---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-071631"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:59:13.273190+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Faraday Future enters $200M standby equity facility with Yorkville, expandable to $350M

## Summary
- Standby Equity Purchase Agreement with Yorkville affiliate for up to $200M, can be increased to $350M.
- Shares sold at 97% of 3-day VWAP; limited to one-third of trading volume; commitment fee of 789,016 shares.
- SEC declared Form S-1/A effective Nov 10, 2022; company expects to file new S-1 for ELOC.
- Proceeds to fund FF 91 production; EPA range 381 miles, 1050 hp, 0-60 under 2.4 seconds.

## SEC filing metadata
- accession: 0001213900-22-071631
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390022071631/0001213900-22-071631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390022071631/ea168525-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-071631
- JSON: https://secwatch.observer/filing/0001213900-22-071631.json
- Plain text: https://secwatch.observer/filing/0001213900-22-071631.txt

## Key facts
- Material Agreements
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Standby Equity Purchase Agreement with YA II PN, Ltd., an affiliate of Yorkville Advisors Global, LP valued at $200,000,000 (effective 2022-11-11).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: YA II PN, Ltd., an affiliate of Yorkville Advisors Global, LP
  - Value: $200,000,000
  - Effective: 2022-11-11
  source text: On November 11, 2022, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Standby Equity Purchase Agreement (the “SEPA”) with YA II PN, Ltd., an affiliate of Yorkville Advisors Global, LP (“Yorkville”). Pursuant to the SEPA, the Company shall have the right (subject to certain conditions), but not the obligation, to sell to Yorkville up to $200,000,000 of its shares of Class A Common Stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390022071631/0001213900-22-071631-index.htm

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