TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Chijet Motor Company ( (CJET) ) has issued an announcement.
On November 24, 2025, Chijet Motor Company announced the pricing of an $11.0 million registered direct offering involving the sale of 8,461,530 class A ordinary shares at $1.30 per share. The transaction, facilitated by Maxim Group LLC as the sole placement agent, is expected to close around November 25, 2025, pending customary closing conditions. This financial move is part of the company’s broader strategy to enhance its capital base, potentially impacting its market positioning and operational capabilities in the automotive industry.
Spark’s Take on CJET Stock
According to Spark, TipRanks’ AI Analyst, CJET is a Underperform.
Chijet Motor Company is facing severe financial and operational challenges, with negative profitability, high leverage, and liquidity issues. The bearish technical indicators and negative market reaction to earnings results further exacerbate the risks. The company’s low valuation metrics reflect its unprofitability and lack of dividend appeal, contributing to an overall weak stock score.
To see Spark’s full report on CJET stock, click here.
More about Chijet Motor Company
Chijet Motor Company, Inc. is engaged in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles. The company operates with advanced manufacturing systems and a stable supply chain, offering high-performance products at reasonable prices. It has a significant vehicle production base in Jilin, China, and is expanding with a new factory in Yantai dedicated to new energy vehicles.
Average Trading Volume: 756,594
Technical Sentiment Signal: Sell
Current Market Cap: $1.74M
For a thorough assessment of CJET stock, go to TipRanks’ Stock Analysis page.