Chijet Motor Company to go public via merger with Jupiter Wellness Acquisition Corp.

Chijet Motor Company entered into a business combination agreement with Jupiter Wellness Acquisition Corp., valuing Chijet's operating companies at $1.6 billion. Expected proceeds of approximately $140.2 million will fund EV development and expansion in China and Southeast Asia.

“Achieving the public listing milestone would enable Chijet to accelerate its electric vehicle development, manufacturing and sales”globenewswire.com

• 1 source
• globenewswire.comChijet Motor Company, Inc. entered into a businessJupiter Wellness Acquisition Corp.Oct 26, 2022

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