Faraday Future plans reverse stock split and delays EV deliveries
June 16 (Reuters) - Electric-vehicle startup Faraday Future Intelligent Electric (FFIE.O) said on Friday it was planning a reverse stock split, as it looks to regain compliance with Nasdaq's minimum bid price requirements. Nasdaq requires shares trade above $1 and sends a notice when a company trades below that mark…
bubmagJune 17, 2023