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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):
March 17, 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 8.01 Other Events.
On March 17, 2026, Faraday Future Intelligent Electric Inc. (the “Company”)
issued a press release announcing that, subject to approval by the Company’s Board of Directors, compliance with applicable securities
laws and the Company’s trading policies, the Company intends to purchase shares of its Class A common stock, par value $0.0001 per
share, in an amount approximately equal to the total after-tax value of executive and employee deferred compensation for
the March through May 2026 period. The information contained in this Current Report on Form 8-K, including Exhibit 99.1 hereto, is being
furnished and 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, nor shall it be deemed incorporated by reference
in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in
such a filing.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. |
|
Description |
| 99.1 |
|
Press Release dated March 17, 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.
Date: March 18, 2026
| |
FARADAY FUTURE INTELLIGENT ELECTRIC INC. |
| |
|
| |
By: |
/s/ Koti Meka |
| |
Name: |
Koti Meka |
| |
Title: |
Chief Financial Officer |
2
Exhibit 99.1
Faraday Future Announces Executive Share Purchase
Initiative to Strengthen Long-Term Value, Act Against Potential Illegal Market Manipulation, and Further Align Interests with Stockholders
| ● | Subject to Board approval,
compliance with applicable securities laws and the Company’s trading policies, the Company intends to purchase shares of its common
stock in an amount approximately equal to the total value of executive
and employee deferred compensation for the March through May period, which is about $500,000 on
an after-tax basis. |
| ● | Repurchased shares would be transferred to participating
executives and other employees as a settlement of the deferred compensation, increasing their equity ownership in the Company. |
| ● | This initiative reinforces a commitment to the Company’s
strategic execution, as well as demonstrates the Company’s action against potential illegal market manipulation and short selling.
|
Los Angeles,
CA (March 17, 2026) – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF”
or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced a new initiative
under which executives and other employees will increase their ownership in the Company through a structured share acquisition program
in exchange for deferring part of their salaries.
This initiative is designed to align management and
employee interests more closely with stockholders and reinforce commitment to the Company’s strategic execution during the current
market environment.
As part of this program, certain executives and employees
will defer a portion of their base compensation for a three-month period from March 1, 2026, through May 31, 2026. The deferred amounts
are intended to be used as a reference for the Company to repurchase shares of its common stock.
Subject to Board approval, compliance with applicable
securities laws and the Company’s trading policies, FF intends to repurchase shares in an amount approximately equal to the total
estimated after-tax deferred compensation for the period (estimated to be approximately $500,000 after tax). These shares are expected
to be subsequently transferred to participating executives and other employees, increasing their equity ownership in the Company.
The Company
believes this initiative sends a clear message that, in the face of capital markets volatility and potential illegal short selling and
market manipulation, FF will not be distracted, but instead will respond in a proactive, prudent, and resolute manner to defend the Company’s
value, reinforce market confidence, and demonstrate its determination to prevail in the fight against potential illegal short selling
and market manipulation while protecting the shared interests of stockholders and employees.
The Company believes this structure represents a proactive and disciplined approach to capital management while enabling insiders to meaningfully
increase their stake in FF.
Following such
repurchase, the Company currently intends to settle the deferred compensation obligations by transferring the shares of the Company’s
common stock to participating executives and other employees, subject to the terms of applicable compensation arrangements.
“I believe
this initiative demonstrates that the management and employees at FF are willing to support the Company’s liquidity management and
long-term strategic execution through concrete action, reflecting a strong commitment to standing with the Company during a challenging
period,” said YT Jia, FF Founder and Global Co-CEO. This initiative follows the Company’s commitment to take action
in response to recently identified potential illegal market manipulation and short selling.
The Company also seriously continues to progress with its preparation
for a potential submission to the U.S. Securities and Exchange Commission regarding potential illegal market manipulation.
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. 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 potential future legal actions against
alleged illegal market manipulation or similar improper activities, and FF’s entry into the embodied AI robotics market and robotics
deliveries and development, 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, that may affect actual results or outcomes include,
among others: the Company’s ability to timely make the share purchases, which may be restricted for extended periods due to trading
blackouts; and expectations related to the investigation of potential illegal market manipulation, including the Company’s analysis,
its ability to take appropriate corrective action, obtain sufficient evidence to support legal actions or any potential investigations
by regulators. 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 (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com
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