regulatory
confidence high
sentiment negative
materiality 0.85
FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI): Nasdaq/NYSE listing notice — Faraday Future receives Nasdaq delisting notice for bid price below $1.00
FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- Nasdaq notified Faraday Future on Mar 20, 2026 of non-compliance with minimum bid price rule (closing bid < $1.00 for 30 consecutive trading days through Mar 19, 2026).
- Company has 180 calendar days, until Sept 16, 2026, to regain compliance by closing at or above $1.00 for 10 consecutive trading days.
- If bid price falls to $0.10 or less for 10 consecutive days, Nasdaq will issue immediate delisting determination.
- If not compliant by Sept 16, may be eligible for a second 180-day period if it meets other listing standards and notifies Nasdaq of intent to cure (e.g., reverse stock split).
- Failure to regain compliance or obtain second period will lead to delisting; Company may appeal to a Nasdaq Listing Qualifications Panel.