|Bid||2.5500 x 4000|
|Ask||2.5600 x 800|
|Day's Range||2.5300 - 2.8100|
|52 Week Range||1.6500 - 12.6400|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 07, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.00|
Faraday Future Intelligent Electric Inc. shares rose 21% to $2.42 in the regular session after the electric vehicle company entered a non-binding term sheet with shareholder FF Top Holding LCC for up to $600 million of financing.
HANFORD, Calif., August 02, 2022--Faraday Future Intelligent Electric Inc. ("FF") (NASDAQ: FFIE), a California-based global shared intelligent electric mobility ecosystem company, today gave further progress updates at its North American manufacturing facility and unveiled the official name of the production plant located in Hanford, California which will now be identified as ‘FF ieFactory California.’ This state-of-the-art facility will lead the production of the all new TechLuxury FF 91 EV, ar
FF Top Holding LLC ("FF Top"), a major shareholder of Faraday Future Intelligent Electric Inc.("FF", FFIE") (NASDAQ: FFIE), and FFIE executed a non-binding term sheet (the "Term Sheet") for a proposed convertible term loan facility of FFIE on August 1, consisting of potential senior secured convertible notes ("Notes") in a potential principal amount of up to $600,000,000 (the "Proposed Financing").