Jun. 24 at 3:02 PM
$FFAI Now that the 150-to-1 reverse stock split has been approved at the shareholders' meeting, shareholders would like to see management actively support and defend shareholder value.
During the earnings call, management spoke about protecting shareholder interests, addressing short-selling concerns, and maintaining compliance without relying on a reverse split. Investors are now looking for meaningful progress toward those goals.
Many shareholders remain concerned about the impact that repeated share issuances and reverse splits may have on confidence, long-term value creation, and shareholder returns. What specific actions will management take to rebuild trust and demonstrate its commitment to shareholders going forward?