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Despite EV delivery delays, Faraday Future raises $90M to stay afloat

EV SPAC Faraday Future secures $90 million in funds from existing investors to get its FF 91 electric SUV off production lines. ....

Senyun International , Department Of Justice , Exchange Commission , Faraday Future ,

Despite EV delivery delays, Faraday Future raises $90M to stay afloat

Faraday Future has managed to raise $90 million from existing investors to help it get its much-delayed FF 91 luxury electric SUV to production and delivery. Faraday's investors will also accelerate an existing commitment of $15 million, the EV company said Tuesday. Faraday is one of a litany of EV SPACs EV startups that went public via a merger with a special purpose acquisition company that has struggled to stay afloat. ....

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Faraday Future (FFIE) Announces $135 Million in Convertible Secured Notes Financing Commitments

Faraday Future (FFIE) Announces $135 Million in Convertible Secured Notes Financing Commitments
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