Misc. Automakers
Faraday Future wants to go public through SPAC merger
Electric vehicle startup Faraday Future aims to close a deal soon to go public through a reverse merger with a special-purchase acquisition company (SPAC), its chief executive said on Monday. "We are working on such a deal ... and will be able to announce something hopefully quite soon," Carsten Breitfeld said of the possibility of a SPAC deal. Breitfeld declined to say who Faraday is negotiating with or when a deal would close.
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