Faraday Future Intelligent Electric Inc on Monday refuted claims made by the electric vehicle startup's largest shareholder regarding its rights as a stakeholder.
Earlier this month top shareholder FF Top called for a special meeting to remove Brian Krolicki from Faraday Future's board. The EV startup said FF Top breached a shareholder agreement by soliciting investors to vote in favor of removing Krolicki.Faraday Future has called for a special shareholder meeting, but a date hasn't been set yet.
FF Top, which has a stake of about 36 per cent stake in the company, said in a regulatory filing last week that it had asked Faraday Future to provide"certain books and records" for one or more proxy proposals it was contemplating.
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