---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-015682"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T18:36:26.646144+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Faraday Future stockholders approve share increase and Yorkville issuance, enabling $135M funding for FF 91 production

## Summary
- Stockholders approved increase in authorized Class A common shares from 815M to 1.69B.
- Stockholders approved issuance of shares in excess of 19.99% to Yorkville under equity line of credit.
- Approvals condition to completing $135M financing commitments to support start of production (SOP) on March 30, 2023.
- FF targets SOP on March 30, first vehicles in early April, customer deliveries before end of April.

## SEC filing metadata
- accession: 0001213900-23-015682
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390023015682/0001213900-23-015682-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390023015682/ea174465-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-015682
- JSON: https://secwatch.observer/filing/0001213900-23-015682.json
- Plain text: https://secwatch.observer/filing/0001213900-23-015682.txt

## Key facts
- Shareholder Votes
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Approval of advances of common stock issued to Yorkville under Standby Equity Purchase Agreement at the 2023-02-28 meeting.
  - Outcome: passed
  - Meeting: 2023-02-28
  source text: Proposal 1 Proposal to approve, as is required by the applicable rules and regulations of the Nasdaq Stock Market, advances of common stock of the Company issued or to be issued to YA II PN, Ltd., an affiliate of Yorkville Advisors Global, LP (“Yorkville”), pursuant to the Standby Equity Purchase Agreement, dated November 11, 2022, between the Company and Yorkville, including the issuance of any shares in excess of 19.99% of the issued and outstanding shares of the Company’s common stock. For Against Abstain Broker Non-Votes 293,204,525 72,234,026 391,983 114,779,417
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023015682/0001213900-23-015682-index.htm
- Shareholder Votes
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Adoption of amendment to Certificate of Incorporation to increase authorized shares of Class A common stock at the 2023-02-28 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2023-02-28
  source text: Proposal 2 Proposal to approve the adoption of an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to increase the number of authorized shares of Class A common stock from 815,000,000 to 1,690,000,000, increasing the total number of authorized shares of common stock and preferred stock from 900,000,000 to 1,775,000,000. For Against Abstain Broker Non-Votes 404,348,316 76,035,480 226,155 N/A
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023015682/0001213900-23-015682-index.htm

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