06-10-2020 07:37 via feedproxy.google.com

Faraday Future plans to go public through a SPAC deal

Faraday Future, the electric vehicle startup with a messy and complicated past, is planning to go public through a special purchase acquisition company (SPAC) deal.
The company’s chief executive Carsten Breitfeld told Reuters that the company is working on a reverse merger with a SPAC and “will be able to announce something hopefully quite soon.”
Breitfeld, formerly the co-founder of Chinese EV startup Byton, declined to give more information about who Faradayis talking to or w
Read more »