Faraday Future Plans to Spin-Off its Crypto Flywheel Assets into an Existing Listed Company for Independent Fundraising and Operations, Building a Dual-Listed Company Structure
1. FFAI to spin off crypto flywheel assets, enhancing market focus. 2. Investment discussions include banks and strategic investors for the spin-off. 3. C10 Treasury's asset allocations reached $10 million, showing positive performance. 4. The spin-off aims to maximize stockholder value through independent operations. 5. Details to be shared on Sept. 19 at the Futurist Day event.