Faraday Future plans to spin off crypto assets into separate company
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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
September 12, 2025 4:30 PM EDTFFAI plans to spin off its crypto flywheel assets into an existing listed company, targeted to be initially controlled by FFAI. The Board has approved the overall strategy of a spin-off and the Company is in active discussions with an investment bank, strategic investors, and law firms regarding this project. More details are expected to be provided at the Companys 919 Futurist Day & Stockholders Community Day to be held Sept. 19.Subject to auditor consent and necessary stockholder approvals, FFs goal is to consolidate the new company's financial statements into FFAIs financial statements.The spin-off of... More
