Faraday Future effects 1-for-150 reverse stock split effective July 24
FFAI•Faraday Future to implement reverse stock split
Faraday Future will implement a 1-for-150 reverse stock split at the open on July 24, 2026; shares will continue trading on Nasdaq as FFAI.
Class A common shares outstanding are expected to fall to about 2,563,519 from about 384,527,828, with fractional shares rounded up.
The move targets compliance with Nasdaq’s minimum bid price requirement.
The post-split CUSIP for the Class A common stock will be 307359869.
