---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-008231"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2023-02-06T23:59:59+00:00"
generated_at: "2026-06-20T00:15:55.520010+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Faraday Future secures $135M in convertible notes funding; expects FF 91 Futurist SOP in March 2023

## Summary
- $135M in convertible secured notes (Tranche C) committed; $80M to fund within 10 business days including $10M advanced.
- Company expects proceeds to provide sufficient funding for FF 91 Futurist start of production in March 2023.
- Special stockholders meeting set for Feb 28, 2023 to approve share increase and Yorkville equity line.
- Existing warrants exchanged: down-round protection removed; new warrants at $0.2275/share and $41M in new convertible notes issued.

## SEC filing metadata
- accession: 0001213900-23-008231
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2023-02-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390023008231/0001213900-23-008231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390023008231/ea172761-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-008231
- JSON: https://secwatch.observer/filing/0001213900-23-008231.json
- Plain text: https://secwatch.observer/filing/0001213900-23-008231.txt

## Key facts
- Material Agreements
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. amended Amendment No. 6 to Securities Purchase Agreement with Senyun International Ltd., FF Top Holding LLC, FF Simplicity Ventures LLC, and certain other purchasers valued at up to $135 million (effective 2023-02-03).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: Senyun International Ltd., FF Top Holding LLC, FF Simplicity Ventures LLC, and certain other purchasers
  - Value: up to $135 million
  - Effective: 2023-02-03
  source text: On February 3, 2023, Faraday Future Intelligent Electric Inc., a Delaware corporation (the “Company”), entered into that certain Amendment No. 6 to Securities Purchase Agreement (“Amendment No. 6”) with its subsidiaries party thereto, Senyun International Ltd. (“Senyun”), FF Top Holding LLC, a Delaware limited liability company (“FF Top”), FF Simplicity Ventures LLC, a Delaware limited liability company (“FF Simplicity”), as administrative agent and collateral agent, and certain other purchasers
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023008231/0001213900-23-008231-index.htm

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