Brief: Faraday Future And Grow Fandor Forge Exclusive Strategic Licensing Collaboration, A Potential New Growth Driver
13/11/2024 23:07
Nov 13 (Reuters) - Faraday Future Intelligent Electric
Inc FFIE.O :
* FARADAY FUTURE AND GROW FANDOR FORGE EXCLUSIVE STRATEGIC
LICENSING COLLABORATION, A POTENTIAL NEW GROWTH DRIVER
* FARADAY FUTURE: WILL NOT BE REQUIRED TO CONTRIBUTE ANY
RESOURCES
FOR DEVELOPMENT OF BRANDED PRODUCTS
* FARADAY FUTURE: WILL FINANCIALLY BENEFIT FROM AN ANNUAL
LICENSE
FEE AND ADDITIONAL LICENSING ROYALTIES
Source text: ID:nBw9mHqvqa
Further company coverage: FFIE.O
((Reuters.Briefs@thomsonreuters.com;))
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