Chijet Motor Company, Inc. announced on October 1, 2025, that it has entered into a Memorandum of Understanding with institutional investors for an expanded private placement offering of up to $1 billion. This represents a significant increase from the previously announced $20 million private placement on September 26, 2025.
This substantial expansion indicates strong investor demand and confidence in Chijet's strategic pivot towards digital currency treasury management. The commitment allows the company to secure considerable capital for its new initiatives.
The $1 billion commitment provides Chijet with significant financial resources to pursue its digital asset strategy, including integrating major cryptocurrencies into its balance sheet and exploring decentralized finance opportunities.
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