Faraday Future Announces $45 Million New Financing; Plans to Hold Annual Meeting of Stockholders on May 22 to Seek Approval of Key Proposals Designed to Accelerate EAI Strategy Execution and Protect Stockholder Interests

The Company has secured $45 million in new debt financing commitments from an institutional investor. The promissory notes mature in two years after closing, and the promissory notes are redeemable following the six-month anniversary of closing under certain...

Faraday Future Amends $10 Million Equity Investment Agreement to $12 Million, Eliminating Anti-Dilution Provision to Strengthen Stockholder Protections

Increase the Subscription Amount from $10 million to $12 million, $500,000 of which was used to purchase shares of Common Stock and $11.5 million of which was used to purchase shares of the Company’s newly designated Series C preferred stock, which is...

Faraday Future AI-Robotics Co-CEO Chris Chen Attends World Speakers Series at Harvard University, Showcases FF EAI Robotics at Its Science Center

CAMBRIDGE, Mass. – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced that Chris Chen, Co-CEO of FF...

Faraday Future to Participate in and Host Upcoming New York Investor and Industry Events, Highlighting Its Broader Vision for EAI Mobility and Robotics

LOS ANGELES – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that its Global...

Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: Twelve More EAI Robots Shipped, with Plans to Share More Progress and Milestones in Building FF’s EAI Education Ecosystem Coming Next Week

LOS ANGELES – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future,” “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today shared a weekly business update from YT Jia,...