{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-049711","form_type":"8-K","ticker":"FFAI","cik":"0001805521","company_name":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.","filed_at":"2023-06-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.688011+00:00","generated_at":"2026-06-13T23:04:22.749258+00:00","sec_items":["1.01","5.03","3.02","3.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Faraday Future issues super-voting preferred share to CEO to secure reverse stock split; delays FF 91 deliveries","bullets":["Issued one share of Series A Preferred with 60B votes to CEO Xuefeng Chen for $100; votes mirror common stock on reverse split.","Bylaws amended to reduce stockholder meeting quorum from majority to one-third of voting power.","FF 91 Phase 2 deliveries delayed from end of Q2 2023 to August 2023 due to supplier constraints and enhanced safety testing.","Launched FF 91 2.0 Owner Developer Co-Creation Project; first three users paid $225k-$475k each as consultants."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-049711","json":"https://secwatch.observer/filing/0001213900-23-049711.json","markdown":"https://secwatch.observer/filing/0001213900-23-049711.md","text":"https://secwatch.observer/filing/0001213900-23-049711.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023049711/0001213900-23-049711-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023049711/ea180273-8k_faraday.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T23:04:22.749258+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"aa15db742d2e539de7fc20351e2f4b54e5ac5b29","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023049711/0001213900-23-049711-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-06-12"}],"fact_type":"governance_change"},{"claim_id":"ca9bd92aa802b6c3a1ee315346fd0d806482267d","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023049711/0001213900-23-049711-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-06-16"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}