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On February 23, 2024, Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") filed an amendment to its charter to execute a reverse stock split at a ratio of 1:3, effective as of 5:00 p.m., Eastern Time, on February 29, 2024. This action was authorized by the Company's stockholders during a special meeting held on February 5, 2024. The reverse stock split will result in every three shares of issued and outstanding common stock being automatically converted into one share of common stock. The number of authorized shares of common stock will also be reduced to 463,312,500. Adjustments will be made to the Company's stock incentive plans, outstanding warrants, and convertible securities to reflect the reverse stock split. Faraday Future's Class A common stock...Show More
On February 23, 2024, Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") filed an amendment to its charter to execute a reverse stock split at a ratio of 1:3, effective as of 5:00 p.m., Eastern Time, on February 29, 2024. This action was authorized by the Company's stockholders during a special meeting held on February 5, 2024. The reverse stock split will result in every three shares of issued and outstanding common stock being automatically converted into one share of common stock. The number of authorized shares of common stock will also be reduced to 463,312,500. Adjustments will be made to the Company's stock incentive plans, outstanding warrants, and convertible securities to reflect the reverse stock split. Faraday Future's Class A common stock will begin trading on a split-adjusted basis on The Nasdaq Capital Market on March 1, 2024, under the existing ticker symbol 'FFIE' with a new CUSIP number. No fractional shares will be issued; stockholders who would otherwise receive a fractional share will be issued a full share instead. The Company has also issued a press release and an open letter from the Global CEO, Matthias Aydt, discussing the reverse stock split and sharing the updated master plan for the Company's growth in 2024.
2024年2月23日，法拉第未来智能电气公司（“法拉第未来” 或 “公司”）提交了章程修正案，以1：3的比例执行反向股票拆分，自美国东部时间2024年2月29日下午5点起生效。该行动是在2024年2月5日举行的特别会议上由公司股东批准的。反向股票拆分将导致每三股已发行和流通普通股自动转换为一股普通股。普通股的授权数量也将减少到463,312,500股。将调整公司的股票激励计划、未偿还的认股权证和可转换证券，以反映反向股票拆分。法拉第期货的A类普通股将于2024年3月1日在纳斯达克资本市场开始按拆分调整后的基础上交易，现有股票代码为 “FFIE”，并使用新的CUSIP编号。不会发行零碎股票；原本将获得部分股份的股东将改为发行全额股份。该公司还发布了全球首席执行官马蒂亚斯·艾特的新闻稿和公开信，讨论了反向股票拆分并分享了公司2024年增长的最新总体规划。
2024年2月23日，法拉第未来智能电气公司（“法拉第未来” 或 “公司”）提交了章程修正案，以1：3的比例执行反向股票拆分，自美国东部时间2024年2月29日下午5点起生效。该行动是在2024年2月5日举行的特别会议上由公司股东批准的。反向股票拆分将导致每三股已发行和流通普通股自动转换为一股普通股。普通股的授权数量也将减少到463,312,500股。将调整公司的股票激励计划、未偿还的认股权证和可转换证券，以反映反向股票拆分。法拉第期货的A类普通股将于2024年3月1日在纳斯达克资本市场开始按拆分调整后的基础上交易，现有股票代码为 “FFIE”，并使用新的CUSIP编号。不会发行零碎股票；原本将获得部分股份的股东将改为发行全额股份。该公司还发布了全球首席执行官马蒂亚斯·艾特的新闻稿和公开信，讨论了反向股票拆分并分享了公司2024年增长的最新总体规划。
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