JWAC

Chijet Motor Company, Inc. and Chijet, Inc., a High-Tech Enterprise Engaged in the Development, Production and Sales of New Energy Vehicles, together with Jupiter Wellness Acquisition Corp. Announce Closing of Business Combination

Retrieved on: 
Thursday, June 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.

Key Points: 
  • The Business Combination will add cash, including funds from JWAC’s trust account, to support Chijet’s growth and internal expansion.
  • Chijet’s ordinary shares are expected to commence trading on The Nasdaq Global Market under ticker symbol “CJET”, on June 2, 2023.
  • The Business Combination was approved at a special meeting of JWAC’s stockholders on May 2, 2022.
  • Ellenoff Grossman & Schole LLP served as legal counsel to Chijet, Inc.
    Sichenzia Ross Ference LLP served as legal counsel to JWAC.

JUPITER WELLNESS ACQUISITION CORP. CLARIFIES PRESS RELEASE OF APRIL 19, 2023.

Retrieved on: 
Thursday, April 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.

Key Points: 
  • 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.
  • There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.
  • As a result of this change, the Meeting will now be held at 10:00 a.m. Eastern Time on Tuesday, May 2, 2023, via the live webcast at https://web.lumiagm.com/285719486 .
  • Stockholders who wish to withdraw their previously submitted redemption requests may do so prior to the Meeting by requesting the Company’s transfer agent American Stock Transfer & Trust Company to return such shares.

JUPITER WELLNESS ACQUISITION CORP. ANNOUNCES POSTPONEMENT OF ITS SPECIAL MEETING OF STOCKHOLDERS FOR APPROVING ITS INITIAL BUSINESS COMBINATION WITH CHIJET

Retrieved on: 
Wednesday, April 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.

Key Points: 
  • 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.
  • There is no change to the location, the record date, the purpose or any of the proposals to be acted upon at the Meeting.
  • As a result of this change, the Meeting will now be held at 10:00 a.m. Eastern Time on Tuesday, May 2, 2023, via the live webcast at https://web.lumiagm.com/285719486 .
  • Stockholders who wish to withdraw their previously submitted redemption requests may do so prior to the Meeting by requesting the Company’s transfer agent American Stock Transfer & Trust Company to return such shares.

Chijet Motor Company, Inc. entered into a business combination agreement with Jupiter Wellness Acquisition Corp. to become a public company to advance its electric vehicle business and sales of gasoline vehicles in China and Southeast Asia

Retrieved on: 
Wednesday, October 26, 2022

NEW YORK, NY, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Jupiter Wellness Acquisition Corp. (NASDAQ: JWAC) (“JWAC”), a publicly traded special purpose acquisition company, today announced the signing of a definitive business combination agreement, dated October 25, 2022, with Chijet Motor Company, Inc. (together with its subsidiaries, the “Company” or “Chijet”), is developing next-generation electric vehicles and expanding its manufacturing capabilities. Chijet expects to use the transaction proceeds to fund the development and production of its planned next-generation electric vehicle, with sales expected to increase as new models are launched and two production facilities, occupying a total area of 8.47 million square feet with annual production capacity of 200,000 vehicles currently under construction in Xiangyang and Yantai, China, are completed.

Key Points: 
  • Brian John, CEO of JWAC, noted: We are delighted to have entered into a definitive agreement with Chijet.
  • Chijet designs, manufactures, markets and services a full line of cars, mini-trucks, sport utility vehicles and electric vehicles.
  • Chijet is currently focusing on expanding the business of electric vehicles while manufacturing, selling and servicing traditional fuel vehicles.
  • The primary business of Chijet is the development, manufacture, sales and service of traditional fuel vehicles and electric vehicles.

Illuminate Announces Growth-Driven Leadership Team and Strategic Developments

Retrieved on: 
Tuesday, April 12, 2022

Illuminate has seen significant growth and transformation with Tameika as its Chief Operating Officer and the company looks forward to her continued leadership and vision.

Key Points: 
  • Illuminate has seen significant growth and transformation with Tameika as its Chief Operating Officer and the company looks forward to her continued leadership and vision.
  • Scott brings more than 24 years of leadership experience in the federal services sector to Illuminate.
  • Tom Sundling retired from day-to-day activities of Illuminate and will remain engaged as a member of the Illuminate Board of Directors.
  • The company is deeply appreciative of his years of leadership and great service to Illuminate and looks forward to his continued involvement and valuable perspectives.

Altamira Technologies Awarded JWAC CAPCON Data Services Task Order

Retrieved on: 
Wednesday, April 6, 2022

Altamira Technologies Corporation, a world class engineering and analytics technology company, today announced the win of the Joint Warfare Analysis Center (JWAC) Capabilities Contract (CAPCON) Data Services Task Order.

Key Points: 
  • Altamira Technologies Corporation, a world class engineering and analytics technology company, today announced the win of the Joint Warfare Analysis Center (JWAC) Capabilities Contract (CAPCON) Data Services Task Order.
  • Altamira is honored to provide data services support to the JWAC and their mission to provide Combatant Commands, Joint Staff, and other customers with effects-based analysis and precision targeting options for selected networks and nodes in order to carry out the national security and military strategies of the United States, during peace, crisis, and war.
  • The Data Services Task Order creates a sustainable data supply chain backend for JWACs data science program, aids in the identification of new sources of data, develops methodologies to work with structured and unstructured data, and informs its respective computer environments.
  • Altamira advances National Security missions with intelligence solutions that are informed by mission experts and delivered by elite technical talent.