Faraday Future amends equity deal to $12M, eliminates anti-dilution, issues milestone warrant

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Secured $2M loan at 10% annual interest, due one year from disbursement, convertible into subscription amount.
Amended equity agreement: total investment increased to $12M ($500k common at $0.26/share, $11.5M Series C convertible preferred).
Replaced anti-dilution true-up provision with warrant for 1M shares at $1.50, exercisable after 500th FX Super One delivery.
Proceeds support EAI robotics deliveries and FX Super One strategy; target of 1,000 deliveries and positive margin in 2026.
Issued 1,923,077 common shares to AIxC-designated investor; convertible preferred stock convertible at $0.26 with alternate conversion floor of $0.13.

item 1.01 item 3.02 item 3.03 item 5.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FARADAY FUTURE INTELLIGENT ELECTRIC INC. amended Amended and Restated Securities Purchase Agreement with the Investor (effective 2026-04-14).

Action: amendment
Agreement: equity purchase
Counterparty: the Investor
Effective: 2026-04-14

Exact text from the filing

On April 14, 2026 (the “Signing Date”), the Company and the Investor entered into an Amended and Restated Securities Purchase Agreement (the “A&R Purchase Agreement”, and collectively with Purchase Agreement, the “SPA”).

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Loan Agreement with an accredited investor valued at $2,000,000 (effective 2026-04-10).

Action: entry
Agreement: credit facility
Counterparty: an accredited investor
Value: $2,000,000
Effective: 2026-04-10

Exact text from the filing

On April 10, 2026, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a loan agreement (the “Loan Agreement”) an accredited investor (the “Investor”), pursuant to which, the Company borrowed, and the Investor lent the Company an aggregate of $2,000,000 with the interest accruing at a rate of 10% per annum (the “Loan Amount”).

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FARADAY FUTURE INTELLIGENT ELECTRIC INC. filing history →

Source: SEC EDGAR

accession 0001213900-26-044633

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