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Property Solutions Acquisition (OTCMKTS:PSACU) Trading Up 0 5%

Property Solutions Acquisition Corp. (OTCMKTS:PSACU – Get Free Report)’s share price was up 0.5% during mid-day trading on Tuesday . The company traded as high as $17.42 and last traded at $17.08. Approximately 1,800 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 25,250 shares. The stock had […]

Faraday Future in danger of losing L A headquarters for failing to pay rent

Faraday Future in danger of losing L A headquarters for failing to pay rent
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Faraday Future is danger of losing LA headquarters for failing to pay rent

Struggling EV startup Faraday Future owes the landlord of its Los Angeles headquarters nearly $1 million after missing the last two months' rent, TechCrunch has learned. The landlord, Rexford Industrial, filed a previously unreported lawsuit against Faraday Future this week in Los Angeles Superior Court that accuses the startup of missing its January and February lease payments, as well as associated maintenance fees and taxes. Faraday Future is also being sued by the landlord of an office it has leased in San Jose since 2022.

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