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FARADAY FUTURE ANNOUNCES ADDITIONAL PROPOSAL FOR THE RECENTLY ANNOUNCED SPECIAL MEETING OF STOCKHOLDERS TO LIMIT THE COMPANY'S AUTHORIZED SHARES AVAILABLE FOR ISSUANCE

Faraday Future Intelligent Electric Inc. , a California-based global shared intelligent electric mobility ecosystem company, announced an additional proposal for the recently announced special...
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Despite EV delivery delays, Faraday Future raises $90M to stay afloat

Faraday Future has managed to raise $90 million from existing investors to help it get its much-delayed FF 91 luxury electric SUV to production and delivery. Faraday's investors will also accelerate an existing commitment of $15 million, the EV company said Tuesday. Faraday is one of a litany of EV SPACs -- EV startups that went public via a merger with a special purpose acquisition company -- that has struggled to stay afloat.
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Source: yahoo.com

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