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Chijet Motor Company Secures Commitment to Expand Private Placement to $1 Billion Following Strong Investor Demand
Chijet Motor panyChijet Motor pany(US:CJET) Globenewswire·2025-10-01 11:00

Investors Exercise Option to Scale Investment 50x from Initial 20MillionOfferingNewYork,Oct.01,2025(GLOBENEWSWIRE)−−ChijetMotorCompany,Inc.(NASDAQ:CJET)(“Chijet”orthe“Company”)todayannouncedthatithasenteredintoaMemorandumofUnderstanding(“MOU”)withcertaininstitutionalinvestorsforanexpandedprivateplacementofferingofupto20 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 robus ...