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On April 8, according to foreign media reports, Faraday said on April 4 that he had received a letter from NASDAQ Stock Market Co., Ltd. The letter reads: NASDAQ Stock Market Co., Ltd. said that because Faraday did not submit its annual report as of December 31 last year in the form of 10Mel K documents, it said that Faraday did not comply with the NASDAQ listing rules in the future. Faraday said in the future that it was expected to receive this notice and hoped to restore compliance by April 19. It is understood that Faraday issued an announcement in March saying that the annual report had not been submitted in time, when Faraday said it needed more time.
On November 29th, Faraday Future (Faraday Future) issued a clarification on whether Faraday Future's receipt of the Nasdaq warning letter meant that NASDAQ asked FFIE to delist, which was a misinterpretation. FF hereby clarifies that the Nasdaq warning letter is only related to the delay in the submission of Q3 financial statements by FF, which is a normal procedure. Within 60 days of receiving the Nasdaq warning letter, FF will submit a compliance plan to Nasdaq, which will help FF obtain a grace period of up to 180 days from the initial deadline for submission of 10Muq.
Faraday is accused of not complying with the listing rules in the future.
According to media reports, Jia Yueting's Faraday Future (FF) will be listed on Nasdaq on July 22nd, with Evergrande holding a stake in FF20%. In addition, the FF 91, the first model of Faraday in the future, will also usher in mass production and open bookings. A few days ago, at a special meeting held by Property Solutions Acquisition Corp. (PSAC) (NASDAQ: PSAC), shareholders considered and voted to approve all related to the proposed merger between PSAC and FaradayFuture (FF).
Only four months after listing, the future FF of Faraday under Jia Yueting has been full of twists and turns. The latest news today shows that Faraday will be investigated by American law firm or face litigation in the future. Law firm Block & Leviton is investigating whether Jia Yueting's Faraday has violated US securities laws and regulations in the future and may file a lawsuit to help investors who have suffered financial losses as a result of buying its shares, according to several media reports. On November 24 this year, Faraday released news that the company had received a warning letter from Nasdaq that it had failed to submit its Q3 financial report for 2021 on time.
FF may be in danger of breaking the capital chain again, and Faraday must submit its official financial results for the third quarter of 2021 by May 6, according to Rule 5250 (c) (1) of the Nasdaq listing rules. Otherwise, Faraday will be forced to delist in the future, which means that the last way to raise money will face the risk of closure. According to the time stipulated, there are 33 days left for Faraday in the future. If there is no formal financial report for 33 days to prove compliance, the stock market will be delisted and the fund-raising channel of the stock market will be closed. According to earlier media reports: on November 24, 2021, Faraday said it received na in the future.
On January 10, Faraday issued a future announcement that the company received a notice from the NASDAQ on January 4 that the company did not meet the requirements for continued listing because the company had not held its annual general meeting within 12 months after the end of the fiscal year ended December 31, 2021. Faraday Future Table
On September 22nd, Faraday appointed Matthias Aydt as FF global CEO and Chen Xuefeng as CEO in China. It is understood that Chen Xuefeng decided to resign as global chief executive of FF on September 16, while resigning as a member of the board of directors.
On April 14, according to documents issued by the Securities and Exchange Commission, the board of directors of FF adjusted the position of Jia Yueting, founder of FF. Jia Yueting will no longer serve as executive officer, but will retain his post of chief product officer, focusing on products and mobile ecosystems and the Internet, artificial intelligence and advanced research and development technologies. Earlier, according to documents disclosed by FF on SEC, some of the company's management and employees had received security notices and subpoenas from SEC, which showed that SEC had begun a formal investigation into the matter investigated by the special committee. FF said he had previously taken the initiative to contact SEC about the special committee's investigation.
Another new car maker faces suspension and delisting, this time from American electric car startup Lordstown Motors (hereinafter referred to as "Loddtown Motor"). On June 29th, the media reported that Loddtown Motor said it had received a letter from Nasdaq on June 28th.
On June 25th, Faraday Future (Faraday Future) officially announced that the Securities and Exchange Commission (SEC) approved the joint listing plan of Faraday Future (Faraday Future) and Property Solutions Acquisition Corp. (PSAC). It is understood that shareholders of PSAC will hold a meeting on July 20, 2021 to approve the formal merger with Faraday Future by shareholder vote. After obtaining the approval of PSAC shareholders and complying with other practices, the terms of deal.
On May 6, Faraday Future (FF) announced its results for the third quarter ended September 30, 2021. The results show that Faraday's net loss for the third quarter ended September 30, 2021 was $304 million, compared with a net loss of $33 million in the same period last year.
Today, Faraday Future Weibo released a video about Dr. Faraday Future CEO Bifukang leading a team at the Hanford factory to learn about the latest progress of FF 91. The video mentioned: the FF 91 project is proceeding as planned, the testing and verification work is going on as scheduled, and we have
On October 16th, Jia Yueting, founder of Faraday Future (FF), published an open letter to all shareholders and investors. Jia Yueting said in the open letter: "I am actually the most anxious about the serious deviation between the real value of FF and the value of the capital market.
The fact that Faraday Future was accused of being an "emerging electric car scam that can't sell a car" has finally come to an end. On Tuesday, local time, Faraday announced that it had completed its previously announced investigation into allegations of inaccurate disclosure, according to media reports. The findings showed that other substantive allegations of inaccurate disclosure assessed by the Special Committee, including those in the short sellers' report, were not supported by the review evidence. In addition, the Special Committee did find some inconsistencies in its statements to investors and some weaknesses in corporate control and culture.
Since Weimar filed for bankruptcy review, the follow-up direction of Weimar has also attracted the attention of people inside and outside the industry. Recently, Lin Mingjun, founder of Happy Motor, who announced the acquisition of Weimar, revealed some of the latest developments with Weimar in an interview with the media. Lin Mingjun said that the merger and acquisition of Weimar
On the morning of July 22nd, Faraday Future officially listed on the NASDAQ Stock Exchange and held a bell-ringing ceremony to begin official public trading under the stock code "FFIE". It is worth noting that although Jia Yueting, the future founder of Faraday, also came to the Nasdaq Stock Exchange, he did not appear on the bell-ringing platform, but watched the arrival of this moment offline. Faraday's future listing for Jia Yueting, perhaps the greatest significance is to ease the financial pressure. Jia Yueting said in an interview with China Business News that Faraday's future listing intention.
Volvo plans to IPO and list on the Nasdaq Stockholm Stock Exchange, and its new shares will raise a total of about 25 billion Swedish kronor (18.5 billion yuan), Volvo's official website said on Oct. 4. On IPO, Volvo CEO Hanken Samuelson said, "the decision to move forward with IPO will help enhance our brand and accelerate the transformation strategy of fully electrified, user-directed and higher levels of security. This will help the company achieve continuous growth in sales, revenue and profitability. " Volvo said the Nasdaq Stockholm deal.
As of Sept. 23, U.S. stocks closed at $0.767 per share, up 2.9% at Faraday Future, leaving a total market capitalization of just $252 million. It is understood that Faraday will be officially listed on the NASDAQ Stock Exchange in the United States on July 22, 2021.
Michael Lohscheller, CEO of US electric truck maker Nikola, said in an official document that if its shares still do not meet the Nasdaq minimum bid requirements for a certain period of time, it may carry out a reverse stock split to avoid delisting. Reverse
Heavy! The National Development and Reform Commission plans to relax car purchase restrictions and increase license plate indicators in an all-round way
China's car sales continue to decline and the trend of car consumption is gradually declining. in such an environment, the National Development and Reform Commission is expected to guide further liberalization of the purchase restriction policy and comprehensively encourage automobile consumption. According to the online documents, the National Development and Reform Commission issued the implementation Plan for promoting the Renewal of consumption of Automobile, Home Appliances and Consumer Electronics to promote the Development of Circular economy (2019-2020), which plans to further expand the consumer market such as automobiles, promote the development of circular economy, and deepen supply-side structural reform. The document also describes in detail the specific implementation plan, and there are nine supporting regulations in the automotive field. The most important of these is the purchase restriction city.
2019-04-17 17:36:07Details
All of a sudden! A Tesla in Dongguan was suspected of getting out of control and crashed into multiple cars and destroyed the shop door.
A # Tesla suspected of getting out of control and crashing into multiple cars crashed into the store door # news quickly rushed to the hot search list of Weibo. According to electric shock news and other media reports, on March 4, a Tesla was suspected to be out of control in a traffic accident in Chigang, Humen, Dongguan, Guangdong. After crashing into a BMW, he crushed a Toyota under the car and ended up with a shop facing the street.
2023-03-04 16:56:32Details
The latest delivery list of new forces, Wei Xiaoli dropped by double digits compared with the previous month.
On August 1, the new power brands NIO, Xiaopeng, ideal, Nezha and Zero announced the latest monthly delivery results. According to the ranking of the "Tramway report", the delivery volume of mainstream new power brands was more than 10,000 in July, of which the best performance was Nashi, with 14036 cars, followed by zero-running cars.
2022-08-02 10:28:37Details
Another independent brand was born. Hanlong's first model is "domestic range Rover"?
The Zhongtai version of the "domestic range Rover" has been published for nearly two years since the real car was exposed, and there has been no news of mass production and listing. Now the car has finally been officially unveiled, but it will not be launched as the infamous Zhongtai Motors. It belongs to the new brand "Hanlong Automobile". Hubei Daye Hanlong Automobile Co., Ltd. was established in January 2016 and is headquartered in Daye City, Hubei Province, according to official data. It is a modern new energy automobile parts manufacturing enterprise integrating new energy vehicle design, development, manufacturing, sales and after-sales service. it is also a professional system of automobile engine products, spare parts supporting system products and automobile maintenance.
2019-08-29 11:29:05Details
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