![Faraday Future Completes the Sale-Leaseback of its Hanford, California Manufacturing Facility](https://cdn.newsserve.net/ONPglobe256.png)
Faraday Future Completes the Sale-Leaseback of its Hanford, California Manufacturing Facility
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has exercised its option to purchase its Hanford, California manufacturing facility and simultaneously completed a sale leaseback. This transaction is expected to generate up to $12 million of non-dilutive capital that can be used toward the completion of plant improv
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