$Faraday Future Intelligent Electric Inc. (FFIE.US)$ crazy a...
$Faraday Future Intelligent Electric Inc.(FFIE.US$ crazy amount of FUD and misinformation in here, there are no new shares, only MooMoo is wrong!
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Moomoo Lily : Dear mooer, According to the annual report released by FFIE this morning, the company now has 439,941,332 shares of common stock, consisting of 439,674,662 shares of Class A common stock and 266,670 shares of Class B common stock.
Furthermore, as disclosed in the Subsequent Events section on page 165 of the report, a portion of the principal and interest on the SPA loans has been converted into 398,600,000 shares of Class A common stock.
Please find a link to the annual report here: XBRL Viewer
We have updated the relevant data according to the annual report. Thank you.
103809945 OP Moomoo Lily : hi, the new shares are outstanding but not authorized shares, can you please clarify