Faraday Future effects 1-for-150 reverse stock split effective July 24

Reuters2026/07/24 20:07

By:Reuters

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Faraday Future will implement a 1-for-150 reverse stock split at the open on July 24, 2026; shares will continue trading on Nasdaq as FFAI.
Class A common shares outstanding are expected to fall to about 2,563,519 from about 384,527,828, with fractional shares rounded up.
The move targets compliance with Nasdaq’s minimum bid price requirement.
The post-split CUSIP for the Class A common stock will be 307359869.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Faraday Future Intelligent Electric Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-081373), on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Faraday Future effects 1-for-150 reverse stock split effective July 24

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