Faraday Future to enact 1-for-150 reverse stock split on July 24, 2026 - FFAI News | RalliesFaraday Future to enact 1-for-150 reverse stock split on July 24, 2026
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FFAI• Reverse stock split effective July 24
- Faraday Future will execute a 1-for-150 reverse stock split effective at the open on July 24, 2026.
- Class A shares will continue trading on Nasdaq under the symbol FFAI.
- Post-split Class A shares outstanding are expected to fall to about 2,563,519 from about 384,527,828.
- The company expects to adjust warrants, preferred stock conversions, and stock options to reflect the split.
- The move is intended to regain compliance with Nasdaq’s minimum bid price requirement.