Gearhead News

January 28, 2021
Faraday Future to go public via reverse-merger deal that could raise $1B

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Faraday Future FF91 prototypeFaraday Future may finally receive the funds needed to get its FF91 battery-electric SUV into production thanks to the current wave of electric-vehicle startups going public via reverse mergers. A reverse merger is where a private company is able to go public by being taken over by a company that’s already publicly listed, typically a special…

Original Source: High Gear Media Network Feed