---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-056255"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2023-07-11T23:59:59+00:00"
generated_at: "2026-06-13T10:11:35.868451+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Faraday Future restates financials for FY2022 and Q1-Q3 2022; appoints Jonathan Maroko as interim CFO

## Summary
- Non-reliance on prior financials for FY2022, Q1 2023, and Q3 2022 due to fair value error on convertible notes.
- Yun Han resigns as interim CFO, remains CAO; Jonathan Maroko appointed interim CFO effective July 24, 2023.
- Maroko receives $400k base salary, $200k signing bonus, $250k annual bonus potential, and equity grants.
- Restatement not expected to affect FF 91 2.0 Futurist Alliance delivery timeline.
- Audit committee determined errors stemmed from a non-cash, non-operating item related to note conversion.

## SEC filing metadata
- accession: 0001213900-23-056255
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2023-07-11T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390023056255/0001213900-23-056255-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390023056255/ea181642-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-056255
- JSON: https://secwatch.observer/filing/0001213900-23-056255.json
- Plain text: https://secwatch.observer/filing/0001213900-23-056255.txt

## Key facts
- Auditor Changes
  FARADAY FUTURE INTELLIGENT ELECTRIC INC. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Mazars USA LLP
  source text: that the Company’s previously issued financial statements included in the Company’s Annual Report on Form 10-K for the period ended December 31, 2022 and Quarterly Reports on Form 10-Q for the periods ended March 31, 2023 and September 30, 2022 (the “Affected Periods”) should no longer be relied upon due to errors identified in the affected periods primarily due to an error stemming from a non-cash and non-operating item related to the change in the fair value upon conversion of the notes issued under the Company’s Securities Purchase Agreements.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023056255/0001213900-23-056255-index.htm
- Executive change
  Yun Han resigned as Interim Chief Financial Officer at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: resigned
  - Role: Interim Chief Financial Officer
  source text: On July 5, 2023, Yun Han notified the Company of her decision to resign from her positions as Interim Chief Financial Officer, principal financial officer and principal accounting officer effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023056255/0001213900-23-056255-index.htm
- Executive change
  Jonathan Maroko was appointed as Interim Chief Financial Officer at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: On July 11, 2023 the Board appointed Jonathan Maroko as Interim Chief Financial Officer, principal financial officer and principal accounting officer effective July 24, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805521/000121390023056255/0001213900-23-056255-index.htm

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