Faraday received a notice from the Nasdaq Stock Exchange in the future and was told that it did not meet some of the requirements for continued listing.

CTOnews.com January 10 news, Faraday future announcement said that on January 4, received a notice from the NASDAQ exchange that the company does not meet some of the requirements for continued listing; it intends to hold an annual meeting as soon as possible.

Faraday also participated in the recent CES Consumer Electronics Show, and the latest mass production delivery date for the company's repeatedly bounced FF 91 is to start mass production at the end of March 2023 and start delivery by the end of April. But there is a prerequisite for smooth delivery, that is to receive $150 million to $170 million in additional financing and shareholder approval in a timely manner.

CTOnews.com learned that FF 91 was first announced in 2017 and has not been mass-produced and delivered to users for many years. Faraday also recently reached the sixth milestone in production, that is, the completion of the construction and equipment installation of the vehicle assembly area.