’ ‘projects,’ ‘intends,’ ‘potential,’ ‘target,’ ‘aim,’ ‘predict,’ ‘outlook,’ ‘seek,’ ‘goal,’ ‘objective,’ ‘assume,’ ‘contemplate,’ ‘continue,’ ‘positioned,’ ‘forecast,’ ‘likely,’ ‘may,’ ‘could,’ ‘might,’ ‘will,’ ‘should,’ ‘approximately,’ and similar expressions to convey the uncertainty of future events or outcomes. These forward-looking statements are based on the Company’s current expectations, assumptions, and projections, involving judgments about future economic conditions, competitive landscapes, market dynamics, and business decisions, many of which are inherently challenging to predict accurately and are largely beyond the Company’s control. Additionally, these statements are subject to a multitude of known and unknown risks, uncertainties, and other variables that could significantly diverge the Company’s actual results from those depicted in any forward-looking statement. These factors include, but are not limited to, varying economic conditions, competitive pressures, and regulatory changes. Because of these and other risks, uncertainties and assumptions, undue reliance should not be placed on these forward-looking statements. In addition, these statements speak only as of the date of this press release and, except as may be required by law, the Company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
