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Chijet Motor Company Amends Warrants to Enhance Investor Engagement

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Chijet Motor Company Amends Warrants to Enhance Investor Engagement

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The latest update is out from Chijet Motor Company ( (CJET) ).

On February 11, 2025, Chijet Motor Company, Inc. and certain investors amended several warrants to purchase up to 5,035,716 ordinary shares. The amendments involved removing a six-month restriction on cashless exercise rights and changing the delivery method of shares to book entry form. This adjustment reflects the company’s strategic move to facilitate investor engagement and streamline its share distribution process, which could impact its market operations and investor relations.

More about Chijet Motor Company

Chijet Motor Company, Inc. is an automotive company based in Yantai, Shandong, China. It operates within the automotive industry, focusing on the production and sale of motor vehicles.

YTD Price Performance: -26.43%

Average Trading Volume: 64,588

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $8.95M

See more data about CJET stock on TipRanks’ Stock Analysis page.

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