New York, Dec. 09, 2025 (GLOBE NEWSWIRE) -- At the opening of trading on December 10, 2025, the Class A ordinary shares of CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (the “Company”) will begin trading on the Nasdaq Capital Market under the new name “Digital Currency X Technology Inc.” and new ticker symbol “DCX.” In connection with the name change and ticker symbol change, no action is required from the Company’s current securityholders, and the Company’s CUSIP number will remain the same. Historical trading ...

New York, Nov. 26, 2025 (GLOBE NEWSWIRE) -- CHIJET MOTOR COMPANY, INC. (NASDAQ: CJET) (“Chijet” or the “Company”), a global automotive technology enterprise, today announced that its digital asset treasury holdings have surpassed $400 million in value. The Company has acquired 100 million tokens as part of its strategic digital asset initiative announced earlier this month, with current holdings valued at over $400 million. “Reaching $400 million in digital asset treasury value represents an important miles ...

Core Viewpoint - CHIJET MOTOR COMPANY, INC. has announced a registered direct offering of 8,461,530 class A ordinary shares at a price of $1.30 per share, expecting gross proceeds of approximately $11.0 million [1][2]. Group 1: Offering Details - The transaction is expected to close on or about November 25, 2025, pending customary closing conditions [2]. - Maxim Group LLC is acting as the sole placement agent for this offering [2]. - The offering is made under the Company's registration statement on Form F-3, which was declared effective by the SEC on August 16, 2024 [3]. Group 2: Company Overview - CHIJET MOTOR COMPANY focuses on the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles [5]. - The company has a modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to new energy vehicle production [5]. - The management team consists of industry veterans with extensive experience in various fields including engineering, design, management, and financial management [5].

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Chijet Motor Company, Inc. (CJET) is up 40% at $2.67 - JX Luxventure Group Inc. (JXG) is up 19% at $4.12 - Inspire Medical Systems, Inc. (INSP) is up 15% at $103.50 - Epsium Enterprise Limited (EPSM) is up 15% at $4.14 - Oscar Health, Inc. (OSCR) is up 12% at $15.13 - Green Dot Corporation (GDOT) is up 11% at $13.21 - Butterfly Network, Inc. (BFLY) is up 6% at $2.82 - Cullinan Therapeutics, Inc. (CGEM) is up 5% at $10.00 - Vir Biotechnology, Inc. (VIR) is up 5% at $5.99 - Nvni Group Limited (NVNI) is up 5% at $3.17 [3] Premarket Losers - Clearside Biomedical, Inc. (CLSD) is down 69% at $0.82 - Twin Hospitality Group Inc. (TWNP) is down 20% at $2.84 - Shuttle Pharmaceuticals Holdings, Inc. (SHPH) is down 15% at $1.35 - Mobile-Network Solutions (MNDR) is down 12% at $4.16 - Waldencast plc (WALD) is down 10% at $2.75 - authID Inc. (AUID) is down 9% at $1.21 - EZGO Technologies Ltd. (EZGO) is down 6% at $1.98 - SciSparc Ltd. (SPRC) is down 5% at $2.34 - Twin Vee Powercats Co. (VEEE) is down 5% at $1.70 - Agape ATP Corporation (ATPC) is down 5% at $1.22 [4]

Core Viewpoint - Chijet Motor Company has signed a definitive agreement to acquire up to $1 billion in EdgeAI tokens at a 20% discount, enhancing its position in the digital asset space and providing immediate economic benefits [1][5]. Group 1: Agreement Details - The agreement is expected to generate approximately $200 million in upfront value for Chijet compared to current market rates [2]. - Chijet will act as a validator node on the EdgeAI blockchain network, allowing the company to earn staking rewards and generate recurring revenue [3]. - The partnership has an initial term of five years, with all activities conducted in compliance with internal governance policies and regulatory requirements [4]. Group 2: Strategic Implications - The acquisition of digital assets is seen as a way to diversify Chijet's portfolio and bridge traditional manufacturing with the digital economy [5]. - EdgeAI will serve as the primary advisor on digital assets, providing expertise in token acquisition strategies and treasury management [2]. Group 3: Company Background - Chijet specializes in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles, with a focus on high performance and reasonable pricing [7]. - The company has a modern vehicle production base in Jilin, China, and is constructing a factory in Yantai dedicated to new energy vehicle production [7].

Core Points - CHIJET MOTOR COMPANY, INC. has regained compliance with Nasdaq's minimum bid price requirement after its ordinary shares closed at or above US$1.00 for 10 consecutive business days from November 3 to November 14, 2025 [1][3] - The company was previously notified on October 15, 2025, that it had failed to maintain the minimum bid price of US$1.00 over the prior 30 consecutive business days [2] Company Overview - CHIJET MOTOR COMPANY, INC. focuses on the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles, supported by advanced manufacturing systems and stable supply chain management [4] - The company operates a large modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to new energy vehicle production [4] - The management team consists of industry veterans with extensive experience in engineering, design, management, financing, industrial production, and financial management [4]

Core Insights - CJET is expanding its strategic focus into edge intelligence by aligning with EdgeAI, marking a significant step in integrating AI with real-world infrastructure across its automotive and industrial sectors [2][5] - The initiative aims to enhance smart mobility and intelligent manufacturing by leveraging edge computing and on-device intelligence, which will transform the operation and communication of vehicles, sensors, and industrial systems [3][4] Group 1 - The collaboration with EdgeAI emphasizes CJET's commitment to advancing intelligent infrastructure and next-generation mobility systems by merging manufacturing expertise with emerging AI technologies [5] - Edge intelligence is viewed as the next evolution of automation, shifting the focus from centralized AI to distributed intelligence that operates directly within vehicles, factories, and infrastructure [4] - EdgeAI's decentralized intelligence layer allows AI models to learn and infer at the edge, improving local data processing, reducing latency, and enhancing data security [4][7] Group 2 - CJET is a global automotive technology enterprise focused on smart mobility, intelligent manufacturing, and clean-energy innovation, integrating vehicle production with advanced computing and automation technologies [6] - EdgeAI specializes in building a decentralized intelligence layer that enables AI to operate and learn where data is generated, utilizing edge computing and real-time inference [7]

Group 1 - The Company announced that its Class A ordinary shares will begin trading under the new name "Digital Currency X Technology Inc." and the new ticker symbol "DCX" on the Nasdaq Capital Market, effective November 14, 2025, although there will be a delay in the official name change due to regulatory procedures [1] - The Company specializes in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles, supported by advanced manufacturing systems and stable supply chain management [2] - The Company has a significant production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to new energy vehicle production [2] Group 2 - The management team of the Company consists of industry veterans with extensive experience in various fields including engineering, design, management, financing, industrial production, and financial management [2]

Company Overview - CHIJET MOTOR COMPANY, INC. will change its name to "Digital Currency X Technology Inc." and its ticker symbol to "DCX" effective November 14, 2025 [1] - The company specializes in the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles, with a focus on high performance at reasonable prices [3] - The company operates a large modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China dedicated to new energy vehicle production [3] Corporate Actions - The name change and ticker symbol change were approved by shareholders on September 24, 2025, and are subject to the approval of the Cayman Registrar [1] - A one hundred (100)-for-one (1) share consolidation of the company's issued and unissued ordinary shares will also take place [1] - Current securityholders do not need to take any action regarding the name and ticker symbol change, and the CUSIP number will remain unchanged [2]

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Denny's Corporation (DENN) is up 49% at $6.16 [3] - Cambium Networks Corporation (CMBM) is up 25% at $2.55 [3] - Tactile Systems Technology, Inc. (TCMD) is up 22% at $19.35 [3] - Upwork Inc. (UPWK) is up 19% at $18.60 [3] - Kforce Inc. (KFRC) is up 12% at $27.50 [3] - Super Group (SGHC) Limited (SGHC) is up 12% at $11.91 [3] - Innovex International, Inc. (INVX) is up 10% at $22.62 [3] - Sanmina Corporation (SANM) is up 9% at $154.03 [3] - Exact Sciences Corporation (EXAS) is up 8% at $72.69 [3] - OTG Acquisition Corp. I Class A Ordinary Share (OTGA) is up 7% at $10.77 [3] Premarket Losers - Sarepta Therapeutics, Inc. (SRPT) is down 40% at $14.44 [4] - JELD-WEN Holding, Inc. (JELD) is down 32% at $2.81 [4] - Ichor Holdings, Ltd. (ICHR) is down 29% at $16.05 [4] - Insperity, Inc. (NSP) is down 27% at $32.50 [4] - Prelude Therapeutics Incorporated (PRLD) is down 22% at $3.08 [4] - Forward Industries, Inc. (FORD) is down 20% at $11.11 [4] - Navitas Semiconductor Corporation (NVTS) is down 18% at $10.03 [4] - Diginex Limited (DGNX) is down 17% at $19.51 [4] - Atlas Energy Solutions Inc. (AESI) is down 16% at $10.58 [4] - Chijet Motor Company, Inc. (CJET) is down 15% at $3.24 [4]