FF: Reverse Stock Split to Maintain Nasdaq Listing Status
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Glonghui, July 22｜Faraday Future (referred to as "FF") announced a reverse stock split to maintain its Nasdaq listing status. FF stated that the implementation of the reverse stock split is a proactive risk management measure determined by the board of directors after careful evaluation, aiming to avoid triggering the risk of Nasdaq delisting due to the company's closing bid price being at or below $0.10 for 10 consecutive trading days.
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