{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-099308","form_type":"8-K/A","ticker":"FFAI","cik":"0001805521","company_name":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.","filed_at":"2023-12-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.546472+00:00","generated_at":"2026-06-07T06:27:12.162718+00:00","sec_items":["1.01","5.03","3.02","3.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Faraday Future issues super-voting preferred to CEO, flags likely bankruptcy if financings fail","bullets":["Issued one share of Series A Preferred to CEO Matthias Aydt for $100; carries 4.5B votes on share authorization and reverse stock split proposals.","Risk factors state company needs additional financings to continue operations; if they fail, will likely file for bankruptcy – equity holders likely receive nothing.","Company not in compliance with Nasdaq minimum bid price ($1.00) since Nov 9, 2023; expects delisting notice; reverse stock split proposed.","ATM program capacity limited by 'baby shelf rules' as public float <$75M; further capital raise constrained.","Cumulative reverse split ratio at 240:1 (since Aug 2023); any further split may exceed Nasdaq's 250:1 limit."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-099308","json":"https://secwatch.observer/filing/0001213900-23-099308.json","markdown":"https://secwatch.observer/filing/0001213900-23-099308.md","text":"https://secwatch.observer/filing/0001213900-23-099308.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023099308/0001213900-23-099308-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805521/000121390023099308/ea190865-8ka1_faraday.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T06:27:12.162718+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":"05a577f5db6a1f104be793367d378f763fbcd38e","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Certificate of Designation for Series A Preferred Stock establishing preferences, rights, and limitations (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/1805521/000121390023099308/0001213900-23-099308-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"}