---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-022236"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2023-03-23T23:59:59+00:00"
generated_at: "2026-06-17T19:03:35.394462+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Faraday Future amends SPA: accelerates $5M Tranche B purchase, adds OID on Tranche C notes

## Summary
- FF Simplicity will buy $5M in Tranche B notes by March 27 (accelerated from April 21) with 6% OID.
- Senyun commits: $10M Tranche C notes (4% OID) within 1 business day of S-1 effective + shareholder approval, then $15M within 5 business days.
- FF Prosperity to purchase remaining 50% of its Tranche C commitment (4% OID) within 1 business day of S-1 effective + shareholder approval.
- Company to reimburse Senyun and FF Simplicity up to $20,000 each for legal expenses.

## SEC filing metadata
- accession: 0001213900-23-022236
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2023-03-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390023022236/0001213900-23-022236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390023022236/ea175629-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-022236
- JSON: https://secwatch.observer/filing/0001213900-23-022236.json
- Plain text: https://secwatch.observer/filing/0001213900-23-022236.txt

## Key facts
- Material Agreements
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. amended Amendment No. 7 to Securities Purchase Agreement with FF Simplicity Ventures LLC, Senyun International Ltd., FF Prosperity Ventures LLC (effective 2023-03-23).
  - Action: amendment
  - Agreement: equity purchase
  - Counterparty: FF Simplicity Ventures LLC, Senyun International Ltd., FF Prosperity Ventures LLC
  - Effective: 2023-03-23
  source text: On March 23, 2023, Faraday Future Intelligent Electric Inc. (the “Company”) entered into that certain Amendment No. 7 to Securities Purchase Agreement (“Amendment No. 7”) with FF Simplicity Ventures LLC (“FF Simplicity”), a Delaware limited liability company, as administrative agent, collateral agent and purchaser, Senyun International Ltd. (“Senyun”), as purchaser, and FF Prosperity Ventures LLC (“FF Prosperity”), a Delaware limited liability company, as purchaser
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023022236/0001213900-23-022236-index.htm

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