Faraday Future Announces That It Resolutely Opposes a Reverse Stock Split, Is Committed to Maintaining Nasdaq Listing

  • LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (“FF” or the “Company”) (NASDAQ: FFAI) today announced a five-point action plan aimed at protecting stockholder value and countering misinformation about the company and potential illegal short selling. Following the submission of a Form D yesterday, a wave of market rumors began to circulate — including false claims that the Form D indicates executive stock sales, that a reverse stock split would be triggered immediately if.