(NASDAQ:CJET) 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.
Related Questions
What dilution effect will the issuance of 13,560,000 shares and warrants have on existing shareholders?
How does the $0.59 pricing compare to CJET's recent market trading levels and affect the offering's likely demand?
What are the company’s planned uses for the $8 million proceeds and how will they impact CJET’s NEV development and long‑term growth prospects?