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Faraday Future Shareholders Elect Directors, Expand Stock Plan

Faraday Future Shareholders Elect Directors, Expand Stock Plan

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Faraday Future Intelligent Electric (FFIE) has shared an update.

Faraday Future Intelligent Electric Inc. stockholders have made pivotal decisions at the 2024 Annual Meeting, impacting the company’s future. They have elected five directors to guide the firm until the 2025 annual meeting and ratified the appointment of MGO as the independent accounting firm for the year. Additionally, they approved a significant increase in authorized shares of Common Stock, a possible reverse stock split, and an expansion of the stock incentive plan by 88,252,926 shares, demonstrating their active role in shaping the company’s strategic direction and governance.

For detailed information about FFIE stock, go to TipRanks’ Stock Analysis page.

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