Brief: Faraday Future Prices $30 Mln In Financing Commitments;Conversion Price For Convertible Notes, Exercise Price For Warrants, Are $5.24 And $6.29 Per Share
Sept 5 (Reuters) - Faraday Future Intelligent Electric
Inc FFIE.O :
* FARADAY FUTURE ANNOUNCES $30 MILLION IN FINANCING
COMMITMENTS
FROM THE MIDDLE EAST, THE UNITED STATES, AND ASIA
* FARADAY FUTURE - CONVERSION PRICE FOR CONVERTIBLE NOTES
AND
EXERCISE PRICE FOR WARRANTS, ARE $5.24 AND $6.29 PER SHARE
* FARADAY FUTURE - NEW FINANCING COMMITMENT INCLUDES A
PREVIOUSLY
FUNDED $7.50 MILLION AND $22.50 MILLION OF NEW INVESTMENT IN
FORM OF CONVERTIBLE NOTES
Source text for Eikon: ID:nBw57MgGsa
Further company coverage: FFIE.O
((Reuters.Briefs@thomsonreuters.com;))
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