EV startup Faraday Future's sinking share price prompts Nasdaq notice

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Faraday Future (FFIE) receives compliance notice from Nasdaq

December 29, 2023 10:37 AM EST

Faraday Future (NASDAQ: FFIE) received a notice from the Nasdaq exchange on Thursday after failing to meet the listing rules mandating a minimum closing share price of $1.

According to a filing by the electric-vehicle startup, its shares closed at 26 cents on... More