Faraday Future issues single Series A Preferred share with 5B votes for share authorization proposal

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Issued one share of Series A Preferred Stock to Matthias Aydt for $100, carrying 5 billion votes exclusively on the Share Authorization Proposal to increase authorized common stock.
The preferred share votes in proportion to common stock votes (excluding abstentions), effectively neutralizing non-votes on the proposal.
Certificate of Designation filed Aug 6, 2025; share is non-convertible, non-dividend, and redeemable at $100 upon approval of both shareholder proposals.
Modifies voting rights: previously abstentions counted as votes against; now the preferred share mirrors only votes actually cast on common stock.

item 1.01 item 5.03 item 3.02 item 3.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Series A Certificate of Designation designating one share of Series A Preferred Stock with specific preferences, rights, and limitations (effective 2025-08-06).

Change: charter amendment
Effective: 2025-08-06

Exact text from the filing

On August 6, 2025, 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.

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13 governance changes filed in the last 30 days. Browse all governance changes →

FARADAY FUTURE INTELLIGENT ELECTRIC INC. filing history →

Source: SEC EDGAR

accession 0001213900-25-073692

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