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ColinZLi shared · Jul 16, 2021 14:47

Private placement to a Chinese Tier 1 city government investor was declined

This is the reason that this share is declining. People may interprete this as FF is losing support from Chinese government, but this may not be the case. still need to wait and see the result of the vote and futher developments.
Filing under Securities Act of 1933 Rule 425 of certain prospectuses and communications in connection with business combination transactions
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