Faraday future issues statement confirming no exposure to silicon valley bank shutdown

Los angeles--(business wire)--faraday future intelligent electric inc. (nasdaq: ffie) ("faraday future", “ff” or "company"), a california-based global shared intelligent electric mobility ecosystem company, is aware of the current news and reports surrounding silicon valley bank's liquidity concerns. the company does not have any cash or cash equivalents on deposit at silicon valley bank and does not have any other direct relationship with silicon valley bank.
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