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Faraday Future Announces That It Resolutely Opposes a Reverse Stock Split, Is Committed to Maintaining Nasdaq Listing

1. FFAI announced a five-point plan to protect shareholder value and counter misinformation. 2. Misinformation about executive sales and a potential reverse stock split is circulating.

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FAQ

Why Bullish?

The proactive steps to address misinformation can stabilize or boost investor confidence, similar to historical cases where companies mitigated rumors effectively.

How important is it?

The proactive measures to address rumors and potential short selling are critical for FFAI's stock stability.

Why Short Term?

Immediate action plans often have quick effects, stabilizing stock prices during rumor periods as seen in past cases.

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TSLANIOXPEV
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (“FF” or the “Company”) (NASDAQ: FFAI) today announced a five-point action plan aimed at protecting stockholder value and countering misinformation about the company and potential illegal short selling. Following the submission of a Form D yesterday, a wave of market rumors began to circulate — including false claims that the Form D indicates executive stock sales, that a reverse stock split would be triggered immediately if.

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