Jupiter Wellness Acquisition Corp.
JWAC
NASDAQ Global Market5.65
USD
-1.70
- -
CIK
0001883799
CUSIP
48208E108
Return %
Stock
S&P500
1Y
-43.22
18.21
3Y
-42.52
64.38
5Y
-42.52
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Brian Scott John
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1061 East Indiantown Road Jupiter FL United States of America 33477
- IPO Date
- Jan 7, 2022
- CIK
- 0001883799
- Similar Companies
- Business
- Jupiter Wellness Acquisition Corp. (NASDAQ: JWAC) operates as a blank check company whose purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a primary focus on opportunities in the healthcare sector; its activities center on identifying and pursuing strategic targets rather than producing or selling products or services. Sponsored by Jupiter Wellness, Inc., the company holds cash proceeds from its initial public offering, completed in December 2021, in a trust account to fund potential transactions. Headquartered in Jupiter, Florida, and founded in September 2021, it targets healthcare-related entities, including those in artificial intelligence-based therapeutics, diagnostics, telehealth, wellness products, and related innovations, with geographic focus encompassing the United States and potentially global opportunities. In a major development, Jupiter Wellness Acquisition Corp. entered into a definitive business combination agreement in October 2022 with Chijet, Inc., a China-based developer and manufacturer of new energy vehicles and traditional fuel vehicles through various brands for the Chinese and Southeast Asian markets, valued at approximately $1.6 billion; following stockholder approval on May 2, 2023, and multiple extensions of its combination deadline including a $1.38 million trust deposit in late 2022, the transaction closed via reverse merger on June 1, 2023, resulting in the combined entity trading as Chijet Motor Company, Inc. (NASDAQ: CJET), with JWAC ceasing active independent operations and its Class A common stock symbol marked as no longer active. Subsequent to the merger, Chijet Motor faced Nasdaq compliance challenges, receiving a staff delisting determination in February 2025 for failing minimum market value requirements under Listing Rules 5450(b)(2)(A) and 5450(b)(2)(C), though it appealed and pursued strategies including digital asset acquisitions exceeding $400 million and partnerships like EdgeAI for AI enhancements; as of late 2025, JWAC-related rights (JWACR) and units (JWACU) continue limited trading activity amid the post-merger structure.
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