An update from Faraday Future Intelligent Electric (FFIE) is now available.
Faraday Future Intelligent Electric Inc. has announced that it’s been granted a conditional extension by Nasdaq to meet listing requirements. The company must comply with periodic filing by July 31, 2024, and minimum bid price rules by August 31, 2024. While Faraday Future is actively working to meet these conditions, it’s uncertain whether they will achieve compliance within the given timeframe.
See more insights into FFIE stock on TipRanks’ Stock Analysis page.