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Jia Yueting's electric vehicle company, FF, received a notice of delisting in the United States

Jia Yueting's electric vehicle company, FF, received a notice of delisting in the United States

Fast Technology reported on December 29 that Jia Yueting's return to China next week is still far away!

According to the Financial Associated Press, on December 28, local time, Faraday Future (FF) received a notice from Nasdaq about delisting or not meeting the rules or standards for continued listing. 

Jia Yueting's electric vehicle company, FF, received a notice of delisting in the United States

It is worth mentioning that at the end of November two years ago, Faraday Future received a warning letter from the U.S. Securities and Exchange Commission, saying that FF was listed as a non-compliant listed company because it did not submit its third-quarter financial report within the specified deadline.

After receiving the warning letter, the company issued a clarification stating that the Nasdaq warning letter was only related to FF's delay in submitting its Q3 earnings report, which was a normal procedure.

Jia Yueting's electric vehicle company, FF, received a notice of delisting in the United States

Unlike in 2021, the company received a serious delisting notice, and the severity of the situation it faced was much higher than it was two years ago.

As early as 7 years ago in 2014, Jia Yueting started his dream of building a car and established FF, and its first model, FF 91, was unveiled at CES in 2017, but it was not until mid-April this year that FF completed the production of its first production car, the FF 91 Futurist, and rolled off the assembly line.

So far, Faraday Future has delivered 10 FF 91 2.0s, including some celebrities, of course, Jia Yueting himself, but also many FF employees.

Jia Yueting's electric vehicle company, FF, received a notice of delisting in the United States

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