GlobeNewswire Inc. · Jun 1, 2023
New York, NY, June 01, 2023 (GLOBE NEWSWIRE) -- Jupiter Wellness Acquisition Corp. (“JWAC”) (Nasdaq: “JWAC” for common stock and “JWACR” for rights), today announced the completion of its previously announced business combination (the “Business Combination”), with Chijet, Inc., a high-tech enterprise engaged in the development, production and sales of new energy vehicles, and their newly formed holding company, Chijet Motor Company, Inc. (“Chijet”). Chijet’s ordinary shares are expected to begin trading on The Nasdaq Global Market (“Nasdaq”) under the new ticker symbol “CJET” on June 2, 2023. The Business Combination was approved at a special meeting of JWAC’s stockholders on May 2, 2022. Upon the closing of the Business Combination, the previously-trading Class A common stock, and rights, of JWAC ceased to trade with such rights being by their terms exchangeable for one-eighth of one share of such Class A common stock upon the closing of the Business Combination.
GlobeNewswire Inc. · Apr 20, 2023
Jupiter, FL, April 20, 2023 (GLOBE NEWSWIRE) -- Jupiter Wellness Acquisition Corp. (Nasdaq: JWAC) (“JWAC”) announced today that its special meeting of stockholders (the “Meeting”), which was originally scheduled for April 20, 2023, has been postponed to 10:00 a.m. Eastern Time, on Tuesday, May 2, 2023. At the Meeting, stockholders of JWAC will be asked to vote on proposals to approve, among other things, its initial business combination with Chijet Inc., a Cayman Islands exempted company (“Chijet”), each of the referenced holders of Chijet’s outstanding shares (collectively, the “Sellers”), Chijet Motor Company, Inc., a Cayman Islands exempted company and wholly-owned subsidiary of Chijet (“Pubco”), and Chijet Motor (USA) Company, Inc., a Delaware corporation and a wholly-owned subsidiary of Pubco (“Merger Sub”), which JWAC previously announced on its Current Report on Form 8-K dated October 31, 2022, as amended (the “Business Combination”). There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.
GlobeNewswire Inc. · Apr 19, 2023
Jupiter, FL, April 19, 2023 (GLOBE NEWSWIRE) -- Jupiter Wellness Acquisition Corp. (Nasdaq: JWAC) (“JWAC”) announced today that its special meeting of stockholders (the “Meeting”), which was originally scheduled for April 20, 2023, has been postponed to 10:00 a.m. Eastern Time, on Tuesday, May 2, 2023. At the Meeting, stockholders of JWAC will be asked to vote on proposals to approve, among other things, its initial business combination with Chijet Inc., a Cayman Islands exempted company (“Chijet”), each of the referenced holders of Chijet’s outstanding shares (collectively, the “Sellers”), Chijet Motor Company, Inc., a Cayman Islands exempted company and wholly-owned subsidiary of Chijet (“Pubco”), and Chijet Motor (USA) Company, Inc., a Delaware corporation and a wholly-owned subsidiary of Pubco (“Merger Sub”), which JWAC previously announced on its Current Report on Form 8-K dated October 31, 2022, as amended (the “Business Combination”). There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.
GlobeNewswire Inc. · Oct 26, 2022
Business combination agreement with Jupiter Wellness Acquisition Corp. values Chijet’s operating companies at $1.6 billion, subject to downward revision of up to $674 million based on certain post-Closing financial performance or stock price metrics
