secwatch.observer — SEC 8-K summary
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Issuer:     FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAI)
CIK:        0001805521
Form:       8-K
Filed at:   2022-11-21T23:59:59+00:00
Accession:  0001628280-22-030575
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FFIE Q3 net loss narrows to $103M, cash at $32M; announces $600M funding facility and EPA-certified 381-mile range
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- Net loss $103M ($0.30/share) vs $304M in Q3 2021; operating loss $81M vs $186M.
- Cash fell to $32M from $505M at year-end; accumulated deficit $3.3B.
- Up to $600M senior secured convertible notes facility with $52M initial; $60M added in Oct.
- FF 91 EPA range certified at 381 miles (above 333 estimate); CARB zero-emission certified.
- Appointed Yun Han interim CFO; Mazars as new auditor; resolved FF Top governance dispute.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1805521/000162828022030575/0001628280-22-030575-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1805521/000162828022030575/ffie-20221121.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-030575

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