Global ip commercialization company grow fandor and faraday future establish exclusive strategic collaboration on ecosystem products

Ff has received the initial $250,000 annual base license fee from grow fandor grow fandor to pay ff royalties, the greater of: (a) 50% of annual net profit from brand ecosystem products or (b) 5% of net sales revenue, payable quarterly exclusive licensing rights granted to grow fandor for ff and fx brands globally a dedicated subsidiary has been established to manage the ecosystem product business for ff los angeles, nov. 14, 2024 (globe newswire) -- grow fandor, the pioneering global ip commercialization company, yesterday announced an exclusive strategic licensing agreement with faraday future (ff), a leader in the global shared intelligent electric mobility ecosystem. this partnership grants grow fandor exclusive worldwide rights to use the ff and faraday x (fx) brands across various product categories, including apparel, automotive accessories, home goods, and personal care products.
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