FARADAY FUTURE INTELLIGENT ELECTRIC INC. — fact timeline
Source-grounded facts extracted from FARADAY FUTURE INTELLIGENT ELECTRIC INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
FARADAY FUTURE INTELLIGENT ELECTRIC INC. issued increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company from 312,285,439 shares to 452,813,887 shares of common stock.
“On May 27, 2026, Faraday Future Intelligent Electric Inc. (the “Company”) filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware (the “Delaware SOS”) to effect (i) an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“FFAI Common Stock”) from 312,285,439 shares to 452,813,887 shares”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Eliminated the designation of Series A Preferred Stock and returned the share to authorized but unissued preferred stock (effective 2026-05-27).
“On May 27, 2026, prior to the Company’s filing of the Certificate of Amendment with the office of the Delaware SOS, the Company filed a Certificate of Elimination (the “Certificate of Elimination”) with the Delaware SOS with respect to the Company’s Series A Preferred Stock, par value $0.0001 per share (“FFAI Series A Preferred Stock”), following the automatic redemption of all outstanding shares of FFAI Series A Preferred Stock after the conclusion of the Company’s Annual Meeting.”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Increased authorized shares of common stock from 312,285,439 to 452,813,887 and preferred stock from 24,087,265 to 34,926,534 (effective 2026-05-27).
“On May 27, 2026, Faraday Future Intelligent Electric Inc. (the “Company”) filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware (the “Delaware SOS”) to effect (i) an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“FFAI Common Stock”) from 312,285,439 shares to 452,813,887 shares, and (ii) an increase in the number of authorized shares of preferred stock, par value $0.0001 per share, of the Company (“FFAI Preferred Stock”) from 24,087,265 shares to 34,926,534 shares, increasing the total number of authorized shares of FFAI Common Stock and FFAI Preferred Stock from 336,372,704 shares to 487,740,421 shares.”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Approval of adjournment to solicit additional proxies if necessary at the 2026-05-22 meeting.
“The Company’s stockholders approved the adjournments of the Annual Meeting by the Company from time to time to permit further solicitation of proxies, if necessary or appropriate, if sufficient votes are not represented at the Annual Meeting to approve one or more Proposals at the time of such adjournment or if otherwise determined by the chairperson of the Special Meeting to be necessary or ap”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Frequency of advisory vote on executive compensation: every three years at the 2026-05-22 meeting.
“The Company’s stockholders approved to conduct stockholder advisory votes on named executive officer compensation for every three years.”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Advisory vote on executive compensation at the 2026-05-22 meeting.
“The Company’s stockholders approved the compensation of the Company’s named executive officers.”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Approval of reverse stock split up to 1-for-150 at the 2026-05-22 meeting.
“The Company’s stockholders approved an amendment to the Charter to effect a reverse stock split of the Common Stock by a ratio of any whole number in the range up to 1-for-150, with such ratio to be determined in the discretion of the Company’s board of directors (the “Board”) and with such action to be effected at such time and date, if at all, as determined by the Board within one year after the conclusion of the Annual Meeting.”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Amendment to increase authorized shares of Common Stock and Preferred Stock at the 2026-05-22 meeting.
“The Company’s stockholders approved an amendment to the Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”), to increase the number of authorized shares of Common Stock by 140,528,448, from 312,285,439 shares to 452,813,887 shares (representing an increase of 45%), and increase the number of authorized shares of the Company’s preferred stock, par value $0.0001 per share (the “Preferred Stock”), by 10,839,269 shares, from 24,087,265 shares to 34,926,534 shares, so that the total number of authorized shares of Company’s Common Stock and Preferred Stock will be increased from 336,372,704 shares to 487,740,421 shares.”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Amendment to Amended and Restated 2021 Stock Incentive Plan to increase authorized shares at the 2026-05-22 meeting.
“The Company’s stockholders approved an amendment to the Company’s Amended and Restated 2021 Stock Incentive Plan in order to increase the number of shares of Class A Common Stock available for issuance under the 2021 Plan by an additional 50,492,075 shares.”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Approval of issuance of Class A Common Stock to holders of preferred stock and warrants at the 2026-05-22 meeting.
“The Company’s stockholders approved the issuance of Class A Common Stock to holders of certain shares of preferred stock and warrants, in accordance with Nasdaq Listing Rule 5635(d).”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Approval of issuance of Class A Common Stock to holders of promissory notes at the 2026-05-22 meeting.
“The Company’s stockholders approved the issuance of Class A Common Stock to holders of certain promissory notes, in accordance with Nasdaq Listing Rule 5635(d).”
Shareholder Votes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. shareholders approved Election of five director nominees at the 2026-05-22 meeting.
“The Company’s stockholders elected each of the five director nominees, Jiawei Wang, Xiao Jiang, Kevin Chen, Chad Chen and Lev Peker, to hold office until the 2027 annual meeting”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Securities Purchase Agreement with certain institutional investors (collectively, the "Investors") valued at $25 million (effective 2026-05-15).
“On May 15, 2026 (the “Signing Date”), Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain institutional investors (collectively, the “Investors”). Pursuant to the Purchase Agreement, the Company has agreed to sell, and the Investors have agreed to purchase, for an aggregate purchase price of $25 million, certain senior convertible notes in the aggregate principal amount of $25 million”
Debt Financings
FARADAY FUTURE INTELLIGENT ELECTRIC INC. incurred senior notes of $25 million at 8% per annum maturing one-year anniversary of the issuance date.
“the Company has agreed to sell, and the Investors have agreed to purchase, for an aggregate purchase price of $25 million, certain senior convertible notes in the aggregate principal amount of $25 million”
Earnings Releases
FARADAY FUTURE INTELLIGENT ELECTRIC INC. updated its first quarter ended March 31, 2026 guidance (raised).
“issued a press release in which the Company provided certain first quarter 2026 financial results, as well as its 2026 outlook. The full text of the press release is furnished herewith as Exhibit 99.1”
Chad Chen was appointed as Lead Independent Director at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
“on May 5, 2026, the Board appointed Chad Chen, currently a member of the Board and each of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board, as”
Jiawei Wang changed role as Global Executive Chairman at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
“on May 5, 2026, the Board promoted Jiawei Wang, previously the Company’s Global President, to the position of Global Executive Chairman.”
Yueting Jia was appointed as sole Chief Executive Officer at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
“the Board acknowledged and appointed Yueting Jia as the Company’s sole Chief Executive Officer.”
Matthias Aydt resigned as Co Global Chief Executive Officer at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
“On May 5, 2026, the Board accepted Mr. Aydt’s resignation from his position as Co Global Chief Executive Officer, effective as of that date.”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. amended Supplemental Agreement (effective 2026-04-30).
“On April 30, 2026, GlobeX AI Hong Kong Holding Limited (“GlobeX”), a special purpose entity controlled by Faraday Future Intelligent Electric Inc. (the “Company”), entered into a Supplemental Agreement (the “Supplemental Agreement”) to the previously executed Engineering Services Agreement, dated February 4, 2026, with its previously announced bridge strategy partner (the Partner”),”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Purchase Agreement with an accredited investor valued at an aggregate purchase price of $45 million (effective 2026-04-17).
“On April 17, 2026 (the “Signing Date”), Faraday Future Intelligent Electric Inc. (the “Company”) entered into a note purchase agreement (the “Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Company issued, and the Investor purchased, for an aggregate purchase price of $45 million”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Certificate of Designation designating Series A Preferred Stock with preferences, rights, and limitations (effective 2025-04-15).
“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.”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Purchase Agreement with Matthias Aydt valued at $100.00 (effective 2026-04-15).
“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.”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. amended Amended and Restated Securities Purchase Agreement with the Investor (effective 2026-04-14).
“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”).”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Loan Agreement with an accredited investor valued at $2,000,000 (effective 2026-04-10).
“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”).”
Earnings Releases
FARADAY FUTURE INTELLIGENT ELECTRIC INC. reported financial results for fourth quarter and full year ended December 31, 2025.
“On March 31, 2026, Faraday Future Intelligent Electric Inc. (the “Company”) issued a press release in which the Company provided certain fourth quarter and full year 2025 financial results, as well as its 2026 outlook. The full text of the press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.”
Listing & Compliance Notices
FARADAY FUTURE INTELLIGENT ELECTRIC INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“March 20, 2026, Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (the “Company”) received written notice from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has failed to maintain a minimum bid price of at least $1.00 per share for the 30 consecutive trading day period from February 5, 2026, through March 19, 2026, based upon the closing bid price for its Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Co”
Equity Issuances
FARADAY FUTURE INTELLIGENT ELECTRIC INC. issued increase in the number of authorized shares of preferred stock, par value $0.0001 per share, of the Company from 17,931,000 to 24,087,265 shares of preferred stock.
“On February 18, 2026, Faraday Future Intelligent Electric Inc. (the “Company”) filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware (the “Delaware SOS”) to effect (i) an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“FFAI Common Stock”) from 232,470,985 to 312,285,439 shares, and (ii) an increase in the number of authorized shares of preferred stock, par value $0.0001 per share, of the Company (“FFAI Preferred Stock”) from 17,931,000 to 24,087,265 shares, increasing the total number of authorized shares of FFAI Common Stock and FFAI Preferred Stock from 250,401,985 shares to 336,372,704 shares.”
Equity Issuances
FARADAY FUTURE INTELLIGENT ELECTRIC INC. issued increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company from 232,470,985 to 312,285,439 shares of common stock.
“On February 18, 2026, Faraday Future Intelligent Electric Inc. (the “Company”) filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware (the “Delaware SOS”) to effect (i) an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“FFAI Common Stock”) from 232,470,985 to 312,285,439 shares, and (ii) an increase in the number of authorized shares of preferred stock, par value $0.0001 per share, of the Company (“FFAI Preferred Stock”) from 17,931,000 to 24,087,265 shares, increasing the total number of authorized shares of FFAI Common Stock and FFAI Preferred Stock from 250,401,985 shares to 336,372,704 shares.”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Increased authorized shares of common stock from 232,470,985 to 312,285,439 and preferred stock from 17,931,000 to 24,087,265; filed Certificate of Amendment and Certificate of Elimination to eliminate one share of Series A Preferred Stock (effective 2026-02-18).
“On February 18, 2026, Faraday Future Intelligent Electric Inc. (the “Company”) filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware (the “Delaware SOS”) to effect (i) an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“FFAI Common Stock”) from 232,470,985 to 312,285,439 shares, and (ii) an increase in the number of authorized shares of preferred stock, par value $0.0001 per share, of the Company (“FFAI Preferred Stock”) from 17,931,000 to 24,087,265 shares, increasing the total number of authorized shares of FFAI Common Stock and FFAI Preferred Stock from 250,401,985 shares to 336,372,704 shares.”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Strategic Cooperation Agreement and Engineering Services Agreement with Hebei Huanzhou Automobile Sales Co., Ltd valued at RMB300 million (approximately $43.2 million) non-refundable advance payment, with first installment (effective 2026-02-04).
“On February 4, 2026 (the “Signing Date”), GlobeX AI Hong Kong Holding Limited (“GlobeX”), a special purpose entity controlled by Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Strategic Cooperation Agreement (the “Cooperation Agreement”) and an engineering services agreement (the “ESA” and, together with the Cooperation Agreement, the “Agreements”) with Hebei Huanzhou Automobile Sales Co., Ltd (the “Partner”), in connection with the procurement of components and engineering services for a battery electric version of the FF Super One under development for the United States market.”
Equity Issuances
FARADAY FUTURE INTELLIGENT ELECTRIC INC. issued common stock to an accredited investor for $10 million.
“the Company has agreed to sell, and the Investor has agreed to purchase, $10 million (the “Subscription Amount”) of Class A common stock”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Securities Purchase Agreement with accredited investor valued at $10 million (effective 2026-01-30).
“On January 30, 2026 (the “Signing Date”), Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Company has agreed to sell, and the Investor has agreed to purchase, $10 million (the “Subscription Amount”) of Class A common stock”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Agreement with Warrant Holders (effective 2025-12-28).
“On December 28, 2025, Faraday Future Intelligent Electric Inc., a corporation incorporated under the laws of the State of Delaware (the “Company”) entered into warrant termination agreements (each, an “Agreement” and collectively, the “Agreements”) with holders (collectively, the “Warrant Holders”) of certain of the Company’s outstanding common stock purchase warrants”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Certificate of Designation for Series A Preferred Stock, establishing its preferences, rights, and limitations (effective 2025-12-19).
“Certificate of Designation of Preferences Designating the Series A Preferred Stock On December 19, 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.”
Material Agreements
FARADAY FUTURE INTELLIGENT ELECTRIC INC. entered into Purchase Agreement with Matthias Aydt valued at $100.00 (effective 2025-12-22).
“On December 22, 2025, 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.”
Auditor Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. engaged HTL International, LLC as its auditor.
“udit Committee approved the engagement of HTL International, LLC (“HTL”) as the Company’s new independent registered”
Auditor Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC. dismissed Macias Gini & O’Connell LLP as its auditor.
“f Delaware (the “Company”) terminated Macias Gini & O’Connell LLP (“MGO”) as the independent registered public accounting firm of the Company.”
Equity Issuances
FARADAY FUTURE INTELLIGENT ELECTRIC INC. issued increase in the number of authorized shares of preferred stock from 12,900,000 to 17,931,000 shares of preferred stock.
“and (ii) an increase in the number of authorized shares of preferred stock, par value $0.0001 per share, of the Company (“FFAI Preferred Stock”) from 12,900,000 to 17,931,000 shares”
Equity Issuances
FARADAY FUTURE INTELLIGENT ELECTRIC INC. issued increase in the number of authorized shares of common stock from 167,245,313 to 232,470,985 shares of common stock.
“to effect (i) an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“FFAI Common Stock”) from 167,245,313 to 232,470,985 shares”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Increased authorized shares of common and preferred stock via Certificate of Amendment (effective 2025-09-23).
“On September 23, 2025, the Company filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware (the “Delaware SOS”) to effect (i) an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“FFAI Common Stock”) from 167,245,313 to 232,470,985 shares, and (ii) an increase in the number of authorized shares of preferred stock, par value $0.0001 per share, of the Company (“FFAI Preferred Stock”) from 12,900,000 to 17,931,000 shares, increasing the total number of authorized shares of FFAI Common Stock and FFAI Preferred Stock from 180,145,313 shares to 250,401,985 shares.”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Amendment No. 1 to Certificate of Designation of Series B Preferred Stock to designate an additional 3,000,000 shares as Series B Preferred Stock; preferences, rights and limitations remain unchanged (effective 2025-08-21).
“on August 21, 2025, Faraday Future Intelligent Electric, Inc. (the “ Company ”) filed an amendment No.1 (the “ Amendment ”) to the Certificate of Designation of Preferences, Rights and Limitations of Series B Preferred Stock (the “ Certificate ”) with the Secretary of State of the State of Delaware. The Amendment designates another 3,000,000 shares of the Company’s preferred stock to be the Series B Preferred Stock, and the preferences, rights and limitations remain unchanged”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Series A Certificate of Designation designating one share of Series A Preferred Stock with specific preferences, rights, and limitations (effective 2025-08-06).
“On August 6, 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.”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Eliminated designation of Series A Preferred Stock from charter after redemption (effective 2025-05-29).
“On May 29, 2025, prior to the Company’s filing of the Certificate of Amendment with the office of the Secretary of State of the State of Delaware, the Company filed a Certificate of Elimination (the “Certificate of Elimination”) with the office of the Secretary of State of the State of Delaware with respect to the Company’s Series A Preferred Stock, par value $0.0001 per share (“Series A Preferred Stock”), following the automatic redemption of all outstanding shares of Series A Preferred Stock after the conclusion of the Company’s Annual Meeting (as defined below).”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Increased authorized shares of common stock from 129,245,313 to 167,245,313 and preferred stock from 10,000,000 to 12,900,000 (effective 2025-05-29).
“On May 29, 2025, Faraday Future Intelligent Electric Inc. (the “Company”) filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware to effect (i) an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“Common Stock”) from 129,245,313 shares to 167,245,313 shares, and (ii) an increase in the number of authorized shares of preferred stock, par value $0.0001 per share, of the Company (“Preferred Stock”) from 10,000,000 shares to 12,900,000 shares, increasing the total number of authorized shares of Common Stock and Preferred Stock from 139,245,313 shares to 180,145,313 shares.”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Series A Certificate of Designation designating one share of Series A Preferred Stock with specified preferences, rights, and limitations (effective 2025-04-17).
“On April 17, 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.”
Debt Financings
FARADAY FUTURE INTELLIGENT ELECTRIC INC. incurred senior notes of aggregate original principal amount of $41 million with certain institutional investors at 10% per annum.
“On March 21, 2025 (the “Signing Date”), Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with certain institutional investors (collectively, the “Investors”). Pursuant to the Purchase Agreement, the Company has agreed to sell, and the Investors have agreed to purchase, in four closings, for an aggregate purchase price of $41 million, of which approximately $39.5 million will be paid in cash and approximately $1.5 million will be converted from a previous loan to the Company, (i) certain senior unsecured convertible notes in the aggregate original principal amount of $41 million (the “Unsecured Notes”)”
Jiawei Wang was appointed as President at FARADAY FUTURE INTELLIGENT ELECTRIC INC..
“Effective March 24, 2025, the board of directors of the Company (the “Board”) appointed Jiawei Wang (“Mr. Wang”) as the Company’s President, effective as of the Effective Date.”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Amendment to Certificate of Incorporation to increase authorized common stock from 104,245,313 to 129,245,313 and total authorized shares from 114,245,313 to 139,245,313. Also filed a Certificate of Elimination to remove designation of Series A Preferred Stock after redemption (effective 2025-03-10).
“On March 10, 2025, Faraday Future Intelligent Electric Inc. (the “Company”) filed an amendment (the “Certificate of Amendment”) to the Company’s Third Amended and Restated Certificate of Incorporation (as amended, the “Charter”) with the office of the Secretary of State of the State of Delaware to effect an increase in the number of authorized shares of common stock, par value $0.0001 per share, of the Company (“Common Stock”) from 104,245,313 to 129,245,313, increasing the total number of authorized shares of Common Stock and preferred stock from 114,245,313 to 139,245,313.”
Governance Changes
FARADAY FUTURE INTELLIGENT ELECTRIC INC.: Filed Certificate of Designation designating one share of Series A Preferred Stock with specified preferences, rights, and limitations (effective 2025-01-23).
“On January 23, 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.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.