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27 Sep
17:52

Faraday resolves dispute with major shareholder, continues fundraising

EV start-up Faraday Future Intelligent Electric (FFIE) and its major shareholder FF Top Holding agreed to a governance restructuring plan, ending a long-standing dispute, Kallanish reports. The companies confirmed on 26 September they have reached an agreement which includes FF Top dropping its lawsuit against FFIE and the resignation of FFIE’s executive and board chairpersons Sue Swenson and Brian Krolicki. The deal will also see FFIE’s board increase…
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