{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-010694","form_type":"8-K","ticker":"FFAI","cik":"0001805521","company_name":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.","filed_at":"2024-02-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.601128+00:00","generated_at":"2026-06-06T07:11:31.422859+00:00","sec_items":["3.03","5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FFIE shareholders approve 9x increase in authorized shares and 1-for-3 reverse stock split","bullets":["Authorized common shares increased from ~154M to ~1.39B; total authorized shares (common + preferred) now ~1.4B.","1-for-3 reverse stock split approved; Board may implement within one year.","Certificate of Elimination filed for Series A Preferred Stock after automatic redemption of all outstanding shares.","Stockholders approved share issuance to Streeterville Capital under existing securities purchase agreement.","Salary-deduction share purchase program for employees approved; all proposals passed with strong support."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-010694","json":"https://secwatch.observer/filing/0001213900-24-010694.json","markdown":"https://secwatch.observer/filing/0001213900-24-010694.md","text":"https://secwatch.observer/filing/0001213900-24-010694.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1805521/000121390024010694/0001213900-24-010694-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1805521/000121390024010694/ea192788-8k_faraday.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T07:11:31.422859+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":"4b21c09c516b005b971a71ea5d4098b104a29d3a","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Eliminated designation of Series A Preferred Stock via Certificate of Elimination (effective 2024-02-05).","evidence_excerpt":"On February 5, 2024, prior to the Company’s filing of the Certificate of Amendment with the office of the Secretary of State of the State of Delaware, the Company filed a Certificate of Elimination (the “Certificate of Elimination”) with the office of the Secretary of State of the State of Delaware with respect to the Company’s Series A Preferred Stock, par value $0.0001 per share (“Series A Preferred Stock”), following the automatic redemption of all outstanding shares of Series A Preferred Stock after the conclusion of the Special Meeting.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390024010694/0001213900-24-010694-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-02-05"}],"fact_type":"governance_change"},{"claim_id":"5793f3f2670a4320c5e27aa5bf2184bfc781b363","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Increased authorized shares of common stock from 154,437,500 to 1,389,937,500 and total authorized shares from 164,437,500 to 1,399,937,500 via Certificate of Amendment (effective 2024-02-05).","evidence_excerpt":"On February 5, 2024, Faraday Future Intelligent Electric Inc. (the “Company”) filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware to effect an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“Common Stock”) from 154,437,500 to 1,389,937,500, increasing the total number of authorized shares of Common Stock and preferred stock from 164,437,500 to 1,399,937,500.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390024010694/0001213900-24-010694-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"charter amendment"},{"label":"Effective","value":"2024-02-05"}],"fact_type":"governance_change"},{"claim_id":"206738c50b30e7e3560f8b752f1373d172127a4d","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Share Purchase Proposal to approve a new program for selected employees to purchase Common Stock via salary deduction at the 2024-02-05 meeting.","evidence_excerpt":"Proposal 4: Share Purchase Proposal The Company’s stockholders approved, as is required by the applicable rules and regulations of Nasdaq, a new program pursuant to which selected employees of the Company may elect, or have elected, to have a portion of their base salary (on an after-tax basis) be used to purchase Common Stock on each payroll date over a three-month period at the then-current volume weighted average trading price of the Class A Common Stock by entering into a Salary Deduction and Share Purchase Agreement with the Company, by the following vote:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390024010694/0001213900-24-010694-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-02-05"}],"fact_type":"shareholder_vote"},{"claim_id":"2bdc29acc9d8fe8bc9bb7b8e569786be050fc469","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Share Issuance Proposal to approve transactions involving unsecured convertible senior promissory notes and a common stock purchase warrant issued to Streeterville Capital, LLC at the 2024-02-05 meeting.","evidence_excerpt":"Proposal 3: Share Issuance Proposal The Company’s stockholders approved, as is required by the applicable rules and regulations of The Nasdaq Stock Market LLC (“Nasdaq”), transactions involving unsecured convertible senior promissory notes and a common stock purchase warrant of the Company issued pursuant to the Securities Purchase Agreement, dated August 4, 2023, by and between, the Company and Streeterville Capital, LLC, including the issuance of any shares in excess of 19.99% of the issued and outstanding shares of the Company’s Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), in respect of such notes and warrants, by the following vote:","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390024010694/0001213900-24-010694-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-02-05"}],"fact_type":"shareholder_vote"},{"claim_id":"5da2682db3b8980566ff7f3433bc161f0feb82dd","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Reverse Stock Split Proposal to effect a 1-for-3 reverse stock split of Common Stock at the 2024-02-05 meeting.","evidence_excerpt":"Proposal 2: Reverse Stock Split Proposal The Company’s stockholders approved an amendment to the Charter to effect a reverse stock split of the Common Stock by a ratio of 1-for-3, with such action to be effected at such time and date, if at all, as determined by the Board of Directors of the Company within one year after the conclusion of the Special Meeting and a corresponding reduction in the total number of shares of Common Stock the Company is authorized to issue.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390024010694/0001213900-24-010694-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"reverse split"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-02-05"}],"fact_type":"shareholder_vote"},{"claim_id":"b10a83daafc1046300c01ff6878ef90b61e806ac","claim":"FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Share Authorization Proposal to increase authorized shares of Common Stock from 154,437,500 to 1,389,937,500 at the 2024-02-05 meeting.","evidence_excerpt":"Proposal 1: Share Authorization Proposal The Company’s stockholders approved an amendment to the Charter, to increase the number of authorized shares of Common Stock from 154,437,500 to 1,389,937,500, increasing the total number of authorized shares of Common Stock and preferred stock from 164,437,500 to 1,399,937,500.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1805521/000121390024010694/0001213900-24-010694-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"charter amendment"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-02-05"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}