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Faraday Future and Grow Fandor Forge Exclusive Strategic Licensing Collaboration, a Potential New Growth Driver
12 seconds ago, 2:15 PM PST
Via BusinessWire


FF has received the initial $250,000 annual license fee.
The anticipated economic benefits for FF from this collaboration include a royalty fee equal to the greater of (a) 50% of the annual net profit from FF and FX ecosystem products and (b) 5% of net sales revenue from all relevant brand ecosystem products.
FF will not be required to contribute any resources for development of branded products.
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