Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: FF Signs a Stock Purchase Agreement for the Sale of $10 Million of Its Class A Common Stock to a Designated Third Party Identified by AIxC

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today shared a weekly business update from YT Jia, Founder and Global Co-CEO of FF. “First, I want to share an important capital markets update. FF has signed a stock purchase agreement with a designated third party identified by AIxC. AIxC will fund FF $10 million, before offering expen