---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-083563"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2022-12-29T23:59:59+00:00"
generated_at: "2026-06-20T22:00:37.991847+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Faraday Future enters $30M funding deal with Senyun, appoints two new directors including CEO Chen

## Summary
- Senyun to pay $4M immediately; additional $30M in convertible notes in three tranches through March 2023 subject to conditions.
- Directors Edwin Goh and former CEO Carsten Breitfeld resigned Dec 26; Global CEO Xuefeng Chen and Ke Sun appointed Dec 27.
- Ke Sun (FF Top designee) appointed to Audit and Compensation committees; previously CFO of Yudo New Energy Auto.
- FF expects FF 91 Futurist production start by end of March 2023, deliveries before end of April, subject to funding and shareholder approval.
- Company completed manufacturing milestone #6: construction and equipment installation in vehicle assembly areas.

## SEC filing metadata
- accession: 0001213900-22-083563
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2022-12-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390022083563/0001213900-22-083563-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390022083563/ea170984-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-083563
- JSON: https://secwatch.observer/filing/0001213900-22-083563.json
- Plain text: https://secwatch.observer/filing/0001213900-22-083563.txt

## Key facts
- Executive change
  Ke Sun was appointed as director at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: appointed
  - Role: director
  source text: also appointed Ke Sun to serve as a director, effective on December 27, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390022083563/0001213900-22-083563-index.htm
- Executive change
  Xuefeng Chen was appointed as director at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: appointed
  - Role: director
  source text: the Board appointed Xuefeng Chen, the Company’s Global CEO, to serve as a director, effective on December 27, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390022083563/0001213900-22-083563-index.htm
- Executive change
  Carsten Breitfeld resigned as director at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: resigned
  - Role: director
  source text: On December 26, 2022, Dr. Breitfeld tendered his resignation as a director, which the Board accepted immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390022083563/0001213900-22-083563-index.htm
- Executive change
  Edwin Goh resigned as director at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: resigned
  - Role: director
  source text: On December 25, 2022, Edwin Goh notified the Company of his resignation from the Company’s Board of Directors (the “Board”), effective as of December 26, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390022083563/0001213900-22-083563-index.htm
- Material Agreements
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. amended Letter Agreement with Senyun International Ltd., an affiliate of Daguan International Limited, and FF Simplicity Ventures LLC valued at $30,000,000 (effective 2022-12-28).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Senyun International Ltd., an affiliate of Daguan International Limited, and FF Simplicity Ventures LLC
  - Value: $30,000,000
  - Effective: 2022-12-28
  source text: On December 28, 2022, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a letter agreement (the “Letter Agreement”) with Senyun International Ltd., an affiliate of Daguan International Limited (“Senyun”) and FF Simplicity Ventures LLC (“FF Simplicity”), a Delaware limited liability company, as administrative agent and collateral agent, which amends that certain Securities Purchase Agreement, dated as of August 14, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390022083563/0001213900-22-083563-index.htm

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