Faraday Future went public via a SPAC merger with Property Solutions Acquisition in a $3.4bn deal.

Faraday Future, a global shared intelligent mobility ecosystem company, went public via a SPAC merger with Property Solutions Acquisition in a $3.4bn deal. The combined company is now listed on the Nasdaq Stock Market under the ticker symbol “FFIE”. “Today is a new chapter in FF’s history, and we are thrilled to be a public company with industry leading technology, unrivaled new products, and a world class experienced team to drive the success of FF for years to come. We want to thank the stockholders of PSAC and PIPE investors for their support, reaching this milestone is a testament to the trust and confidence that such stockholders and investors have placed in our leadership, technology and business model,” Carsten Breitfeld, Faraday Future Global CEO.