Faraday Future Receives $30 Million of Previously Committed Financing
Faraday Future Intelligent Electric Inc. - Class A (FFIE)
Company Research
Source: Business Wire
Proceeds Will Help Advance FF and FX Dual-Brand Strategic Goals. LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced today that it has received the full net proceeds from the $30 million previously committed financing announced in September 2024. The initial closing occurred on September 12, 2024, and the second closing occurred on September 30, 2024. The proceeds, from investors in the Middle East, the United States, and Asia, were received in incremental tranches, with the final investment amounts received this week. For the FF brand, the net proceeds can support FF 91 deliveries and the gradual restoration of the supply chain; for the FX brand, the net proceeds can provide financial support to help progress the FX project.This latest capital infusion is supporting Faraday Future’s dual brand operational requireme
Show less
Read more
Impact Snapshot
Event Time:
FFIE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FFIE alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FFIE alerts
High impacting Faraday Future Intelligent Electric Inc. - Class A news events
Weekly update
A roundup of the hottest topics
FFIE
News
- First FX Prototype Mules Set to Be Shipped to FF’s U.S. Headquarters, Kicking Off the Product Development and Testing PhaseBusiness Wire
- Faraday Future and Grow Fandor Forge Exclusive Strategic Licensing Collaboration, a Potential New Growth Driver [Yahoo! Finance]Yahoo! Finance
- Faraday Future and Grow Fandor Forge Exclusive Strategic Licensing Collaboration, a Potential New Growth DriverBusiness Wire
- FF Successfully Signs Definitive Agreements with Top OEMs, Kicking Off the Product Research Phase for Delivery of Two Models Targeted to Roll Off by End of 2025 [Yahoo! Finance]Yahoo! Finance
- FF Successfully Signs Definitive Agreements with Top OEMs, Kicking Off the Product Research Phase for Delivery of Two Models Targeted to Roll Off by End of 2025Business Wire
FFIE
Sec Filings
- 11/19/24 - Form 8-K
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- FFIE's page on the SEC website