28
Jan
15:18
Faraday Future to list in NY through SPAC merger
Electric vehicle producer Faraday Future (FF) is readying to list on Nasdaq through a merger with a special purpose acquisition company (SPAC) in a transaction set to accelerate its FF 91 model delivery.
The company said on Thursday it will merge with Property Solutions Acquisition, in a deal set to provide FF with $1 billion of gross proceeds. Upon completion, currently estimated for Q2 2020, the new company should go public with an equity value of $3.4 billion,…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous