Faraday Future Plans to Spin-Off its Crypto Flywheel Assets into an Existing Listed Company for Independent Fundraising and Operations, Building a Dual-Listed Company Structure

LOS ANGELES, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it is actively preparing to spin off its crypto flywheel assets (the “Spin-Off”) into a separate existing listed company. The Company expects to provide additional details, as available, at the upcoming 919 event.

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