Chijet Motor Company, Inc. (CJET), a Nasdaq-listed firm, has successfully completed a $300 million private placement in cryptocurrency. The offering, aimed at non-U.S. institutional investors, included one common share priced at $0.10 and three warrants with an exercise price of $0.12 per unit. CEO Melissa Chen stated that the funds will enhance the company's financial flexibility, enabling advancements in secure crypto custody infrastructure and strategic acquisitions within the digital asset storage sector.