Faraday Future Announces $45 Million in New Financing with a U.S. Institutional Investor to Strongly Support the Execution of Its EAI Robotics & EAI EV Business; Plans to Pursue Long-Term Strategic Cooperation with the Investor for Mutual Benefit

The Company has signed a $45 million financing agreement (the “Agreement”) with a U.S. institutional investor, with the full amount received on the same day. For both our stockholders and the Company, this is our lowest-cost from dilution perspective, that

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