Jupiter Wellness Acquisition Corp. Class A Common Stock

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.

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