Faraday Future Files 8-K, Details Warrants

TL;DR

FFIE filed an 8-K detailing its stock and warrants, exercisable at $11.50.

AI Summary

Faraday Future Intelligent Electric Inc. filed an 8-K on May 29, 2024, reporting on its current status. The filing includes information about its common stock and redeemable warrants, which are exercisable for shares at $11.50 per share. The company was formerly known as Property Solutions Acquisition Corp. before changing its name on March 4, 2020.

Why It Matters

This filing provides an update on Faraday Future's corporate structure and financial instruments, including the terms of its redeemable warrants.

Risk Assessment

Risk Level: medium — The filing concerns corporate structure and warrants, which can indicate potential future dilution or financing activities.

Key Numbers

• $11.50 — Warrant Exercise Price (Price at which redeemable warrants can be exercised for shares.)

Key Players & Entities

• Faraday Future Intelligent Electric Inc. (company) — Registrant
• Property Solutions Acquisition Corp. (company) — Former company name
• May 29, 2024 (date) — Date of report
• March 4, 2020 (date) — Date of name change
• $11.50 (dollar_amount) — Warrant exercise price

FAQ

Key Financial Figures

• $0.0001 — tered Class A common stock, par value $0.0001 per share FFIE The Nasdaq Stock Mar
• $11.50 — A common stock at an exercise price of $11.50 per share FFIEW The Nasdaq Stock Ma

Filing Documents

• ea0207059-8k_faraday.htm (8-K) — 41KB
• ea020705901ex99-1_faraday.htm (EX-99.1) — 14KB
• 0001213900-24-047547.txt ( ) — 275KB
• ffie-20240529.xsd (EX-101.SCH) — 4KB
• ffie-20240529_def.xml (EX-101.DEF) — 26KB
• ffie-20240529_lab.xml (EX-101.LAB) — 36KB
• ffie-20240529_pre.xml (EX-101.PRE) — 25KB
• ea0207059-8k_faraday_htm.xml (XML) — 6KB

01. Regulation

Item 7.01. Regulation FD Disclosure On May 29, 2024, Faraday Future Intelligent Electric Inc. (the "Company") issued a press release announcing its plan to share the details of a "US-China Automotive Industry Bridge Strategy", a preliminary overview of this strategy, its receipt of a grant from Nasdaq for an extended stay of a listing suspension pending a hearing with Nasdaq's Hearings Panel, an update on its Quarterly Report on Form 10-Q for the period ended March 31, 2024, and a quality enhancement campaign. 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. The following exhibits are filed with this Current Report on Form 8-K: No. Description of Exhibits 99.1 Press Release, dated May 29, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1 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: May 29, 2024 By: /s/ Jonathan Maroko Name: Jonathan Maroko Title: Interim Chief Financial Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR