California EV startup Faraday Future, which has just relaunched delivery of its luxury $309,000 electric car, is at risk of being delisted from NASDAQ due to plummeting share price.
Faraday, based in Los Angeles, was given a warning from NASDAQ for not lifting its minimum price of $1 per share for 30 consecutive trading days from November 9 to December 27, 2023, Reuters reports. Faraday now has 180 days, or until June 24, to boost its share price to reach…
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