FFAI shareholders approve $25M private placement; name change to Physical AI Ecosystem fails

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Private placement approved: 104,320,304 for, 2,322,259 against, 230,709 abstain, 111,747,199 non-votes.
Name change to Faraday Future Physical AI Ecosystem Inc. failed: 145,312,739 for, 71,277,813 against, 2,029,919 abstain.
Company secured approx. $70M in financing over prior two months, including $25M May 2026 convertible notes, for EAI robotics Phase 1.
July EAI robot sales/shipments hit 152 units (monthly record); cumulative 394 units YTD toward 2,000-unit target.
Q2 2026 results scheduled for Aug 13 after market close; earnings call at 4:00 p.m. ET.

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