CHIJET MOTOR COMPANY Secures $11 Million in Direct Offering of 8.46 Million Shares at $1.30 Each
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 24 2025
0mins
Source: Newsfilter
- Financing Transaction: CHIJET MOTOR COMPANY has entered into agreements with investors to issue 8.46 million shares at $1.30 each, expected to raise approximately $11 million, thereby enhancing the company's liquidity to support future growth initiatives.
- Transaction Timing: The transaction is anticipated to close around November 25, 2025, subject to customary closing conditions, ensuring timely access to funds to meet operational needs and strategic objectives.
- Underwriter Role: Maxim Group LLC is acting as the sole placement agent for this offering, leveraging its market expertise and network to facilitate the financing process, which enhances market confidence in the company.
- Registration Statement Background: This offering is made pursuant to the company's registration statement filed with the SEC on August 16, 2024, highlighting the company's commitment to compliance and transparency, which is likely to attract more investor interest.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
