Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Limited Consent (Fourth Amendment) with FF Simplicity Ventures LLC valued at Amendment to Securities Purchase Agreement dated August 14, 2022, as previously amended (effective 2022-11-08).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- FF Simplicity Ventures LLC
- Value
- Amendment to Securities Purchase Agreement dated August 14, 2022, as previously amended
- Effective
- 2022-11-08
Exact text from the filing
Item 1.01. Entry into a Material Definitive Agreement. On November 8, 2022, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Limited Consent (the “Fourth Amendment”) with FF Simplicity Ventures LLC, an affiliate of ATW Partners LLC, as administrative and collateral agent (in such capacity, the “Agent”) and purchaser, Senyun International Ltd., as purchaser (“Senyun”), and RAAJJ Trading LLC, as purchaser (together with FF Simplicity Ventures LLC as purchaser, the “Purchasers”), to amend, among other things, that certain Securities Purchase Agreement, dated as of August 14, 2022, by and among the Company, the subsidiaries of the Company party thereto, the Purchasers and the Agent, as amended by that certain Amendment No. 1 to Securities Purchase Agreement and Convertible Senior Secured Promissory Notes, dated as of September 23, 2022, that certain Joinder and Amendment Agreement, dated as of September 25, 2022, and that certain Limited Consent and Third Amendment,
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