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An update from Chijet Motor Company ( (CJET) ) is now available.
On September 5, 2025, Chijet Motor Company, Inc. announced the issuance of 640,850 class A ordinary shares to holders of contingent value rights (CVRs) as of July 22, 2025. This action was taken because certain earnout milestones from a Business Combination Agreement were not met for the year ending December 31, 2024, leading to the surrender and cancellation of the same number of shares by two shareholders. This issuance reflects the company’s commitment to fulfilling its obligations under the agreement and could impact shareholder value and market perception.
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 a high-tech enterprise focused on the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (NEVs). The company utilizes advanced manufacturing systems and stable supply chain management to offer high-performance products at reasonable prices. It operates a large vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to NEV production. The management team comprises industry veterans with extensive experience in engineering, design, management, financing, and industrial production.
Average Trading Volume: 1,094,865
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.58M
For detailed information about CJET stock, go to TipRanks’ Stock Analysis page.