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The successful completion of this note issuance has injected new financial vitality into the intelligent electric vehicle manufacturer. As a strategic partner of Faraday Future in the capital market, Univest Securities has demonstrated its professional financial service capabilities through this financing arrangement.Market analysts point out that this financing will help Faraday Future accelerate product research and development as well as market expansion efforts. Against the backdrop of increasingly fierce competition in the new energy vehicle industry, this successful capital operation has undoubtedly provided important support for the company's future development.

According to the terms of the agreement, Gardas will acquire all outstanding shares of Assertio at a cash price of $18 per share, with a total transaction value of $125.1 million. The acquisition also includes Contingent Value Rights (CVR), offering shareholders the potential for additional benefits. This strategic acquisition is expected to integrate the strengths and resources of both companies, creating synergy effects. Upon completion of the transaction, Assertio will become a wholly owned subsidiary of Gardas and will continue to operate in its specialized field. The boards of directors of both parties have unanimously approved the transaction and are currently advancing the related regulatory approval processes as planned.

This clause expressly permits Assertio to proactively engage with and negotiate with other potential transaction partners during this specific period. This arrangement provides Assertio with greater strategic flexibility, allowing it to fully assess market opportunities before finalizing a transaction. The establishment of the window period ensures the advancement of the current deal while still leaving space for the company to seek better cooperation options. Such clauses are common in merger and acquisition transactions, aiming to balance transaction certainty with the maximization of shareholder interests. Through this agreement, Assertio demonstrates a proactive approach to enhancing shareholder value.