1.7 billion shares
$Faraday Future Intelligent Electric Inc.(FFIE.US$ The share capital is now less than 1.4 billion dollars. It can add another 1.7 billion dollars. What does this mean? Can Nasdaq let him do this? Can shareholders let him do this?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
越飞越高 : Let's join stocks first
KingNY-Life : Therefore, it is necessary to raise the price and issue additional new shares, not the current price; otherwise, too many new shares will be issued
Bird007 : The brain is a good thing
104163826 OP KingNY-Life : I read the announcement that 1.7 billion shares can be issued after the joint stock
越飞越高 : It is also possible to combine shares first, reduce the total share capital, and then issue additional shares
104163826 OP Bird007 : Clever, let me explain
Bird007 104163826 OP : Time is running out, I need to go out
一本万利 : They have a reason why they can issue more shares because they need capital. This is a great way to make no money. Build a fart car, sell a fart car, just delay delivery, join shares, and increase issuance. Continued issuance is enough for them to get through the end of the world in 2086...