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Stock impact report

Faraday Future Announces Acceptance of 10% Share Donation of Global IP Commercialization Company Grow Fandor from YT Jia

Faraday Future Intelligent Electric Inc. - Class A (FFIE) 
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced its acceptance and expressed appreciation for Grow Fandor’s 10% share, which was originally held by YT Jia, Founder and Chief Product User Ecosystem Officer of FF.Jia established Grow Fandor Inc., a global IP commercialization company, together with a group of global partners. Jia transferred nearly 60% of his personal shares, which is 10 percent of Grow Fandor’s total shares, to FF as a gift.“We are truly grateful for YT’s donation and Grow Fandor’s support,” said Matthias Aydt, Global CEO of Faraday Future. “FF is honored to receive these shares, as both companies actively explore potential collaborations to leverage their respective strengths.”ABOUT FARADAY FUTUREFaraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intell Show less Read more
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