Chijet Motor Company Secures Commitment to Expand Private Placement to $1 Billion Following Strong Investor Demand
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) ha assicurato una significativa espansione della sua offerta di private placement, passando da $20 milioni a $1 miliardo dopo un forte interesse degli investitori istituzionali. L'azienda ha annunciato questo sviluppo tramite un Memorandum of Understanding (MOU) con investitori istituzionali.
Questo aumento di 50 volte del capitale impegnato finanzierà la trasformazione strategica di Chijet nel mercato della custodia e conservazione degli asset digitali. L'azienda prevede di sviluppare un'infrastruttura avanzata per la custodia sicura degli asset digitali e perseguire acquisizioni strategiche nell'ecosistema di conservazione degli asset digitali.
Chijet Motor Company (NASDAQ: CJET) ha asegurado una expansión significativa de su oferta de colocación privada, aumentando de $20 millones a $1 mil millones tras el fuerte interés de inversores institucionales. La empresa anunció este desarrollo mediante un Memorando de Entendimiento (MOU) con inversores institucionales.
Este aumento de 50 veces del capital comprometido financiará la transformación estratégica de Chijet hacia el mercado de custodia y almacenamiento de activos digitales. La empresa planea desarrollar una infraestructura avanzada para la custodia segura de activos digitales y buscar adquisiciones estratégicas en el ecosistema de almacenamiento de activos digitales.
Chijet Motor Company (나스닥: CJET)은 기관투자자들의 강한 관심에 따라 비공개 배정 오퍼의 확장을 $20 백만에서 $1 억 달러로 증가시켰습니다. 이 회사는 기관투자자들과의 양해각서(MOU)를 통해 이 발전을 발표했습니다.
이 50배 증가의 약정 자본은 디지털 자산 보관 및 저장 시장으로의 전략적 변화에 자금을 제공합니다. 회사는 안전한 디지털 자산 보관을 위한 첨단 인프라를 개발하고 디지털 자산 저장 생태계에서 전략적 인수를 추구할 계획입니다.
Chijet Motor Company (NASDAQ: CJET) a obtenu une expansion significative de son offre de placement privé, passant de 20 millions de dollars à 1 milliard de dollars après l'intérêt soutenu des investisseurs institutionnels. L'entreprise a annoncé ce développement par le biais d'un protocole d'accord (MOU) avec des investisseurs institutionnels.
Cette augmentation de 50 fois le capital engagé financera la transformation stratégique de Chijet vers le marché de la garde et du stockage des actifs numériques. L'entreprise prévoit de développer une infrastructure avancée pour la garde sécurisée des actifs numériques et de poursuivre des acquisitions stratégiques dans l'écosystème de stockage des actifs numériques.
Chijet Motor Company (NASDAQ: CJET) hat eine bedeutende Erweiterung seines Private-Placement-Angebots gesichert und sich von 20 Millionen $ auf 1 Milliarde $ erhöht, nach starkem Interesse institutioneller Investoren. Das Unternehmen kündigte diese Entwicklung durch ein Memorandum of Understanding (MOU) mit institutionellen Investoren an.
Diese 50-fache Erhöhung des zugesagten Kapitals wird Chijets strategische Transformation in den Markt für Verwahrung und Speicherung digitaler Vermögenswerte finanzieren. Das Unternehmen plant, eine fortschrittliche Infrastruktur zur sicheren Verwahrung digitaler Vermögenswerte zu entwickeln und strategische Akquisitionen im Ökosystem der digitalen Vermögensspeicherung anzustreben.
Chijet Motor Company (بورصة ناسداك: CJET) قد أمنت توسيعاً كبيراً لعرض الاكتتاب الخاص بها، من $20 مليوناً إلى $1 مليار عقب اهتمام قوي من المستثمرين المؤسساتيين. أعلنت الشركة عن هذا التطور من خلال مذكرة تفاهم (MOU) مع المستثمرين المؤسسيين.
هذا الزيادة بمقدار 50 مرة في رأس المال الملتزم سيوفر تمويل التحول الاستراتيجي لـ Chijet نحو سوق حفظ وتخزين الأصول الرقمية. تخطط الشركة لتطوير بنية تحتية متقدمة لحفظ الأصول الرقمية بأمان والسعي إلى استحواذات استراتيجية في منظومة تخزين الأصول الرقمية.
Chijet Motor Company（纳斯达克：CJET） 已通过与机构投资者的谅解备忘录（MOU）宣布，将其私募发行的规模从 $2000万美元 增至 $10亿美元，显示出机构投资者的强烈兴趣。
这一 承诺资本放大50倍 将为 Chijet 的战略转型提供资金，进入数字资产托管与存储市场。公司计划开发用于安全数字资产托管的先进基础设施，并在数字资产存储生态系统中推动战略并购。
- Secured commitment to expand private placement from $20M to $1B, representing a 50-fold increase
- Strong institutional investor confidence demonstrated through significant capital commitment
- Strategic transformation into high-growth digital asset custody market
- Enhanced financial flexibility for infrastructure development and strategic acquisitions
- Significant pivot away from core motor business indicates potential operational risks
- Substantial transformation into new market segment may face execution challenges
- Entry into competitive digital asset market may require significant resources and expertise
Investors Exercise Option to Scale Investment 50x from Initial
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
The expanded private placement represents a 50-fold increase in committed capital, which will be utilized to fund the Company’s digital currency business initiatives, including the development of advanced infrastructure for secure digital asset custody and innovative storage solutions. This transformative pivot positions Chijet to capitalize on the rapidly growing demand for digital asset services.
"This extraordinary vote of confidence from our investors validates our strategic vision and execution capability," said Ms. Melissa Chen, CEO of Chijet. "The 50-fold expansion of committed capital provides us with significant financial flexibility to develop secure crypto custody infrastructure and pursue strategic acquisitions in the rapidly growing digital asset storage ecosystem."
About Chijet Motor Company, Inc.
The primary business of Chijet is the development, manufacture, sales, and service of traditional fuel vehicles and NEVs. 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. Chijet 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 Chijet, 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
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