Faraday Future Announces Convertible Note Amendments With Unnamed Investor, Cutting Outstanding Balance From About $10.88M To About $5.88M
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Why It Matters
Faraday Future cut its debt in half with help from an investor. When a company shrinks what it owes, it has less pressure and more room to grow.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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