Brief: Faraday Future Plans To Spin-Off Its Crypto Flywheel Assets Into An Existing Listed Company For Independent Fundraising And Operations, Building A Dual-Listed Company Structure
Sept 12 (Reuters) - Faraday Future Intelligent Electric Inc FFAI.O: FARADAY FUTURE PLANS TO SPIN-OFF ITS CRYPTO FLYWHEEL ASSETS INTO AN EXISTING LISTED COMPANY FOR INDEPENDENT FUNDRAISING AND OPERATIONS, BUILDING A DUAL-LISTED COMPANY STRUCTURE FARADAY FUTURE INTELLIGENT ELECTRIC- TO ESTABLISH TWO INDEPENDENT LISTED SYSTEMS, FFAI & NEW COMPANY FOCUSING ON CRYPTO FLYWHEEL Source text: ID:nGNX3M6Kh3 Further company coverage: FFAI.O ((Reuters.Briefs@thomsonreuters.com;))
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