{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-063824","form_type":"8-K","ticker":"FFAI","cik":"0001805521","company_name":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.321091+00:00","generated_at":"2026-06-12T04:39:30.771969+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Faraday Future raises $16.5M via convertible note; issues warrant; amends prior agreements to waive share reserve","bullets":["Issued $16.5M unsecured convertible note to Streeterville Capital; net ~$15M after $1.5M OID and $150K fees.","Note converts at $0.8925/share, 10% interest, matures Aug 4 2029; warrant for 6.1M shares at $0.8925 for 7 years.","Amendments with FF Vitality and Senyun waive share reserve requirements until Sep 30, 2023 or reverse split/authorized share increase.","FF Vitality can invest additional $20M in notes if it first exercises $10M Tranche B investment under existing agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-063824","json":"https://secwatch.observer/filing/0001213900-23-063824.json","markdown":"https://secwatch.observer/filing/0001213900-23-063824.md","text":"https://secwatch.observer/filing/0001213900-23-063824.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023063824/0001213900-23-063824-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023063824/ea182959-8k_faraday.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T04:39:30.771969+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":"4d7fff3971df0017468ff2c0360630ae222c1029","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC. incurred convertible notes of $16,500,000 aggregate principal amount with Streeterville Capital, LLC at 10% per annum maturing August 4, 2029.","evidence_excerpt":"On August 4, 2023, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Streeterville SPA”) with Streeterville Capital, LLC (“Purchaser”), to issue and sell $16,500,000 aggregate principal amount of the Company’s unsecured convertible senior promissory notes (the “Streeterville Note”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023063824/0001213900-23-063824-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$16,500,000 aggregate principal amount"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Rate","value":"10% per annum"},{"label":"Maturity","value":"August 4, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"61f715277f39797d948b53e557bb94f5cfdf23b6","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Securities Purchase Agreement with Streeterville Capital, LLC valued at $16,500,000 aggregate principal amount (effective 2023-08-04).","evidence_excerpt":"On August 4, 2023, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Streeterville SPA”) with Streeterville Capital, LLC (“Purchaser”), to issue and sell $16,500,000 aggregate principal amount of the Company’s unsecured convertible senior promissory notes (the “Streeterville Note”) and a common stock purchase warrant (the “Streeterville Warrant”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023063824/0001213900-23-063824-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Streeterville Capital, LLC"},{"label":"Value","value":"$16,500,000 aggregate principal amount"},{"label":"Effective","value":"2023-08-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}