---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-058634"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2022-09-26T23:59:59+00:00"
generated_at: "2026-06-23T07:30:45.822873+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Faraday Future secures up to $85M in financing commitments, restructures board

## Summary
- Heads of Agreement with FF Top settles litigation; board increased to ten, Adam He appointed.
- Susan Swenson to resign all non-director roles upon $13.5M funding; $7.5M funded Sept 23.
- Senyun International commits up to $60M in convertible notes at $1.05/share, conditional on FF91 delivery.
- Existing warrants for ATW Investors lowered to $0.50 strike; forced exercise up to $20M.
- FF Top and Season Smart voting agreements support share issuances above 19.99% and authorized share increase to 1.5B.

## SEC filing metadata
- accession: 0001213900-22-058634
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2022-09-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390022058634/0001213900-22-058634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390022058634/ea166277-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-058634
- JSON: https://secwatch.observer/filing/0001213900-22-058634.json
- Plain text: https://secwatch.observer/filing/0001213900-22-058634.txt

## Key facts
- Executive change
  Adam (Xin) He was appointed as Director at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: appointed
  - Role: Director
  source text: on September 23, 2022, the Company increased the size of the Board from nine to ten members and appointed Mr. Adam (Xin) He as a director of the Company to fill the vacancy resulting from such increase in the size of the Board until the 2022 AGM.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390022058634/0001213900-22-058634-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.