Faraday Future Files 8-K on Stock and Warrants

TL;DR

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

AI Summary

Faraday Future Intelligent Electric Inc. filed an 8-K on July 19, 2024, reporting on events as of that date. The filing includes information related to its common stock and redeemable warrants, which are exercisable 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 the company's capital structure, specifically regarding its common stock and the terms of its redeemable warrants, which could impact potential future dilution or capital raising activities.

Risk Assessment

Risk Level: medium — The filing concerns the company's capital structure and warrants, which can be material to investors, but does not announce immediate financial distress or major operational changes.

Key Numbers

• 11.50 — Warrant Exercise Price (Redeemable warrants are exercisable at this price per share.)

Key Players & Entities

• Faraday Future Intelligent Electric Inc. (company) — Registrant
• Property Solutions Acquisition Corp. (company) — Former company name
• 0001805521 (company) — Central Index Key
• 001-39395 (company) — SEC File Number
• 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

• ea0209745-8k_faraday.htm (8-K) — 28KB
• ea020974501ex99-1_faraday.htm (EX-99.1) — 27KB
• 0001213900-24-063169.txt ( ) — 279KB
• ffie-20240719.xsd (EX-101.SCH) — 4KB
• ffie-20240719_def.xml (EX-101.DEF) — 26KB
• ffie-20240719_lab.xml (EX-101.LAB) — 36KB
• ffie-20240719_pre.xml (EX-101.PRE) — 25KB
• ea0209745-8k_faraday_htm.xml (XML) — 6KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure On July 19, 2024, Faraday Future Intelligent Electric Inc., a Delaware corporation (the "Company"), issued a press release announcing the release of an open letter from its Board of Directors along with the Company's founder, YT Jia, encouraging all stockholders to vote at the Company's upcoming annual meeting of stockholders to be held on July 31, 2024. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The information contained in this Current Report on Form 8-K, including Exhibit 99.1, 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.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits (d) Exhibits No. Description of Exhibits 99.1 Press Release, dated July 19, 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: July 19, 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