Faraday Future Announces Acceptance of 10% Share Donation of Global IP Commercialization Company Grow Fandor from YT Jia
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) has announced its acceptance of a 10% share donation from Grow Fandor, a global IP commercialization company. The shares were originally held by YT Jia, Founder and Chief Product User Ecosystem Officer of FF, who transferred nearly 60% of his personal shares in Grow Fandor to FF as a gift.
Matthias Aydt, Global CEO of Faraday Future, expressed gratitude for the donation and stated that both companies are exploring potential collaborations to leverage their respective strengths. This donation represents 10 percent of Grow Fandor's total shares.
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ha annunciato l'accettazione di una donazione del 10% delle azioni da parte di Grow Fandor, una società globale di commercializzazione dei diritti di proprietà intellettuale. Le azioni erano originariamente detenute da YT Jia, Fondatore e Chief Product User Ecosystem Officer di FF, che ha trasferito quasi il 60% delle sue azioni personali in Grow Fandor a FF come regalo.
Matthias Aydt, CEO globale di Faraday Future, ha espresso gratitudine per la donazione e ha dichiarato che entrambe le aziende stanno esplorando potenziali collaborazioni per sfruttare i rispettivi punti di forza. Questa donazione rappresenta il 10% delle azioni totali di Grow Fandor.
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ha anunciado la aceptación de una donación del 10% de acciones por parte de Grow Fandor, una compañía global de comercialización de propiedad intelectual. Las acciones estaban originalmente en manos de YT Jia, Fundador y Chief Product User Ecosystem Officer de FF, quien transfirió casi el 60% de sus acciones personales en Grow Fandor a FF como regalo.
Matthias Aydt, CEO global de Faraday Future, expresó su agradecimiento por la donación y mencionó que ambas compañías están explorando posibles colaboraciones para aprovechar sus respectivas fortalezas. Esta donación representa el 10 por ciento del total de acciones de Grow Fandor.
파라데이 퓨처 인텔리전트 일렉트릭 주식회사 (Nasdaq: FFIE)가 Grow Fandor로부터 10%의 주식 기부를 수락했다고 발표했습니다. 이 주식은 FF의 창립자이자 최고 제품 사용자 생태계 책임자인 YT 자가 원래 보유하고 있었으며, 그는 개인 소유의 Grow Fandor 주식의 거의 60%를 FF에 선물로 이전했습니다.
마티아스 아이드, 파라데이 퓨처의 글로벌 CEO는 기부에 대한 감사의 뜻을 표하며, 두 회사가 각자의 강점을 활용하기 위한 잠재적인 협업을 탐구하고 있다고 밝혔습니다. 이 기부는 Grow Fandor의 총 주식의 10%를 차지합니다.
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) a annoncé avoir accepté une dons de 10 % des actions de Grow Fandor, une entreprise mondiale de commercialisation de droits de propriété intellectuelle. Les actions étaient à l'origine détenues par YT Jia, Fondateur et Chief Product User Ecosystem Officer de FF, qui a transféré près de 60 % de ses actions personnelles dans Grow Fandor à FF en cadeau.
Matthias Aydt, PDG mondial de Faraday Future, a exprimé sa gratitude pour le don et a déclaré que les deux entreprises explorent d'éventuelles collaborations pour tirer parti de leurs forces respectives. Ce don représente 10 % du total des actions de Grow Fandor.
Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) hat die Annahme einer 10%igen Aktienabgabe von Grow Fandor, einem globalen Unternehmen zur Vermarktung von geistigem Eigentum, bekannt gegeben. Die Aktien gehörten ursprünglich YT Jia, dem Gründer und Chief Product User Ecosystem Officer von FF, der fast 60% seiner persönlichen Anteile von Grow Fandor als Geschenk an FF übertragen hat.
Matthias Aydt, Global CEO von Faraday Future, äußerte Dankbarkeit für die Spende und erklärte, dass beide Unternehmen potenzielle Kooperationen erkunden, um ihre jeweiligen Stärken zu nutzen. Diese Spende stellt 10 Prozent der Gesamtaktien von Grow Fandor dar.
- Acquisition of 10% ownership in Grow Fandor, a global IP commercialization company
- Potential for future collaborations between FF and Grow Fandor
- None.
Jia established Grow Fandor Inc., a global IP commercialization company, together with a group of global partners. Jia transferred nearly
“We are truly grateful for YT’s donation and Grow Fandor’s support,” said Matthias Aydt, Global CEO of Faraday Future. “FF is honored to receive these shares, as both companies actively explore potential collaborations to leverage their respective strengths.”
ABOUT FARADAY FUTURE
Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV Company, but also a software-driven intelligent internet Company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem. FF remains dedicated to advancing electric vehicle technology to meet the evolving needs and preferences of users worldwide, driven by a pursuit of intelligent and AI-driven mobility.
ABOUT GROW FANDOR
Grow Fandor is a global pioneering IP commercialization company that leverages a global business IP matrix of top entrepreneurs and celebrities to transform content and commerce across industries. Founded by YT Jia and partners, this venture merges robust technological platforms with high-quality international supply chains to innovate in video and live-stream e-commerce, brand derivative commercialization, and knowledge empowerment. With a strategic emphasis on bridging market gaps between
FORWARD-LOOKING STATEMENTS
This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the Company’s ownership interest in, and potential collations with, Grow Fandor. involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.
Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s interest in Grow Fandor lacks antidilution protection and the Company has no ability to prohibit or otherwise restrict material dilution of its investment interest in Grow Fandor; and the Company may be unable to agree to terms with Grow Fandor on potential collaborations. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on May 28, 2024, as amended on May 30, 2024, and June 24, 2024, as updated by the “Risk Factors” section of the Company’s first quarter 2024 Form 10-Q filed with the SEC on July 30, 2024, and other documents filed by the Company from time to time with the SEC.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241008681699/en/
Investors (English): ir@faradayfuture.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com
Source: Faraday Future Intelligent Electric Inc.
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