Faraday Future announces $90M ‘at-the-market’ equity offering program

Faraday Future Intelligent Electric announced that it has entered into an At-the-Market equity offering sales agreement under which the company may, from time to time, offer and sell shares of its Class A common stock having an aggregate value of up to $90M, through the sales agents. Stifel and B. Riley Securities are serving as lead sales agents, and A.G.P./Alliance Global Partners, Wedbush Securities and Maxim Group are serving as additional sales agents.