Faraday future announces strategic $41 million investment in qualigen therapeutics, inc. (nasdaq: qlgn) for crypto business through pipe transaction

Los angeles and carlsbad, calif., sept. 19, 2025 (globe newswire) -- faraday future intelligent electric inc. (nasdaq: ffai) (“faraday future”, “ff” or “company”), a california-based global shared intelligent electric mobility ecosystem company, and qualigen therapeutics, inc. (nasdaq: qlgn) ("qlgn"), jointly announced that they have entered into a securities purchase agreement (the “agreement”) for a private investment in public equity (pipe) in qlgn's common stock and preferred stock, and will start a crypto and web3-related business.
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