EV Maker Faraday Future Goes Public on Nasdaq via Merger with PSAC

(Source: Faraday Future)

Electric vehicle manufacturer Faraday Future has agreed to go public through a merger with the Property Solutions Acquisition Corp (PSAC) — a special purpose acquisition company (SPAC) — with the combined entity valued at $3.4 billion.

After the transaction is completed, the merged company, which will be named Faraday Future Inc.…