Faraday Future Intelligent Electric Inc. filings document the public-company disclosures of an electric vehicle and Embodied AI company with Class A common stock and redeemable warrants listed on Nasdaq. Its regulatory record includes material-event reports, proxy materials, operating and financial results, and governance disclosures.
Recent filings cover material definitive agreements, secured promissory notes, loan and securities purchase arrangements, preferred stock matters, executive and board changes, shareholder meeting proposals, director elections, Nasdaq share-issuance approvals, risk factors, capital structure, and securities registered for trading under the FFAI and FFAIW symbols.
Faraday Future Intelligent Electric Inc. issued and sold Jiawei Wang, its Executive Chairman, one share of Series A Preferred Stock for $100; the sale closed November 4, 2026. The share carries 500,000,000 votes, but may vote only on a Reverse Stock Split Proposal, with its votes cast in the same proportion as votes for and against cast by holders of Common Stock.
Approval requires a majority of the voting power of Common Stock, Series B Preferred Stock, Series C Convertible Preferred Stock and Series A Preferred Stock, voting together as one class. The Purchase Agreement conditions the Series A vote on at least one-third of outstanding Common, Series B and Series C shares being present or represented; the Certificate of Designation separately describes a one-third threshold based on outstanding Common Stock. The share is not convertible, receives no dividends, has a $100 liquidation preference ahead of Common Stock, and is redeemed for $100 upon approval or earlier if the Board orders redemption.
Faraday Future Intelligent Electric Inc. (FFAI) Executive Chairman Jiawei Wang purchased one share of Series A Preferred Stock for $100 per share directly from the issuer for cash. His reported direct holdings after the transaction were one share. The stock’s rights, preferences, privileges and restrictions are set out in the issuer’s Certificate of Designation. No Rule 10b5-1 plan is reported.
Faraday Future Intelligent Electric Inc. asks stockholders to authorize a common-stock reverse split at any whole-number ratio up to 1-for-80. If approved, the Board would choose the ratio and timing and could implement it within one year after the December 15, 2026 meeting; it may abandon the split before it takes effect. The Board recommends voting for this proposal and a separate adjournment proposal to seek additional proxies if needed.
Class A closing bids have been below Nasdaq’s $1.00 minimum since October 16, 2026. If the bid remains below $1.00 through November 25, 2026, the shares would be subject to immediate delisting, subject to appeal. The company says failure to approve the split would likely result in delisting, which may lead to a bankruptcy filing. A 150:1 reverse split took effect July 24, 2026, leaving the company ineligible for a Minimum Bid Price Requirement compliance period. One Series A preferred share has 500,000,000 votes on the split proposal, cast in the same proportion as votes on common shares; it is redeemed upon approval or earlier at the Board’s discretion.
Faraday Future Intelligent Electric Inc. (FFAI) completed the transfer of its robotics business to FF EAI Robotics Ecosystem Inc. (FFR) on October 23, 2026. FFR entered a securities purchase agreement with two investors for a $10.0 million PIPE financing; the pro forma statements assume receipt of the full subscription. The transfer involved no cash payment outside FFAI’s consolidated group.
FFR remains a consolidated subsidiary, and the Robotics Business remains in continuing operations. The reorganization changes the interests attributable to FFAI and noncontrolling shareholders without a loss of control; no consolidated disposal gain or loss, new goodwill or fair-value step-up is recognized. After the PIPE, FFAI’s as-converted participation is 81.7902%.
The pro forma balance sheet as of June 30, 2026 shows cash and cash equivalents of $27.992 million and total assets of $296.598 million. Pro forma revenue was $1.348 million and net loss was $81.280 million for the six months ended June 30, 2026. The statements are illustrative and do not necessarily reflect results that would have occurred; they include no anticipated synergies, cost savings or other operating improvements.
Faraday Future Intelligent Electric Inc. (FFAI) completed the disposition of its robotics business and related assets to FF EAI Robotics Ecosystem Inc. on October 23, 2026. The buyer issued and delivered common shares and non-voting convertible preferred shares to FFAI subsidiary Smart Technology Holdings Ltd. as consideration. FFAI will include the acquired business in consolidated results only from closing and says it is upgrading into a Robotaxi and EAI Cabin shared-mobility operations company and a Physical AI investment holding company.
FFR expects October sales and shipments to exceed 300 robots and cumulative sales and shipments to exceed 1,100 by month-end. Its standalone 2026 guidance is approximately 2,000 robots with positive unit gross margins; it includes pre-acquisition periods and is not FFAI’s consolidated 2026 result. FFR projects 2027 revenue of approximately $45.2 million and about 7,400 EAI Device sales. Its five-year outlook projects approximately $1.98 billion in cumulative revenue and approximately 133,000 cumulative EAI Device sales; FFR says these projections are subject to significant uncertainties and are not guarantees. FFR also named its unified AI brain FF OmniMind.
Faraday Future Intelligent Electric Inc. (FFAI) completed the sale of its robotics business to FF EAI Robotics Ecosystem Inc. on October 23, 2026. The purchase-price formula is $200 million multiplied by one minus the ratio of shares issuable under outstanding options to fully diluted shares immediately before closing.
The buyer issued seller Smart Technology Holdings Ltd. 1,315,313 common shares and 65,475 non-voting convertible preferred shares, representing 66,790,313 common shares on an as-converted basis at $2.246 per share. Preferred conversion and related voting rights require buyer stockholder approval. The seller parties agreed to an 18-month lock-up, subject to exceptions and prior written consent from the buyer’s special committee.
The sale was a related-party transaction because FFAI controlled the buyer before closing. A revised investor agreement gives FF Global Partners LLC voting proxies for more than 50% of the buyer’s voting power. The buyer expects approximately 2,000 robotics units sold and shipped in full-year 2026 on a standalone basis; its consolidated 2026 results include the business only from the October 23 closing. The investor presentation cites substantial doubt about FFAI’s ability to continue as a going concern.
Faraday Future Intelligent Electric Inc. is registering for resale up to 5,904,339 shares of Class A common stock issuable upon conversion of notes held by selling stockholders, who may sell from time to time after effectiveness. The total includes 1,600,000 shares tied to Secured SPA Notes, 1,833,751 tied to March Unsecured Notes and 2,470,588 tied to July Unsecured Notes. FFAI will receive no proceeds from resales and says substantial sales could reduce its share price.
Separately, FFR, which FFAI controls, agreed to acquire FF Robotics after an internal restructuring in a related-party transaction. The purchase price is $200,000,000 multiplied by one minus the ratio of shares issuable under outstanding options to fully diluted FF Robotics shares. At closing, FFR would issue 1,315,313 common shares and 65,475 non-voting convertible preferred shares; preferred conversion and issuances beyond specified limits require FFR stockholder approval. A concurrent FFR equity placement of up to $30,000,000 is contemplated but is not a closing condition. FFR also advanced FFAI $800,000 at 10% annual interest, with a 15% default rate.
Faraday Future Intelligent Electric Inc. (FFAI) amended its prior disclosure only to correct clerical errors and reported a definitive agreement for FF EAI Robotics Ecosystem Inc. (FFR) to acquire FFAI’s robotics business. Before closing, the business and related assets, intellectual property, data, contracts, employees and liabilities will be contributed to FF Robotics; FFR will acquire its shares, then FF Robotics will merge into FFR Acquisition Sub LLC. The purchase price is $200 million multiplied by one minus the ratio of shares issuable under outstanding FF Robotics options to FF Robotics shares outstanding on a fully diluted basis immediately before closing. At closing, FFR will issue Smart Technology Holdings Ltd. (FFAI’s subsidiary) 1,315,313 common shares and 65,475 non-voting convertible preferred shares at a stated $2.246 per share.
Closing is subject to customary conditions, including required approvals, restructuring and employment agreements with Yueting Jia (FFAI founder and Global CEO) and Jiawei Wang (FFAI Global Executive Chairman). The preferred shares cannot convert until FFR stockholders approve the issuance; FFAI controls FFR, making this a related-party transaction. The parties will cooperate on a concurrent private placement for gross proceeds of up to $30 million, but closing is not conditioned on it. FFAI stated that it currently lacks the ability to pay its outstanding obligations.
Faraday Future Intelligent Electric Inc. (FFAI) signed a definitive agreement to sell its robotics business to FFR through its transfer to FF Robotics and FFR’s acquisition of that subsidiary. The Purchase Price is $200 million multiplied by one minus the ratio of shares issuable under outstanding FF Robotics options to FF Robotics shares outstanding on a fully diluted basis immediately before closing. FFR will issue 1,317,949 common shares and 65,427 non-voting convertible preferred shares to Smart Technology Holdings Ltd., the Cayman Seller; the as-converted share amount equals the Purchase Price divided by $2.246.
Before stockholder approval, FFR may not issue shares above its charter authorization or Nasdaq limits; preferred shares cannot convert until approval. FF Robotics options will be assumed and converted at a 0.89 exchange ratio. Closing conditions include regulatory approvals, internal restructuring and employment agreements with Yueting Jia and Jiawei Wang.
The A&R Lead Investor Agreement, effective upon closing and certain approvals, assigns FFAI’s Lead Investor rights to FF Global Partners LLC. A proxy from FFAI, Yueting Jia and Jiawei Wang, subject to Support Agreement obligations, is intended to give the entity more than 50% of FFR’s voting power. The transaction is related-party because FFAI controls FFR.
Faraday Future Intelligent Electric (FFAI) entered into a non-binding term sheet with its majority-owned subsidiary AIxCrypto Holdings for the subsidiary to acquire FFAI’s robotics business, excluding options held by FFAI executives. The expected US$200 million price would be paid to FFAI in AIxCrypto common and non-voting convertible preferred stock. The expected per-share price is the lower of US$2.246 and the average Nasdaq Official Closing Price for the five trading days immediately before definitive agreements are signed. FFAI Global Executive Chairman Jerry Wang is also AIxCrypto’s CEO, making the transaction related-party.
FFAI’s special committee unanimously approved signing the term sheet and recommended it to the board; the board approved signing, not the sale. Completion remains subject to definitive agreements, ongoing committee review and favorable recommendation, a satisfactory fairness opinion, required approvals and closing conditions. Closing is expected in Q4 2026. At closing, FFAI would enter an 18-month lock-up on AIxCrypto securities. A contemplated private placement of not more than US$30 million in gross proceeds is not a transaction condition.
By the end of August, FFAI reported 552 cumulative EAI device sales and shipments. In Q2, average contribution margin exceeded 30% and cumulative revenue reached approximately US$1.52 million. Preliminary management projections put robotics revenue at US$7.1 million in 2026 and US$45.17 million in 2027; the projections may change materially.