What's Going On With Faraday Future Shares Tuesday?
What's Going On With Faraday Future Shares Tuesday?
Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares are slumping in the premarket session on Tuesday.
週二盤前，Faraday Future Intelligent Electric Inc. (納斯達克:FFIE)股價下跌。
Yesterday, the California-based firm announced a reverse stock split of the company's common stock.
昨天，這家位於加利福尼亞的公司宣佈對公司普通股進行股票拆分。
The reverse stock split proposal includes a proposed range between 1-for-2 and 1-for-40 shares of outstanding common stock and a corresponding reduction in the total number of shares of common stock the company is authorized to issue.
股票拆分提案包括1:2至1:40股票，對已發行普通股的數量進行相應的減少。
The company's share price fell below Nasdaq's minimum bid price requirement for listed companies for 30 consecutive trading days last December, resulting in a deficiency notice from Nasdaq. Subsequently, the company did not timely file its 2023 Annual Report on Form 10-K, and its stock price dropped below $0.10 for ten consecutive trading days.
去年12月，公司的股價連續30個交易日低於納斯達克上市公司的最低買盤價格要求，導致納斯達克發出了違規通知。隨後，該公司未能及時提交2023年10-K年度報告，其股價連續十個交易日低於0.10美元。
This resulted in another deficiency notice and Nasdaq's determination to delist FF's securities.
這導致另一個違規通知和納斯達克決定撤銷FF的證券。
Faraday Future also announced the appointment of Macias Gini & O'Connell LLP (MGO) as its independent auditor.
Faraday Future還宣佈任命Macias Gini & O'Connell LLP (MGO)爲其獨立核數師。
MGO succeeds Mazars USA LLP, which was the company's independent registered public accounting firm until May 31, 2024.
MGO接任了Mazars USA LLP，後者是公司的獨立註冊公共會計師公司，直到2024年5月31日。
"The company has taken actions to regain compliance, including filing its 2023 Annual Report on Form 10-K at the end of May, engaging a new independent auditor, filing a preliminary proxy statement with a proposal to effect a reverse stock split, and committing to file its first quarter Form 10-Q no later than the end of July," Faraday Future said in a press release.
“公司已採取行動以恢復合規性，包括在五月底提交2023年10-K年度報告，聘請新的獨立核數師，提交一份初步的授權聲明，以拆分股票，並承諾在七月底之前提交其第一季度10-Q表格，”Faraday Future在一份新聞稿中表示。
In addition, the company intends to file its second quarter Form 10-Q timely.
此外，公司有意及時提交其第二季度10-Q表格。
The proposed reverse stock split is intended to increase the market price of the common stock to mitigate the risk of being delisted.
提議的股票拆分旨在增加普通股市場價格以減輕被撤銷上市的風險。
Price Action: FFIE shares are trading lower by 20.5% to $0.2591 premarket at last check Tuesday.
股票價格變動：截至週二最後一次查詢，FFIE股票價下跌20.5%，至0.2591美元。
Photo via Shutterstock
圖片來自shutterstock。
譯文內容由第三人軟體翻譯。