Jia Yueting started the battle to defend the listing qualification, Faraday Future's stock price soared nearly 370%

Drive the house

2024-05-15 17:03Published in Henan

Fast Technology reported on May 15 that as of the close of the U.S. stock market on May 14, Faraday Future (FF) stock price soared 367.54% to close at $0.285 per share; At one point, it rose nearly 490% during the session, setting the highest increase since FF went public.

FF said that this marks that the founder Jia Yueting's ongoing "FF listing qualification defense battle" has won a good start, especially the stock price soared by nearly 370%, giving the capital market and the company's internal huge confidence.

It is reported that on April 30, Faraday Future announced that it had received a letter from the NASDAQ exchange and would be delisted from the NASDAQ because it did not comply with the NASDAQ listing rules.

Since then, in order to maintain FF's listing qualifications, Jia Yueting has carried out a series of operations.

Jia Yueting released a video last week saying that he will consider co-CEO Matthias with FF global CEO Matthias, and will start the commercialization of personal IP to make money to make cars.

Together with the company's management team, he will take all feasible steps to maintain the company's compliance listing status and start the battle to defend FF's listed company qualification.

But embarrassingly, in the afternoon of the same day, FF issued an announcement on its official US website, saying that the relevant video was released by Jia Yueting in his personal capacity, and the remarks in the video were not approved by the company, and the company's board of directors is not currently considering appointing Jia Yueting as co-CEO.

However, Jia Yueting has not given up the rescue attempt, and it remains to be seen whether Faraday Future can finally retain its listing qualifications.

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