Faraday Future announced on Friday that will report the financial results of the first quarter of 2022 on May 23, after the closing bell. The results will be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day. The electric vehicle maker posts now the third quarterly report after the compliance with Nasdaq rules.
The company recently reported its Q4 2021 results and its annual report (10-K) meeting Nasdaq deadline. Results were delayed as a result of the previously disclosed Special Committee review, the EV maker said. On May 4, Faraday Future received an extension from the Nasdaq until May 16, 2022 to file the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 and regain compliance with Nasdaq Listing Rule 5250.
The Q1 2022 Conference call can also be listened at https://investors.ff.com/ accessed live over the phone by dialing +1-877-451-6152 (domestic) or +1-201-389-0879 (international). A telephonic replay will be available approximately two hours after the call by dialing +1-844-512-2921, or for international callers, +1-412-317-6671. The pin number for the replay is 13730216. The replay will be available until 11:59 p.m. EST on June 6, 2022.
Last week, the EV maker announced its first retail store in Beverly Hills (California) selecting ASTOUND Group to implement design direction, and execute the physical experience. The retail space will be located at 464 N. Beverly Drive in Beverly Hills ahead of the FF 91 launch in Q3 2022, as previously announced.
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The space will be equipped with a retail area, sales lounge, cafe, VR experience, co-creation lab, and VIP lounge, making the in-store sales experience complementary to the driving experience of the FF 91.
Recently, Faraday Future announced its financial results for Q3 2021. On March 15, the California-based company confirmed that the Nasdaq had granted Faraday Future an extension until May 6, 2022, to file the quarterly report.
With the third quarter of 2021 results now reported, Faraday Future avoids the risk of being delisted by Nasdaq. The Company plans to host a conference call open to investors after it files its Q1 2022 results in mid-May.
In April, Faraday Future announced that its FF91 Model will use Brembo as a supplier to the brake technology, as the main supplier of full brake caliper assembly. Brembo will provide a specialized caliper assembly for the FF 91. This includes assembly, pistons, calipers, and pads, along with the electronic parking brake — the company said.
The company also unveiled recently that will partner with Meta System to become the supplier of on-board power management module products. FF 91 EV and the upcoming FF 81 vehicles will be equipped with Meta System’s onboard battery charger. The system will feature 15.2 kW AC charging capability.