Faraday Future Expects Ability to Finance Future Growth With Reverse Stock Split and the Registration Statements on Form S-3
Faraday Future Expects Ability to Finance Future Growth With Reverse Stock Split and the Registration Statements on Form S-3
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) ("Faraday Future", "FF" or "Company"), a California-based global shared intelligent electric mobility ecosystem company, today announced it expects to finance future growth with its previously announced reverse stock split and the filing of Registration Statements on Form S-3. Once effective, the Registration Statements, together with the reverse stock split, are expected to help the Company satisfy certain closing conditions for previously announced financing commitments and secure new rounds of financing. These actions mark a significant step in a comprehensive plan to attract additional investors which will support the continued production ramp of the Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance along with the expansion of its sales and service network.
總部位於加利福尼亞的全球共享智能電動汽車生態系統公司法拉第未來智能電氣公司（納斯達克股票代碼：FFIE）（“法拉第未來”、“FF” 或 “公司”）今天宣佈，預計將通過先前宣佈的反向股票拆分和在S-3表格上提交註冊聲明來爲未來的增長提供資金。一旦生效，註冊聲明以及反向股票拆分預計將幫助公司滿足先前宣佈的融資承諾的某些成交條件並獲得新一輪融資。這些行動標誌着吸引更多投資者的全面計劃邁出了重要一步，該計劃將支持Ultimate AI TechLuxury FF 91 2.0 Futurist Alliance的持續產量增長以及其銷售和服務網絡的擴張。
On Friday, August 25th, the Company announced a reverse stock split of the issued and outstanding shares of the Company's common stock, at a ratio of 1-for-80. Commencing at the open of market today, the Company's common stock began trading on a split-adjusted basis. The authorized shares of Company's common stock were also reduced from 1,765,000,000 to 154,437,500 shares following the reverse stock split.
8月25日星期五，公司宣佈對公司普通股的已發行和流通股進行反向股票拆分，比例爲1比80。從今天的市場開盤開始，該公司的普通股開始在拆分調整後的基礎上進行交易。反向股票拆分後，公司普通股的授權股也從17.65億股減少至154,437,500股。
The Company believes that the reverse stock split together with the Registration Statements, when effective, will provide investors with long-term value. The Company believes that this development will also significantly increase our attractiveness to institutional and strategic investors. The Company recently announced the Developer Co-Creation festival with the first FF 91 2.0 Futurist Alliance delivery and signed the second group of Developer Co-Creation Officers at Pebble Beach, California, during Monterey Car week.
公司認爲，反向股票拆分與註冊聲明一起生效後，將爲投資者提供長期價值。公司認爲，這一發展還將大大增加我們對機構和戰略投資者的吸引力。該公司最近宣佈了開發者共同創作節，首次推出FF 91 2.0 Futurist Alliance，並在蒙特利汽車週期間在加利福尼亞州的圓石灘簽下了第二批開發者共同創作官員。