Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Reduced quorum requirement for stockholder meetings from a majority to one-third of voting power, effective June 12, 2023, via amendment to Article III, Sections 8 and 9 of the Amended and Restated Bylaws (effective 2023-06-12).
- Change
- bylaw amendment
- Effective
- 2023-06-12
Exact text from the filing
On and effective as of June 12, 2023, the Board approved the amendment and restatement of the Company's Amended and Restated Bylaws (as so amended and restated, the "Bylaws"). Specifically, the Board amended Article III, Sections 8 and 9 to reduce the quorum required for meetings of stockholders from a majority to one-third (1/3) of the voting power of the outstanding shares of stock entitled to vote.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Certificate of Designation for Series A Preferred Stock on June 16, 2023, establishing preferences, rights, and limitations including voting rights on reverse stock split proposals, liquidation preference, transfer restrictions, and redemption terms (effective 2023-06-16).
- Change
- charter amendment
- Effective
- 2023-06-16
Exact text from the filing
On June 16, 2023, in connection with the Purchase Agreement, the Company filed a Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock (the "Series A Certificate of Designation") with the Secretary of State of the State of Delaware.
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