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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
February 13, 2026
Faraday
Future Intelligent Electric Inc.
(Exact name of registrant as specified in its charter)
| Delaware |
|
001-39395 |
|
84-4720320 |
| (State or other jurisdiction |
|
(Commission File Number) |
|
(I.R.S. Employer |
| of incorporation) |
|
|
|
Identification No.) |
| 18455 S. Figueroa Street |
|
|
| Gardena, CA |
|
90248 |
| (Address of principal executive offices) |
|
(Zip Code) |
(424) 276-7616
(Registrant’s telephone number, including
area code)
Not Applicable
(Former name or former address, if changed since
last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| Class A common stock, par value $0.0001 per share |
|
FFAI |
|
The Nasdaq Stock Market LLC |
| Redeemable warrants, exercisable for shares of Class A common stock at an exercise price of $110,400.00 per share |
|
FFAIW |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.07 Submission of Matters to a Vote of Security Holders.
On February 13, 2026, the Company held a special
meeting of stockholders (the “Special Meeting”). The purpose of the Special Meeting was described in the Company’s definitive
proxy statement as filed with the Securities and Exchange Commission on January 9, 2026 (the “Definitive Proxy Statement”).
As of December 23, 2025, the record date for the
Special Meeting (the “Record Date”), 205,703,708 shares were entitled to vote (collectively, the “Voting Shares”),
consisting of 198,292,589 shares of FFAI Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), 6,667
shares of FFAI Class B Common Stock, par value $0.0001 per share (together with the Class A Common Stock, the “Common Stock”),
7,404,451 shares of Series B Preferred Stock, par value $0.0001 per share (the “FFAI Series B Preferred Stock”) and one share
of FFAI Series A preferred stock, par value $0.0001 per share (the “FFAI Series A Preferred Stock”, collectively with FFAI
Series B Preferred Stock, the “Preferred Stock”). A total of 105,072,204 shares of Common Stock and FFAI Series B Preferred
Stock and one share of the FFAI Series A Preferred Stock were present at the Special Meeting, by virtual attendance or by proxy, which
represents approximately 51.08% of the Voting Shares (constituting a quorum), as of the Record Date.
Set forth below are the final voting results,
based on the certified final report provided by the inspector of elections of the Special Meeting, for Proposal 1, Proposal 2, and Proposal
3 (collectively, the “Proposals”), each of which is set forth below and described in detail in the Definitive Proxy Statement.
Proposal 1: Share Authorization Proposal
The Company’s stockholders approved an amendment
to the Charter, to increase the number of authorized shares of FFAI Common Stock by 79,814,454, from 232,470,985 to 312,285,439 (representing
an increase of approximately 34 %), and increase the number of authorized shares of the Company’s Preferred Stock, by 6,156,265
shares, from 17,931,000 to 24,087,265, so that the total number of authorized shares of the Company’s Common Stock and Preferred
Stock will be increased from 250,401,985 shares to 336,372,704 shares. The final voting results, including 7,000,000,000 votes represented
by the share of FFAI Series A Preferred Stock voted in the same proportion as the votes cast by shares of FFAI Common Stock, are as follows:
| Votes For |
|
Votes Against |
|
Abstentions |
|
Broker Non-Votes |
| 5,319,172,173 |
|
1,710,241,356 |
|
17,136,070 |
|
58,522,605 |
Proposal 2: Name Change Proposal
The Company’s stockholders did not approve
an amendment to the Company’s Charter to change the Company’s name from Faraday Future Intelligent Electric Inc. to Faraday
Future AI Electric Vehicle Inc. as the total number of shares voting for such proposal was less than a majority of the voting power of
the outstanding shares of FFAI Common Stock and FFAI Series B Preferred Stock, voting together as a single class. The final voting results
are as follows:
| Votes For |
|
Votes Against |
|
Abstentions |
|
Broker Non-Votes |
| 72,503,928 |
|
32,457,561 |
|
110,715 |
|
N/A |
Proposal 3: Adjournment Proposal
The Company’s stockholders approved the
adjournments of the Special 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 Special 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 appropriate, by the following vote:
| Votes For |
|
Votes Against |
|
Abstentions |
|
Broker Non-Votes |
| 90,636,356 |
|
14,224,531 |
|
211,317 |
|
N/A |
Item 8.01 Other Events
On February 13, 2026, the Company issued a press
release with respect to the voting results of the Special Meeting set forth in Item 5.07 of this Current Report on Form 8-K. A copy of
each press release is furnished hereto as Exhibit 99.1, and incorporated herein by reference.
The information in this Item 8.01 of this Current
Report on Form 8-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated
by reference into any registration statement or other document filed under the Securities Act or the Exchange Act, except as shall be
expressly set forth by specific reference in such filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. |
|
Description |
| 99.1 |
|
Press release dated February 13, 2026. |
| 104 |
|
Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
FARADAY FUTURE INTELLIGENT ELECTRIC INC. |
| |
|
| Date: February 13, 2026 |
By: |
/s/ Koti Meka |
| |
Name: |
Koti Meka |
| |
Title: |
Chief Financial Officer |
Exhibit 99.1
Faraday Future Holds Special Meeting of Stockholders,
Securing Approval for Share Authorization to Support 2026 FX Super One and EAI Robotics Deliveries
| ● | Stockholders approved an increase in authorized shares to support capital planning, FX Super One vehicle milestones and expansion
of embodied AI (“EAI”) robotics initiatives. |
Los Angeles, CA (Feb. 13, 2026) -- Faraday Future Intelligent
Electric Inc. (NASDAQ: FFAI) ("Faraday Future", "FF" or "Company"), a California-based global
shared intelligent electric mobility ecosystem company, today announced the results of its Special Meeting of Stockholders held on February
13, 2026.
At the Special Meeting, stockholders approved the proposal to increase
the number of authorized shares of the Company’s Class A and Class B common stock and preferred stock.
The approval provides the Company with additional authorized share
capacity to support its near-term capital planning needs and existing obligations to issue shares of Class A common stock, as well as
potential future financings, strategic transactions, stock issuances pursuant to employee benefit plans, and other proper corporate purposes
aligned with the Company’s 2026 business strategy.
The additional authorized share capacity is intended to support execution
priorities for 2026, including advancement of FX Super One vehicle production milestones and continued development and commercialization
of FF’s embodied AI robotics products. The approval relates solely to the authorization of additional shares and does not, by itself,
result in the issuance of any shares.
FF continues to advance execution across its core programs, including
progressing FX Super One toward mass production readiness and initial deliveries planned for this year, supported by updated Bridge Strategy
agreements and assembly preparation at the FF AI-Factory in California.
In parallel, FF has launched its first series of embodied AI robotic
products and commenced paid, non-binding pre-orders, with initial deliveries expected this month. Robotics production preparation, customization,
testing, and AI data training are underway as the Company advances its dual-track strategy across EAI vehicles and EAI robotics.
ABOUT FARADAY FUTURE
Faraday Future is a California-based global intelligent Company
founded in 2014 and is dedicated to reshaping the future of mobility through vehicle electrification, intelligent technologies, and AI
innovation. Its flagship vehicle, the FF 91, began deliveries in 2023 and reflects the brand's pursuit of ultra-luxury, cutting-edge technology,
and high performance. FF's second brand, FX, targets the high-volume mainstream vehicle market. Its first model, Super One, is positioned
as a first-class EAI-MPV, with deliveries planned to begin in 2026 in the U.S. FF recently announced its entry into the Embodied AI Robotics
business with sales beginning this year, connecting its future strategy of bringing a new era of EAI vehicles and EAI robotics. For more
information, please visit https://www.ff.com/.
FORWARD LOOKING STATEMENTS
This press release includes “forward looking statements”
within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this
press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,”
and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify
forward-looking statements. These forward-looking statements, which include statements regarding FX Super One production and delivery,
and robotics deliveries, involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of
which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed
in the forward-looking statements.
Important factors, among others, that may affect actual results or
outcomes include, among others: the Company’s ability to maintain its listing on Nasdaq; the need for additional share capital beyond
what stockholders approved on February 13, 2026, to fully execute on its strategy, which the Company currently lacks; further agreement
of stockholders to substantially increase the Company’s share capital, which could result in substantial additional dilution; the
Company's ability to homologate FX vehicles for sale; the Company’s ability to secure the necessary funding to execute on the FX
strategy, which will be substantial; the ability of B2B preorder companies to identify purchasers for the Super One; overall demand for
the Super One; the ability to secure the necessary agreements to produce an FX 4 vehicle or any other planned future FX vehicles, none
of which have been secured; the Company’s ability to secure an occupancy certificate covering its Hanford facility; the Company’s
ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding
obligations; the Company's ability to remediate its material weaknesses in internal control over financial reporting and the risks related
to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant
barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s
payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing
of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles
to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty
claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential
litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on
the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result
in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future
warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and
market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost,
headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company's
control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related
to the Company's operations in China; the success of the Company's remedial measures taken in response to the Special Committee findings;
the Company’s dependence on its suppliers and contract manufacturer; the Company's ability to develop and protect its technologies;
the Company's ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse
developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price.
You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors”
section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Qs for the quarters ended June 30, 2025 and
September 30, 2025 filed with the SEC on May 9, 2025, August 19, 2025 and November 21, 2025, respectively, and other documents filed by
the Company from time to time with the SEC.
CONTACTS:
Investors (English): steven.park@ff.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com
###
