---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-101175"
form_type: "8-K"
ticker: "FFAI"
cik: "0001805521"
company_name: "FARADAY FUTURE INTELLIGENT ELECTRIC INC."
filed_at: "2026-09-18T13:15:14+00:00"
generated_at: "2026-09-18T13:16:25.815160+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Faraday Future repays $5M convertible note, converts $5.88M balance to 6-month cash debt

## Summary
- Repayment of $5.0M restricted cash from DACA account cuts outstanding notes from ~$10.88M to ~$5.88M.
- Remaining ~$5.88M balance becomes non-convertible debt, repayable in full in cash within six months.
- Exchange reduces potential shareholder dilution by ~25.16%, calculated at $5.00/share conversion floor.
- Amendments signed Sept 15, 2026 with institutional investor and East West Bank under May 2026 SPA.
- Executive Chairman Jerry Wang: action optimizes capital structure and protects shareholder value.

## SEC filing metadata
- accession: 0001213900-26-101175
- form_type: 8-K
- ticker: FFAI
- cik: 0001805521
- company_name: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
- filed_at: 2026-09-18T13:15:14+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805521/000121390026101175/0001213900-26-101175-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805521/000121390026101175/ea0305734-8k_faraday.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-101175
- JSON: https://secwatch.observer/filing/0001213900-26-101175.json
- Plain text: https://secwatch.observer/filing/0001213900-26-101175.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.