YT Jia has mentioned there is no plan to issue new shares or related unless shareholder approval. the 510m free float on Moomoo is misleading and incorrect.
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: https://www.sec.gov/ix?doc=/Archives/edgar/data/1805521/000162828024025420/ffie-20231231.htm We have updated the relevant data according to the annual report. Thank you.
73282684 : the numbers are off now did moomoo just pull a Robinhood on FFIE dun dun duh
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: https://www.sec.gov/ix?doc=/Archives/edgar/data/1805521/000162828024025420/ffie-20231231.htm
We have updated the relevant data according to the annual report. Thank you.