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FFIE soared over 40% in premarket trading

Tiger Newspress2021-07-22

(July 22) Faraday Future Intelligent Electric Inc. soared over 40% in premarket trading.

Property Solutions Acquisition Corp , an SPAC, has announced that its shareholders approved its acquisition of mobility technology developer Faraday Future among ten proposals.

In addition, with the deadline for redemptions passed and 99.91% of funds remaining in the SPAC's trust account, Faraday Future will receive gross proceeds of around $1B at the time of the business combination.

The transaction is set to close on or around July 21, 2021, following which the SPAC will be renamed Faraday Future Intelligent Electric. Its common stock and warrants will begin trading under the tickers 'FFIE' and 'FFIE.WS' respectively on the Nasdaq Global Exchange on or about July 22, 2021.

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Comment13

  • Dreamchaser9
    ·2021-07-22
    Ok
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    • HuatChua
      Ok like me
      2021-07-22
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  • AmySh
    ·2021-07-22
    Keeping eyes closely
    Reply
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  • Cate
    ·2021-07-22
    Cool
    Reply
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  • ewangteoh
    ·2021-07-22
    Like it 
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  • SYDGYY
    ·2021-07-22
    m好吧,y
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  • BBBBBBBBBB
    ·2021-07-22
    Ok
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    • LW100
      Comment
      2021-07-22
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  • NatYong
    ·2021-07-22
    Good news. Acquisition of mobility technology developer Faraday Future among ten proposals.
    Reply
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  • 85粒小萍果
    ·2021-07-22
    Reply
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    • JaneKuah
      PSAC -> FFIE
      2021-07-22
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  • Nocturne78
    ·2021-07-22
    Like
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    • wenjin
      Nice
      2021-07-22
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  • Fungicide
    ·2021-07-22
    Ok
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  • BullishKing
    ·2021-07-22
    Wow. Like Like Like...
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  • Archiparia
    ·2021-07-22
    Go go. Huhjpo. Good dok 
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  • WMIING
    ·2021-07-22
    Like n comment tt
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    • BCZK
      Interesting read
      2021-07-22
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    • CWen
      good
      2021-07-22
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