Faraday future announces nasdaq delisting determination and intention to appeal

Los angeles--(business wire)--faraday future intelligent electric inc. (“faraday future” or the “company”) (nasdaq: ffie), a california-based global shared intelligent electric mobility ecosystem company, today announced that it received a letter from the nasdaq stock market llc (“nasdaq”) dated april 24, 2024, indicating that the company was not in compliance with nasdaq listing rule 5810(c)(3)(a)(iii), as the company's securities had a closing bid price of $0.10 or less for ten consecutive tr.
FFIE Ratings Summary
FFIE Quant Ranking