J-Star Moves Up in Premarket on $122.5 Million Texas Battery Deal Behind YMAT
J-Star Holding shares jumped 47% to $1.34 in U.S. premarket trading after the Taiwan firm detailed plans for a $122.5 million solid-state battery plant in Baytown, Texas. The company secured a $60 million outbound investment authorization from Taiwan’s central bank and a site commitment from Baytown’s economic development group. J-Star still awaits a U.S. Department of Energy grant decision. A reverse split vote is set for June 8.