“The company has received the full $30 million in previously committed financing, before giving effect to offering expenses. It supports FF 91 deliveries and the gradual restoration of the supply chain; it also provides financial support to help progress the FX project.

We continue to actively address outstanding payables to vendors, using pathway to reduce liabilities without using cash. We are confirming the date of our Q3 earnings call and will announce it in a few days.”

- Matthias Aydt, Global CEO, Faraday Future