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FF Secures $25 Million in New Funding
6 hour ago /
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Author：小编
On May 16, 2026, Faraday Future (FF) announced the signing of a $25 million share purchase agreement with institutional investors, completing the financing through the issuance of convertible promissory notes to advance its EAI (Embodied Artificial Intelligence) strategy. This funding adopts a dual-track allocation approach: $12.5 million will be directly used for company operations, while the remaining $12.5 million will be placed in a custodial account and released upon meeting agreed conditions, ensuring tight alignment of funds with strategic objectives.
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