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Chijet Motor Company Secures $11 Million in Direct Offering

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Chijet Motor Company Secures $11 Million in Direct Offering

TipRanks Black Friday Sale

Chijet Motor Company ( (CJET) ) just unveiled an announcement.

On November 24, 2025, Chijet Motor Company, Inc. successfully closed an $11 million registered direct offering, involving the sale of Class A ordinary shares and pre-funded warrants. This financial move, facilitated by Maxim Group LLC, is expected to bolster the company’s capital, potentially enhancing its market position and operational capabilities. The offering, completed on November 25, 2025, included lock-up agreements with key shareholders, restricting the sale of shares for 45 days, which may stabilize the company’s stock value and reassure investors.

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. operates in the automotive industry, focusing on the production and sale of vehicles and related components. The company is based in Yantai, Shandong, China, and is involved in the development of motor vehicles, with a market focus on expanding its reach through strategic financial maneuvers.

Average Trading Volume: 1,498,941

Technical Sentiment Signal: Sell

Current Market Cap: $1.1M

See more insights into CJET stock on TipRanks’ Stock Analysis page.

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