Monday, 19 June 2023

Faraday Future plans reverse stock split

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Faraday Future plans reverse stock split

The reverse stock split proposal includes a range between 1-for-2 and 1-for-90 shares of outstanding common stock. The final ratio will be determined by the Board following stockholder approval.


Based on the idea that the stock market's actions speak louder than those warning about an economic slowdown, the consumer-led recession many have been calling for appears to have ended months ago.






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