Faraday Future Intelligent Electric Inc. (FFAI) Stock: Drops as Company Cancels 21 Million Warrants

TLDR FFAI drops as Faraday Future cancels 21 million warrants tied to financing plans Faraday Future cuts dilution risk by cancelling more than 21 million warrants FFAI stock slips despite a major reduction in March financing dilution risks Faraday Future removes 57.48% of potential dilution from its March financing Warrant cancellations reduce FFAI dilution pressure [...]

The post Faraday Future Intelligent Electric Inc. (FFAI) Stock: Drops as Company Cancels 21 Million Warrants appeared first on Blockonomi.