{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-098957","form_type":"8-K","ticker":"FFAI","cik":"0001805521","company_name":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.","filed_at":"2023-12-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.550020+00:00","generated_at":"2026-06-07T06:59:07.250593+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":"CEO buys preferred share with 4.5B votes; company warns of bankruptcy, Nasdaq delisting risk","bullets":["CEO Matthias Aydt purchased one Series A Preferred share for $100 with 4.5B votes, to be cast in proportion to common stock on key proposals.","Company warns it may file for bankruptcy if it cannot complete financings; public float <$75M limits ATM program.","Not compliant with Nasdaq minimum bid price of $1.00 since Nov 9, 2023; faces potential delisting.","Board approved 1-for-3 reverse stock split proposal to regain compliance, subject to stockholder vote.","Company lacks sufficient authorized shares to satisfy convertible note conversions; needs shareholder approval for share increase."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-098957","json":"https://secwatch.observer/filing/0001213900-23-098957.json","markdown":"https://secwatch.observer/filing/0001213900-23-098957.md","text":"https://secwatch.observer/filing/0001213900-23-098957.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023098957/0001213900-23-098957-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023098957/ea190548-8k_faraday.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:59:07.250593+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":"6a99c1c55461fe7bd93e00adae5cbb4c7cb5b43c","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filing of Series A Certificate of Designation establishing preferences, rights, and limitations of Series A Preferred Stock (effective 2023-12-21).","evidence_excerpt":"On December 21, 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/1805521/000121390023098957/0001213900-23-098957-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2023-12-21"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}