Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: FF Signs a Stock Purchase Agreement for the Sale of $10 Million of Its Class A Common Stock to a Designated Third Party Identified by AIxC
Businesswire·2026-02-02 03:29
Core Viewpoint - Faraday Future Intelligent Electric Inc. has announced a significant capital markets update, indicating a strategic move to secure funding through a stock purchase agreement with a designated third party [1] Group 1: Capital Markets Update - The company has signed a stock purchase agreement with a designated third party identified by AIxC [1] - AIxC will provide funding of $10 million to Faraday Future [1]