**[FF Announces $41 Million Strategic Investment in Nasdaq-Listed Company QLGN]** On September 20, 2025, Beijing time, Faraday Future Intelligent Electric Inc. ("FF") and Qualigen Therapeutics, Inc. (Nasdaq: QLGN, "QLGN") jointly announced that the two parties have signed a securities purchase agreement. FF will invest in QLGN's common stock and preferred stock through a private investment in public equity (PIPE) and will fully collaborate on cryptocurrency and Web3 business initiatives. The total amount of this PIPE investment is approximately $41 million, led by Faraday Future and its founder and Co-CEO Jia Yueting. Other investors include SIGN Foundation—a blockchain technology company supported by Binance Labs, Sequoia Capital (U.S., India, China), IDG, and Circle. FF Global President Jerry Wang also participated in this round of investment. (People's Financial News)