Faraday Future Intelligent Electric Inc.EAI robot cumulative sales and shipments reached 552 units with positive gross margin, progressing toward the 2,000-unit target.

Faraday Future Intelligent Electric Inc. said it believes it has regained compliance with the Nasdaq Capital Market's Equity Standard as of July 31, 2026, and has maintained compliance through the date of its latest Current Financial Report. The company's Total Stockholders' Equity had fallen to $1.412 million as of June 30, 2026, below the $2.5 million minimum required by Nasdaq Listing Rule 5550(b)(1). During July and August 2026, FF reduced notes payable by approximately $10.0 million based on a preliminary fair valuation of the instrument as of June 30, 2026, lowered its derivative call option liability by approximately $5.8 million, and cut accounts payable and accrued liabilities by approximately $15.3 million, primarily through a $13.5 million reduction in employee-related liabilities and a $2.5 million cleanup of legacy vendor accounts payable. The company said its EAI robot cumulative sales and shipments reached 552 units by August end since deliveries began in February, with positive product gross margin, as it works toward its full-year target of 2,000 units. Nasdaq will continue to monitor the company's ongoing compliance, and final third-quarter 2026 financial results remain subject to auditor review and will be disclosed in the company's Form 10-Q for Q3 2026.
Faraday Future Intelligent Electric Inc.EAI robot cumulative sales and shipments reached 552 units with positive gross margin, progressing toward the 2,000-unit target.
Nasdaq Inc