Welcome to our dedicated page for Chijet Motor Company news (Ticker: CJET), a resource for investors and traders seeking the latest updates and insights on Chijet Motor Company stock.
Chijet Motor Company Inc (CJET) generates news primarily around its corporate transformation into a digital asset management company. The news feed reflects the company's strategic pivot away from automotive operations toward cryptocurrency treasury management, with the announced rebranding to Digital Currency X Technology Inc representing a fundamental shift in business identity.
News coverage for CJET typically includes capital raising announcements through registered direct offerings, as the company secures funding for its digital asset acquisition strategy. These offerings, ranging from several million to tens of millions of dollars, provide insight into the company's financing approach and growth trajectory. Additionally, strategic partnership announcements in blockchain technology, edge intelligence, and autonomous driving reveal the company's expanding technology focus beyond pure cryptocurrency holding.
Corporate governance updates, including share consolidation measures and exchange compliance matters, appear regularly in CJET's news flow. As a foreign private issuer undergoing significant transformation, the company's regulatory filings and material event disclosures through Form 6-K provide important context for understanding its evolving business model. Tracking CJET news offers visibility into how a publicly-traded company navigates the transition from traditional operations to digital asset management, including the challenges of maintaining exchange listing standards and shareholder communication during rapid strategic change.
Chijet Motor Company (NASDAQ: CJET) announced the closing of a private placement for gross proceeds equivalent to $300 million in cryptocurrency on October 27, 2025. The units sold to select non-U.S. institutional investors each include one ordinary share priced at the crypto-equivalent of $0.10 per share and three warrants exercisable to buy one ordinary share each at a crypto-equivalent exercise price of $0.12. The warrants expire three years from issuance and may be exercisable on a cashless basis under specified conditions.
The company said proceeds will be custodied to industry standards and used to advance secure crypto custody infrastructure and pursue strategic acquisitions. The offering relied on exemptions from registration, including Section 4(a)(2) and Regulation S.
Chijet (NASDAQ: CJET) announced receipt of a Nasdaq notification that the company is not in compliance with the minimum $1.00 bid price rule under Nasdaq Listing Rule 5550(a)(2) after its closing bid was below $1.00 for 30 consecutive business days.
The company said this disclosure is made under Nasdaq Listing Rule 5810(b). Trading will continue uninterrupted under ticker CJET. Chijet has a 180-calendar-day compliance period ending April 13, 2026 to regain compliance by achieving a closing bid of at least $1.00 for 10 consecutive business days. The company said it will monitor the share price and may consider available options, including a reverse stock split, to regain compliance.
Chijet Motor Company (NASDAQ:CJET) announced on October 6, 2025 the closing of a private placement of units for gross proceeds of $20.0 million. Each unit included one ordinary share at an offering price of $0.15 per share plus three warrants, each exercisable to purchase one ordinary share at an exercise price of $0.18 per share.
The warrants are exercisable for three years from issuance and may be exercised on a cashless basis under certain circumstances. The offering was made to certain non-U.S. institutional investors pursuant to exemptions from registration under Section 4(a)(2) and Regulation S.
Chijet Motor Company (NASDAQ: CJET) has announced a $15 million registered direct offering through the sale of 100,000,000 Class A ordinary shares at $0.15 per share. The offering includes pre-funded warrants with an exercise price of $0.003 per share.
The transaction, expected to close around October 2, 2025, is being conducted under a shelf registration statement previously filed with the SEC. Univest Securities is serving as the sole placement agent for the offering.
Chijet Motor Company (NASDAQ: CJET) has secured a significant expansion of its private placement offering, increasing from $20 million to $1 billion following strong institutional investor interest. The company announced this development through a Memorandum of Understanding (MOU) with institutional investors.
This 50-fold increase in committed capital will fund Chijet's strategic transformation into the digital asset custody and storage market. The company plans to develop advanced infrastructure for secure digital asset custody and pursue strategic acquisitions in the digital asset storage ecosystem.
Chijet Motor Company (NASDAQ:CJET) has announced a private placement offering targeting gross proceeds of up to $20.0 million. The offering consists of units priced at $0.15 per share, with each unit comprising one ordinary share and three warrants.
The warrants are exercisable for three years at $0.18 per share and include a cashless exercise provision under certain circumstances. The private placement is being conducted with non-U.S. institutional investors under Securities Act exemptions, including Section 4(a)(2) and Regulation S.
Chijet Motor Company (NASDAQ: CJET) has appointed blockchain veteran Jason Miller as Chief Operating Officer to lead the company's digital currency treasury transformation. Miller brings over 20 years of experience in blockchain, digital identity, and emerging technologies.
The company has outlined a clear roadmap for its Digital Currency Treasury Strategy, including initial Bitcoin and Ethereum acquisitions in Q4 2025, launching a comprehensive treasury management framework in Q1 2026, and exploring DeFi protocols and staking opportunities in Q2 2026. The initiative aims to enhance financial resilience and optimize asset allocation through cryptocurrency integration.
Chijet Motor Company (NASDAQ: CJET), a manufacturer of traditional and new energy vehicles, has issued 640,850 class A ordinary shares to contingent value rights (CVR) holders. This issuance comes after two major shareholders, Euroamer Kaiwan Technology Company Limited and Chijet Holdings Limited, surrendered the same number of shares due to unmet earnout milestones for 2024.
The distribution is based on a ratio of 0.492694 ordinary shares per CVR, with a total of 1,300,706 CVRs outstanding. The record date for qualifying CVR holders was set as July 22, 2025, with fractional shares being rounded down to the nearest whole share.
Chijet Motor Company (NASDAQ: CJET), a manufacturer of traditional and new energy vehicles (NEV), has announced the pricing of its public offering at $0.59 per share. The offering consists of 13,560,000 Class A ordinary shares and warrants to purchase an equal number of shares, totaling approximately $8.0 million.
The warrants will have a 5-year expiration period and will be immediately exercisable at $0.59 per share, subject to reset adjustments. Notably, warrant holders can exercise a zero-cash option to exchange each warrant for two Class A ordinary shares. Maxim Group LLC serves as the sole placement agent, and the company plans to use proceeds for business acquisitions, corporate management, talent recruitment, and working capital.
Chijet Motor Company (NASDAQ: CJET), a manufacturer of traditional and new energy vehicles, received a delisting determination letter from Nasdaq on February 13, 2025. The notice cites two compliance failures: (1) falling below the $50 million minimum market value requirement for listed securities and (2) failing to maintain the $15 million minimum market value for publicly held shares.
Trading of CJET's common stock was set to be suspended on February 25, 2025. However, the company plans to appeal the decision to a Hearings Panel, which will allow continued trading pending the panel's decision. Chijet intends to present a compliance plan and request additional time, though there's no guarantee the appeal will be successful.
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