Filing Details

Accession Number:
0001493152-25-001715
Form Type:
13D Filing
Publication Date:
2025-01-09 19:00:00
Filed By:
Hongwei Mu
Company:
Chijet Motor Company Inc.
Filing Date:
2025-01-10
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Hongwei Mu 2,755,255 0 2,755,255 0 2,755,255 33.74%
Chijet Holdings Limited 2,755,255 0 2,755,255 0 2,755,255 33.74%
Filing





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. Checkbox not checked

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D



Comment for Type of Reporting Person:
The number in Row 7, 9, and 11 consists of (i) 1,398,111 ordinary shares, par value $0.003 per share ("Ordinary Shares"), of Chijet Motor Company, Inc. (the "Issuer") held by Chijet Holdings Limited ("CHL"), a reporting person, prior to the consummation of a private placement transaction on January 7, 2025, in which the Issuer issued Ordinary Shares and warrants to purchase Ordinary Shares (the "Warrants") to CHL and certain other investors (the "PIPE"), (ii) 339,286 Ordinary Shares issued to CHL in the PIPE, and (iii) 1,017,858 Ordinary Shares issuable upon exercise of the Warrants issued to CHL in the PIPE. The 1,398,111 Ordinary Shares held by CHL prior to the PIPE reflected (i) a 1-for-30 reverse stock split effectuated by the Issuer on June 28, 2024, and (ii) the surrender of 286,618 Ordinary Shares on or about September 25, 2024, pursuant to the Amended and Restated Business Combination Agreement, dated as of October 25, 2022 (as amended, the "BCA"), by and among the Issuer, Jupiter Wellness Acquisition Corp., a Delaware corporation, Chijet Inc., a Cayman Islands exempted company ("Chijet"), each of the referenced holders of Chijet's outstanding ordinary shares (collectively, the "Sellers", including CHL), Chijet Motor (USA) Company, Inc., a Delaware corporation and a wholly-owned subsidiary of the Issuer, which reduced the reporting person's Ordinary Shares of 50,541,864 then held by CHL as reported by the reporting person on its Schedule 13D filed with the U.S. Securities and Exchange Commission (the "SEC") on February 16, 2024 (the "Original 13D"). Mr. Hongwei Mu is the director of CHL and as such, may be deemed to be the beneficial owner of the foregoing securities held by CHL. The percentage in Row 11 is calculated based on a denominator of 8,166,506 Ordinary Shares, consisting of (i) a total of 5,470,076 Ordinary Shares outstanding as of June 30, 2024 as reported by the Issuer on the Condensed Interim Unaudited Consolidated Financial Statements of the Issuer and its subsidiaries as of June 30, 2024 and for the Six Months ended June 30, 2024 and June 30, 2023, furnished as Exhibit 99.1 to the Issuer's Form 6-K as filed with the SEC on September 30, 2024 (the "6-K"), (ii) a total of 1,678,572 Ordinary Shares issued in the PIPE, as reported on the Issuer's Form 6-K as fined with the SEC on January 7, 2025, and (iii) 1,017,858 Ordinary Shares issuable upon exercise of the Warrants issued to CHL in the PIPE.


SCHEDULE 13D



Comment for Type of Reporting Person:
The number in Row 7, 9, and 11 consists of (i) 1,398,111 ordinary shares, par value $0.003 per share ("Ordinary Shares"), of Chijet Motor Company, Inc. (the "Issuer") held by Chijet Holdings Limited ("CHL"), a reporting person, prior to the consummation of a private placement transaction on January 7, 2025, in which the Issuer issued Ordinary Shares and warrants to purchase Ordinary Shares (the "Warrants") to CHL and certain other investors (the "PIPE"), (ii) 339,286 Ordinary Shares issued to CHL in the PIPE, and (iii) 1,017,858 Ordinary Shares issuable upon exercise of the Warrants issued to CHL in the PIPE. The 1,398,111 Ordinary Shares held by CHL prior to the PIPE reflected (i) a 1-for-30 reverse stock split effectuated by the Issuer on June 28, 2024, and (ii) the surrender of 286,618 Ordinary Shares on or about September 25, 2024, pursuant to the Amended and Restated Business Combination Agreement, dated as of October 25, 2022 (as amended, the "BCA"), by and among the Issuer, Jupiter Wellness Acquisition Corp., a Delaware corporation, Chijet Inc., a Cayman Islands exempted company ("Chijet"), each of the referenced holders of Chijet's outstanding ordinary shares (collectively, the "Sellers", including CHL), Chijet Motor (USA) Company, Inc., a Delaware corporation and a wholly-owned subsidiary of the Issuer, which reduced the reporting person's Ordinary Shares of 50,541,864 then held by CHL as reported by the reporting person on its Schedule 13D filed with the U.S. Securities and Exchange Commission (the "SEC") on February 16, 2024 (the "Original 13D"). Mr. Hongwei Mu is the director of CHL and as such, may be deemed to be the beneficial owner of the foregoing securities held by CHL. The percentage in Row 11 is calculated based on a denominator of 8,166,506 Ordinary Shares, consisting of (i) a total of 5,470,076 Ordinary Shares outstanding as of June 30, 2024 as reported by the Issuer on the Condensed Interim Unaudited Consolidated Financial Statements of the Issuer and its subsidiaries as of June 30, 2024 and for the Six Months ended June 30, 2024 and June 30, 2023, furnished as Exhibit 99.1 to the Issuer's Form 6-K as filed with the SEC on September 30, 2024 (the "6-K"), (ii) a total of 1,678,572 Ordinary Shares issued in the PIPE, as reported on the Issuer's Form 6-K as fined with the SEC on January 7, 2025, and (iii) 1,017,858 Ordinary Shares issuable upon exercise of the Warrants issued to CHL in the PIPE.


SCHEDULE 13D

 
Hongwei Mu
 
Signature:/s/ Hongwei Mu
Name/Title:Hongwei Mu
Date:01/10/2025
 
Chijet Holdings Limited
 
Signature:/s/ Hongwei Mu
Name/Title:Director
Date:01/10/2025