---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-070139"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T04:18:24.387595+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Faraday Future amends convertible notes; sets floor price of $0.21/share for interest conversion

## Summary
- Limited Consent with FF Simplicity Ventures, Senyun International, and RAAJJ Trading amends Securities Purchase Agreement and notes.
- Interest conversion into common stock now subject to VWAP ≥ $0.21 over 7 trading days and daily volume ≥ $1.5 million.
- Floor price of $0.21 per share set for any interest or interest make-whole payments in stock.
- Amendment applies to notes issued under August 2022 SPA as previously amended.

## SEC filing metadata
- accession: 0001213900-22-070139
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390022070139/0001213900-22-070139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390022070139/ea168233-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-070139
- JSON: https://secwatch.observer/filing/0001213900-22-070139.json
- Plain text: https://secwatch.observer/filing/0001213900-22-070139.txt

## Key facts
- Material Agreements
  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
  source text: 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,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390022070139/0001213900-22-070139-index.htm

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