FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Property Solutions Acquisition Corp (PSAC) completed its initial public offering in 2020, targeting opportunities in the technology and clean energy sectors. In July 2021, the blank-check company announced a definitive business combination agreement with Faraday Future Intelligent Electric Inc., a Los Angeles-based electric vehicle manufacturer. The transaction subsequently closed, with Faraday Future commencing public trading on Nasdaq under the ticker FFIE, bringing the EV developer into the public markets through the SPAC route. The deal is now recorded as closed following completion of the business combination. For comprehensive SPAC deal data, SEC filings, and timeline analytics on PSAC and hundreds of similar transactions, sign up at SpacDesk.

SPAC Counterparty (1)