Jupiter Wellness (NASDAQ: JUPW) today announced the successful de-SPACing and commencement of trading of its sponsored special purpose acquisition company (“SPAC”), now trading on Nasdaq under the ticker symbol CJET. According to the update, the transition highlights Jupiter’s commitment to innovative growth strategies and broadening its investment portfolio. “Jupiter is proud to have been a part of this successful SPAC transaction, reflecting our confidence in the growth and future prospects of CJET,” said Brian John, CEO of Jupiter Wellness and Jupiter Wellness Acquisition Corp. “We firmly believe in the strategy and leadership of Chijet, and we are excited about the possibilities that this de-SPAC brings to Jupiter’s shareholders, which can now finally be recognized as an asset on Jupiter’s balance sheet.”
To view the full press release, visit https://ibn.fm/6Ad8f
About Jupiter Wellness Inc.
Jupiter Wellness is a diversified company that supports health and wellness by researching and developing over-the-counter (“OTC”) products and intellectual property. The company’s product pipeline addresses a range of conditions, including hair loss, psoriasis and vitiligo. Revenue is generated through the sales of OTC and consumer products and licensing royalties. For more information, visit the company’s website at www.JupiterWellness.com.
NOTE TO INVESTORS: The latest news and updates relating to JUPW are available in the company’s newsroom at https://ibn.fm/JUPW
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