Faraday Future issues Series A Preferred with 10B votes to secure approval of share authorization and reverse split

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Issued one share of Series A Preferred to Matthias Aydt for $100, carrying 10,000,000,000 votes.
Preferred vote mirrors common stock vote (excluding abstentions/broker non-votes) on share authorization and reverse split proposals.
Non-convertible, no dividends, redeemed automatically after stockholder approval of both proposals.
Modifies voting: abstentions no longer affect the preferred's votes, shifting power to voting common holders.

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 Certificate of Designation designating Series A Preferred Stock with preferences, rights, and limitations (effective 2025-04-15).

Change: charter amendment
Effective: 2025-04-15

Exact text from the filing

On April 15, 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.

View on SEC.gov

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

FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Purchase Agreement with Matthias Aydt valued at $100.00 (effective 2026-04-15).

Action: entry
Agreement: equity purchase
Counterparty: Matthias Aydt
Value: $100.00
Effective: 2026-04-15

Exact text from the filing

On April 15, 2026, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) with Matthias Aydt (the “Purchaser”), pursuant to which the Company agreed to issue and sell one (1) share of the Company’s newly designated Series A Preferred Stock, par value $0.0001 per share (the “Series A Preferred Stock”), to the Purchaser for a purchase price of $100.00.

View on SEC.gov

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

FARADAY FUTURE INTELLIGENT ELECTRIC INC. filing history →

Source: SEC EDGAR

accession 0001213900-26-045262

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.