违规提示

请您遵循相关法律法规,避免再次出现类似问题

如有任何疑问,请联系support@tmtpost.com

关闭

Jia Yueting's Faraday Future Approved to List on Nasdaq Soon

2021.07.22 09:23 · 阅读 2.72万

BEIJING, July 21 (TMTPOST)— Property Solutions Acquisition Corp. (PSAC) announced on Wednesday that its shareholders’ meeting approved merger with Faraday Future (FF) and the business combination is expected to close on or about the same day. FF expects to receive approximately $1 billion in gross proceeds when combination completes. The combined new company will be named Faraday Future Intelligent Electric Inc. and its common stock and warrants are expected to start trading on the Nasdaq on or about July 22, under the share ticker “FFIE” and “FFIEW” respectively. Inspired by Faraday, FF’s former CEO Jia Yueting co-founded the company in 2014. But his vision of creating a shared intelligent mobility ecosystem was caught in financial trouble since 2016, and the startup had to delay launch of production for the first electric vehicle FF91 and drop other models’ plan. In 2017, Jia was levied several financial penalties in China and he had never returned to the country since assets were frozen. Two year ago, he filed for chapter 11 bankruptcy in the U.S., and he resigned as FF’s CEO and relinquished his stake in the company. FF struggled to get through funding problem after Jia’s quit. It settled a $3.4 billion SPAC merger with PSAC in January and announced production of FF91 would begin by July, 2022. FF said an assembly plant in central California’s Hanford can produce 10,000 vehicles per year when it’s up and running in the near future.

本文内容仅供参考,不构成投资建议,请谨慎对待。

猜你感兴趣

注册邮箱未验证

我们已向下方邮箱发送了验证邮件,请查收并按提示验证您的邮箱。

如果您没有收到邮件,请留意垃圾邮件箱。

更换邮箱

您当前使用的邮箱可能无法接收验证邮件,建议您更换邮箱

账号合并

经检测,你是“钛媒体”和“商业价值”的注册用户。现在,我们对两个产品因进行整合,需要您选择一个账号用来登录。无论您选择哪个账号,两个账号的原有信息都会合并在一起。对于给您造成的不便,我们深感歉意。