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 Electric vehicle maker Faraday Future agreed to go public through a merger with SPAC firm Property Solutions Acquisition Corp, in a deal valuing the combined company at $ 3.4 billion. Faraday and Property Solutions said Thursday that the deal, backed by $ 775 million in private equity Faraday Future is expected to generate $ 1 billion. The combined company will be listed on the Nasdaq under the ticker “FFIE”.

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