Chijet Motor Completes $300 Million Cryptocurrency Private Placement
Chijet Motor Company, Inc. (stock code: CJET), a Nasdaq-listed company, announced today that it has successfully completed a private placement financing, raising the equivalent of $300 million in cryptocurrency funds. This issuance is targeted at non-U.S. institutional investors, with each unit consisting of one common stock (priced at $0.10) and three warrants (exercise price equivalent to $0.12).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WeRide and Uber Launch Saudi Arabia's Inaugural Autonomous Taxis, Advancing Worldwide Self-Driving Transportation
- WeRide partners with Uber to launch Saudi Arabia's first driverless taxis in Riyadh, marking Uber's first autonomous deployment in the Kingdom. - The initiative aligns with Saudi Vision 2030 and includes initial human operators before full autonomy, supported by WeRide's first Saudi Robotaxi permit. - WeRide's global expansion also includes Grab collaboration in Southeast Asia and prior partnerships with Lyft, leveraging mapping tech for regional road conditions. - The company emphasizes safety improveme
Hyperliquid News Today: HYPE’s Upward Momentum Grows as Both Traders and Institutions Increase Their Positions
- High-profile trader "Buddy" (Huang Licheng) increased HYPE exposure to $2.83M via 10,000 token purchase at 10x leverage, now holding 60,000 HYPE with 110% unrealized gains. - Technical indicators (Aroon Up 71.4%, RSI rebound) and on-chain short liquidations near $41–$42 suggest potential 54% price surge to $61.5 if resistance is breached. - Institutional buyer Hyperliquid Strategies filed SEC $1B fund to accumulate HYPE, planning to stake 12.6M tokens alongside $305M cash to generate rewards. - Market dy
Lula Seeks Trade Agreement While Trump Links Tariffs to Bolsonaro Controversy
- Brazil's Lula and Trump agreed to immediate U.S.-Brazil trade negotiations after ASEAN summit talks, with Lula citing Trump's assurance of a swift resolution. - U.S. imposed 50% tariffs on Brazilian imports in August, linking them to Bolsonaro's legal issues, straining relations and disrupting $410B trade surplus. - Brazilian industry groups welcomed dialogue as tariffs raised U.S. prices, while Lula urged U.S. to respect Venezuela's sovereignty during the summit. - Trump hinted at broader regional deals
Solana News Update: BlockDAG's $430 Million Presale and DAG-PoW Technology Face Setbacks, Pending Listings
- BlockDAG's $430M presale and DAG-PoW tech position it as a top crypto contender with 15,000 TPS scalability. - DeepSnitch AI's $460K raise and AI-powered trading tools target retail investors with meme-friendly marketing. - Solana gains institutional traction via Fidelity listing but faces regulatory risks and competition from newer layer-1s. - BlockDAG's Binance AMA and delayed launch raise skepticism despite CertiK audits and F1 team partnerships. - Market uncertainty persists as unverified exchange li
Trending news
MoreCrypto prices
More
