---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-006472"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T05:36:18.961684+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Faraday Future enters Amendment No. 5 with Senyun for $10M notes and up to $130M facility

## Summary
- Senyun commits $10M convertible notes by Jan 27, 2023; conversion rate at 90% of Jan 17 VWAP.
- Company to file amended S-1 covering 85.5M shares by Jan 29, seek effectiveness by Feb 10.
- Parties to negotiate new junior secured note facility up to $130M to fund FF 91 production start.
- Warrants restructuring to remove potential share increase upon down round financing.
- Company to reserve shares for all Senyun notes/warrants after stockholder approval to increase authorized shares to 1.69B.

## SEC filing metadata
- accession: 0001213900-23-006472
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390023006472/0001213900-23-006472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390023006472/ea172402-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-006472
- JSON: https://secwatch.observer/filing/0001213900-23-006472.json
- Plain text: https://secwatch.observer/filing/0001213900-23-006472.txt

## Key facts
- Material Agreements
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. amended Amendment No. 5 with Senyun International Ltd., an affiliate of Daguan International Limited, and FF Simplicity Ventures LLC valued at $10 million (effective 2023-01-25).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Senyun International Ltd., an affiliate of Daguan International Limited, and FF Simplicity Ventures LLC
  - Value: $10 million
  - Effective: 2023-01-25
  source text: On January 25, 2023, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Limited Consent and Amendment No. 5 (“Amendment No. 5”) 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/1805521/000121390023006472/0001213900-23-006472-index.htm

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