FF - Asia Tech Wire

2025.03.10

09:49

Faraday Future: Approval of proposals including increase in authorized shares will support FX strategy and delivery of FF 91 2.0

Faraday Future (FFIE.O) announced that the company successfully held a special shareholders meeting on March 7, 2025, and all proposals were approved. Among them, the proposal to increase authorized shares was approved, which will help the company issue common shares when necessary for the conversion of convertible notes and the exercise of issued warrants to fulfill existing obligations, or to support the company's future financing or acquisition transactions, employee incentive plan implementation and other reasonable corporate purposes. In line with the principle of prudent management of equity, the number of authorized shares of common stock increased by 24%.

2025.03.07

14:35

Manus in the eye of the storm: Employees said they had been working overtime all night for the past two days, and a leading domestic technology company took the initiative to contact them

Following DeepSeek, another AI product has become popular, and that is Manus. Market sources said that Manus is a product developed by a startup company called BUTTERFLY EFFECT, whose founder Xiao Hong is a serial entrepreneur. How popular is Manus? On the morning of March 7, the reporter visited the Wuhan headquarters office of Butterfly Effect and saw a note saying "Closed for development, please do not disturb" posted at the door of the company. Employees said that everyone had been working overtime all night for the past two days. Despite this, there are still waves of people visiting Butterfly Effect. During the visit, the reporter met an employee from a leading domestic technology company. He said that the company's top management has issued an "order" to contact Butterfly Effect.

12:10

Faraday Future Announces New Stock Symbol "FFAI"

Faraday Future announces new stock ticker symbol “FFAI”.

12:10

Faraday Future announces new stock ticker symbol “FFAI”.

2025.03.05

14:44

Faraday Future Middle East Operations Center is scheduled to be fully operational in early May

On March 5, Faraday Future announced that FF's global CEO Matthias personally visited the UAE last week to accelerate the implementation of the Middle East strategy. "The Middle East Operations Center is about to be delivered, and the installation of core equipment has entered the final sprint. The goal is to be fully operational in early May."

2025.03.01

01:57

Market News: The IMF and the Ukrainian authorities reached a staff-level agreement on the seventh Extended Fund Facility (EFF) assessment.

2025.02.28

14:55

Jia Yueting announced: FF will officially change its stock code to FFAI

Jia Yueting said that Faraday Future (FF) will officially change its stock code to FFAI on March 10 to promote the "full AI strategy" layout. Through the collaborative data collection of three models, the training and optimization of AI large models will be accelerated. At the same time, the Global AI Innovation Competition will be launched today to solicit in-vehicle AI solutions from top technical teams.

14:16

FF China's first two FX 6 prototypes are expected to arrive in Los Angeles in mid-March

On February 28, Faraday Future (NASDAQ: FFIE) announced that the first two FX 6 camouflage prototypes of FF China will depart from Shanghai and be shipped to FF's Los Angeles headquarters in the United States, and are expected to arrive at the Port of Long Beach in Los Angeles in mid-March. The FX brand will target the mass market and currently plans to launch three models: the AI-MPV model FX Super One, FX 5 (target price range of 20,000 to 30,000 US dollars), and FX 6 (target price range of 30,000 to 50,000 US dollars).

2025.02.19

05:36

Faraday Future (FFIE.O): Plans to change its Nasdaq stock symbol to "FFAI" on March 10.

05:33

Faraday Future (FFIE.O) announced plans to expand its artificial intelligence-focused hiring as the company ramps up its AI research and development efforts by 2025.

2025.02.11

07:14

Jia Yueting: The first batch of FX 6 prototypes will be shipped from FF China to the U.S. headquarters this month and will officially enter the development and testing phase in the U.S. We plan to announce more progress on the FX 6 series and the next steps in the implementation of the FX strategy in March.

2025.02.05

10:53

Faraday Future announced on February 5 that it has appointed Tommy Zhao as senior director of sales and after-sales of FF Par.

10:50

Faraday Future appoints Zhao Chun as Senior Director of Sales and After-Sales for FF Par

Faraday Future announced on February 5 that it has appointed Tommy Zhao as senior director of sales and after-sales of FF Par.

2025.01.31

20:40

FF will hold a special shareholders meeting to urge shareholders to vote to approve an increase in the number of authorized shares

On January 31, Faraday Future announced that it would hold a special shareholders' meeting on March 7, 2025, and the company urged all shareholders to vote in favor of all proposals. Among them, the share authorization proposal is to approve the amendment of the company's articles of association to increase the number of authorized shares of common stock by 25,000,000 shares, from 104,245,313 shares to 129,245,313 shares, an increase of 24%. The increase in the number of authorized shares is mainly used to fulfill the company's commitment to certain convertible note investors. Matthias Aydt, FF's global CEO, said that the additional number of authorized shares will ensure that we can continue to advance the FF 91 delivery plan while accelerating the advancement of the FX mass market brand. "

2025.01.29

17:16

Faraday Future's US stock price rose more than 30% before the market opened, and the second round of financing of US$30 million was received

Faraday Future's US stock price rose more than 30% before the market opened. On January 29, Faraday Future announced that the second round of financing of US$30 million announced in December 2024 has been fully received and will be used to support the delivery of FF 91 2.0, etc.

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