Chijet Motor Co Inc, a Chinese automotive company listed on Nasdaq, has issued $8 million in shares at a discounted price, forcing the conversion of contingent value rights and highlighting the company’s struggles to meet performance milestones and …

Chijet Motor Co Inc, a Chinese automotive company, is currently facing financial challenges, with a declining stock price and negative Price Earnings ratio, but continues to focus on its core operations and adapt to the evolving industry.