Faraday Future Successfully Completes Nasdaq One-Year Compliance Monitoring Period as it Fully Met All Compliance Requirements During the Period, Returns to a Fully Normal Listed-Company Status
Rhea-AI Summary
Faraday Future (NASDAQ: FFAI) has successfully completed Nasdaq's one-year compliance monitoring period, returning to normal listed-company status. The company has made notable progress in multiple areas, including launching its second brand Faraday X (FX) and implementing its "Dual-Flywheel & Dual-Bridge" Eco Strategy.
In a show of confidence, Global Co-CEO YT Jia has completed three stock purchases totaling $560,000 under Rule 10b5-1 trading plans, representing his after-tax signing bonus. The purchases were made in three tranches: $180,000 on September 8, $180,000 on September 2, and $200,000 on August 25, 2025.
The company reports improvements in financial management systems, enhanced cost control, and better cash flow management, while maintaining its commitment to "no further reverse stock splits" and prudent equity issuances.
Positive
- Successfully completed Nasdaq compliance monitoring period, returning to normal listed status
- Launched second brand Faraday X (FX) and implemented new eco strategy
- Completed multiple financing transactions to support FX Super One production
- Improved financial management systems and enhanced cost control efficiency
- Strong insider confidence demonstrated through CEO's $560,000 stock purchase
Negative
- Required one-year Nasdaq compliance monitoring indicates previous listing issues
- Significant portion of CEO stock purchase comes from signing bonus rather than personal funds
Insights
Faraday Future regains normal Nasdaq listing status while CEO demonstrates confidence through personal stock purchases, though concrete operational progress remains limited.
Faraday Future (FFAI) has successfully completed its one-year Nasdaq compliance monitoring period, marking a significant regulatory milestone for the electric vehicle company that has faced listing challenges in the past. This development removes a key overhang for the stock and reduces the immediate risk of delisting.
The company's commitment to avoiding further reverse stock splits is particularly notable given its history of capital structure issues. While maintaining Nasdaq compliance provides stability for institutional investors who often have restrictions against investing in non-compliant stocks, the announcement lacks specific details about the company's current financial position or production targets.
CEO YT Jia's personal purchase of
The press release mentions "multiple financing transactions" but offers no specifics about amounts raised, terms, or current cash position. Similarly, while the company touts its "Dual-Flywheel & Dual-Bridge" strategy and FX brand launch, there's minimal concrete information about production timelines, reservation numbers, or revenue projections.
This announcement reflects improved regulatory standing but investors should seek more substantive operational and financial metrics in future communications to properly evaluate FFAI's progress toward sustainable production and profitability.
- Upholding its principles of “no further reverse stock splits” and prudent equity issuances, the Company is committed to protection of stockholder interests.
- Over the past year, FF has made significant progress in system development and financial management, as well as advancing its core strategies and businesses, achieving substantial improvements in both business fundamentals and capital fundamentals.
- YT Jia executes additional stock purchase under 10b5-1 plans, which is the third stock execution by YT in the past month, and underscores the personal pledge of YT of his alignment with the “Stockholder First” principle.
LOS ANGELES, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, announced that it has met all compliance requirements during the monitoring period and passed Nasdaq’s one-year compliance monitoring review.
Over the past year, FF has achieved substantial progress across multiple facets of the Company:
- Strategy & Business: Successfully launched its second brand, Faraday X (FX), and the global automotive industry bridge strategy. In August, FF unveiled its “Dual-Flywheel & Dual-Bridge” Eco Strategy.
- Organization: The founding team returned, with YT Jia promoted to Co-CEO and introducing a “Ten Punch Combo.” Both business and capital fundamentals have achieved qualitative breakthroughs.
- Capital: Successfully completed multiple financing transactions, expected to support the initial production and delivery of the FX Super One, while accelerating the development and delivery of other FF and FX products as well as AI-related technologies.
- Finance: The Company’s financial reports from the past year reflect improvement in financial management systems. By strengthening cost control and cash flow management, FF has significantly enhanced financial operating efficiency.
YT Jia Completes Stock Purchase Totaling
FF Founder and Global Co-CEO YT Jia has made his third purchase of the Company’s common stock, totaling approx.
YT purchased approximately an additional
YT has now purchased a total of approximately
“Today I executed my third purchase of FFAI common stock, under 10b5-1 share purchase plan, the amount was about
ABOUT FARADAY FUTURE
Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF 91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit https://www.ff.com/us/
CONTACTS
Investors (English): ir@faradayfuture.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ee29b46-d6e8-48e9-859f-3e3ac0ea822c