Faraday Future Intelligent Electric Inc SEC Filings

Form D notice for a securities offering by Faraday Future Intelligent Electric Inc. The issuer registered a Regulation D, Rule 506(b) offering with a total offering size of $83,500,000 and has sold $37,592,271 to date, leaving $45,907,729 available. The filing identifies a mix of securities offered including debt, warrants/options, and securities issuable upon exercise. The issuer reports 4 total investors so far and indicates a $0 minimum investment accepted. Sales compensation disclosed includes $200,000 in cash sales commissions (estimated) and $950,020 in finders' fees (estimated). The issuer certifies $0 of proceeds will be used to pay executive officers, directors, or promoters. The filing states the offering is not in connection with a business combination and is not intended to last more than one year.

Insider purchase under a Rule 10b5-1 plan. Wang Jiawei, Global President of Faraday Future Intelligent Electric Inc., reported purchases of 10,560 shares of Class A common stock on 08/25/2025 at a weighted average price of $2.3289 per share. Following the transaction, the reporting person beneficially owned 10,563 shares.

The filing states the trades were made pursuant to a 10b5-1 plan adopted May 27, 2025, authorizing purchases of up to $50,000 of Class A common stock and expiring August 22, 2026. The report discloses the purchase prices ranged from $2.3284 to $2.3380 and that detailed per-price quantities are available on request.

Insider purchase under 10b5-1 plan: Jia Yueting, Global Co-CEO of Faraday Future Intelligent Electric Inc., reported purchases of 83,775 shares of Class A common stock on 08/25/2025 at a weighted average price of $2.35 per share. The filing states the purchases were effected pursuant to a Rule 10b5-1 trading plan adopted May 23, 2025, authorizing purchases of up to $560,000 of Class A common stock and expiring August 25, 2026. Following the reported transaction, the reporting person beneficially owned 352,238 shares. The registrant is identified in the form as FARADAY FUTURE INTELLIGENT ELECTRIC INC. (ticker shown in form as FFAI).

Faraday Future Intelligent Electric Inc. reports continued operating losses and substantial doubt about its ability to continue as a going concern. The company disclosed multiple convertible note financings, SPA commitments and related-party financing arrangements supporting operations, including SPA Commitments of $655.5 million (of which $449.3 million funded and $206.2 million remained to be funded) and Optional Commitments of $467.0 million (of which $60.9 million funded). Customer deposits totaled approximately $3.2 million at June 30, 2025. Subsequent to the period, the company entered an $82.0 million financing agreement and raised approximately $45.7 million from SPA Portfolio Notes and $1.4 million from warrant exercises, which partially addressed near-term liquidity but did not eliminate substantial doubt. The company noted conversions and restructurings across Secured, Unsecured and Junior SPA notes, lease financing including a $24.9 million financing obligation from a failed sale-leaseback, related-party balances and legal contingencies of $10.1 million accrued as of June 30, 2025.