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Faraday Future Intelligent Electric FFAI

Faraday Future sells robotics business

Item 2.01 Completes acquisition or sale, Item 7.01 Investor disclosure

Form
8-K
Filed
Importance
Major
  1. Sold robotics business to FFR for $200M
  2. FFR issued 1,315,313 shares of common stock
  3. FFR issued 65,475 shares of non-voting preferred stock
  4. FFR Preferred Stock convertible into 1,000 shares of common stock

Written from the 8-K on EDGAR. Check the filing before you rely on it.

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