Investing
Faraday Future plans reverse stock split
© Reuters. FILE PHOTO: Faraday Future’s luxury electric car FF91 is seen at the company’s headquarters in Gardena, California, U.S. November 21, 2019. REUTERS/Lucy Nicholson
(Reuters) – Electric-vehicle startup Faraday Future Intelligent Electric said on Friday it was planning a reverse stock split for a broader range of financing opportunities.
The reverse stock split proposal includes a range between 1-for-2 and 1-for-90 shares of outstanding common stock. The final ratio will be determined by the Board following stockholder approval.
The company also pushed back the phase 2 delivery of its FF 91 2.0 Futurist Alliance vehicle from the end of the second quarter to August 2023.
Read the full article here
A Macy’s Employee Made Accounting Errors Worth $132 Million
Elon Musk Taught Himself to Code. Now It’s Your Turn.
5 Ways to Hire and Retain Top Talent in 2025
3 Simple Tips for Increasing Your Annual Recurring Revenue
Palantir assigned Street-high targets by Wedbush and BofA By Investing.com
How to Create a Unique Value Proposition (With Tips & Examples)
Are You Missing These Hidden Warning Signs When Hiring?
7 Common Things You Should Never Buy New
The DOJ Reportedly Wants Google to Sell Its Chrome Browser
This All-Access Pass to Learning Is Now $20 for Black Friday
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles6 days agoHow to Create a Unique Value Proposition (With Tips & Examples)
-
Investing5 days agoAre You Missing These Hidden Warning Signs When Hiring?
-
Make Money5 days ago7 Common Things You Should Never Buy New
-
Side Hustles6 days agoThe DOJ Reportedly Wants Google to Sell Its Chrome Browser
-
Investing2 days agoThis All-Access Pass to Learning Is Now $20 for Black Friday
-
Passive Income2 days agoHow to Create a Routine That Balances Rest and Business Success
-
Side Hustles3 days agoApple Prepares a New AI-Powered Siri to Compete With ChatGPT
-
Investing5 days agoGoogle faces call from DuckDuckGo for new EU probes into tech rule compliance By Reuters