24/7 Market News Snapshot 26 September, 2025 – Chijet Motor Company, Inc. Ordinary Shares (NASDAQ:CJET)
DENVER, Colo., 26 September, 2025 (www.247marketnews.com) – (NASDAQ:CJET) are discussed in this article.
Chijet Motor Company, Inc. (NASDAQ:CJET) has marked a significant milestone, experiencing a remarkable surge in pre-market trading with shares climbing to $0.225, reflecting a 39.15% increase from the prior day’s close of $0.162. The vigorous trading activity, highlighted by a volume of 33.53 million shares, demonstrates heightened investor interest and confidence in the company’s strategic direction and growth potential within the automotive sector.
In tandem with this positive market performance, Chijet recently announced a private placement offering aimed at enhancing its financial foundation. Through the securities purchase agreements with select non-U.S. institutional investors, the company seeks to raise up to $20 million. Each unit in this offering consists of one ordinary share priced at $0.15, complemented by three detachable warrants, which can be exercised at $0.18 per share over a three-year period.
This capital initiative aligns with Chijet’s broader strategy to bolster its operational capabilities and maintain sustainable growth amidst the competitive landscape of traditional fuel and new energy vehicles (NEVs). Backed by advanced production facilities and an efficient supply chain management system, Chijet is poised to meet the increasing demand for high-performance vehicles.
The offering adheres to the exemptions established under the Securities Act of 1933, ensuring compliance across jurisdictions. Legal oversight for this transaction is provided by notable firms, including Cooley SG LLP and Harney Westwood & Riegels, reinforcing the integrity of this financial move.
With a management team seasoned in engineering, design, and financial management, Chijet is actively expanding its footprint, including a new production facility dedicated to NEVs. This strategic positioning not only underscores the company’s commitment to innovation but also enhances its appeal to environmentally-conscious consumers. Investors and stakeholders are encouraged to follow Chijet’s progress as it embarks on this transformative journey in the automotive industry.
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