繼去年遭那斯達克證券交易所警告之後，Faraday Future因在今年11月9日至12月27日期間未能於連續30個交易日內維持至少每股1美元的最低買入價，再次被告知不符合繼續上市規定，可能再次出現退市危機。
When Faraday Future was listed on the Nasdaq Stock Exchange in the form of a SPAC in July 2021, its issue price was US$7, and it closed at US$13.78 on the first day of listing, increasing its market value to US$13.98 billion. However, its current share price is only US$45.35, and its market value is estimated to be only US$0.26 million.
Prior to this, Faraday Future was warned by the Nasdaq Stock Exchange that it failed to hold an annual shareholders' meeting within one year after its listing and failed to submit 1-K financial reporting documents, which may affect its ability to continue to be listed.
Faraday Future, long after announcing its founding and showcasing its luxury electric vehicle designs at events like CES, has never quite reached production targets. After facing numerous skepticism and numerous management changes, Faraday Future's repeatedly delayed FF 91 Futurist finally entered mass production in March of this year. Only recently did it begin delivering vehicles to early adopters, and while it finally achieved approximately $3 in sales revenue, it has also incurred a $55.1 million loss overall.
Although Faraday Future emphasized that it would accelerate vehicle production and delivery, considering that actual revenue still cannot support the company's operations and subsequent development, Faraday Future announced its expansion into the Middle East market. In addition to stating that it has accumulated more than 300 deposit-free reservations for the FF 91 2.0 Futurist aiFalcon Limited Edition, it also announced a partnership with the Abu Dhabi Investment Authority. The two parties plan to establish a regional headquarters, manufacturing plant and advanced R&D center in Abu Dhabi to promote the next generation of electric vehicles and artificial intelligence technologies, thereby expanding cooperation opportunities with the UAE capital market.
