Faraday Future Files 8-K with Financials and Exhibits

TL;DR

FFIE filed an 8-K on 9/13/24 covering financials and other events.

AI Summary

Faraday Future Intelligent Electric Inc. filed an 8-K on September 13, 2024, reporting on other events and financial statements. The company, previously known as Property Solutions Acquisition Corp., is incorporated in Delaware and its fiscal year ends on December 31st. The filing includes details about its common stock and redeemable warrants.

Why It Matters

This filing provides an update on Faraday Future's corporate and financial status, which is crucial for investors to assess the company's ongoing operations and potential risks.

Risk Assessment

Risk Level: medium — The filing itself is a routine disclosure, but the company's financial health and operational status, which would be detailed within the full filing, could present significant risks.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• Faraday Future Intelligent Electric Inc. (company) — Registrant
• Property Solutions Acquisition Corp. (company) — Former company name
• September 13, 2024 (date) — Date of report
• Delaware (jurisdiction) — State of incorporation
• 001-39395 (identifier) — Commission File Number

FAQ

Key Financial Figures

• $0.0001 — tered Class A common stock, par value $0.0001 per share FFIE The Nasdaq Stock Mar
• $110,400.00 — A common stock at an exercise price of $110,400.00 per share FFIEW The Nasdaq Stock Ma

Filing Documents

• ea0214549-8k_faraday.htm (8-K) — 42KB
• ea021454901ex99-1_faraday.htm (EX-99.1) — 306KB
• ea021454901ex99-2_faraday.htm (EX-99.2) — 48KB
• 0001213900-24-078666.txt ( ) — 680KB
• ffie-20240913.xsd (EX-101.SCH) — 4KB
• ffie-20240913_def.xml (EX-101.DEF) — 26KB
• ffie-20240913_lab.xml (EX-101.LAB) — 36KB
• ffie-20240913_pre.xml (EX-101.PRE) — 25KB
• ea0214549-8k_faraday_htm.xml (XML) — 6KB

01 Other Events

Item 8.01 Other Events. Faraday Futur e Intelligent Electric Inc. (the "Company") previously reported that: on March 8, 2022, plaintiff Farazmand filed a Verified Stockholder Derivative Complaint on behalf of the Company in the United States District Court for the Central District of California alleging violations of Sections 14(a), 10(b), and 21D of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), breaches of fiduciary duty, unjust enrichment, abuse of control, gross mismanagement, and waste of corporate assets, originally captioned Farazmand v. Breitfeld et al. , Case No. 2:22-cv-01570-CAS-JC (the " Farazmand Action"); on March 21, 2022, plaintiff Zhou filed a Verified Stockholder Derivative Complaint on behalf of the Company in the United States District Court for the Central District of California alleging violations of Sections 14(a), 10(b), and 21D of the Exchange Act, as well as for breaches of fiduciary duty and aiding and abetting, captioned Zhou v. Breitfeld et al. , Case No. 2:22-cv-01852-CAS-JC (the " Zhou Action") 1 ; on April 11, 2022, plaintiff Moubarak filed a Verified Stockholder Derivative Complaint in the United States District Court for the District of Delaware asserting claims for violations of Sections 14(a), 10(b), and 21D of the Exchange Act, as well as for breaches of fiduciary duty, aiding and abetting, and waste of corporate assets, captioned Moubarak v. Breitfeld et al. , Case No. 1:22-cv-00467-GBW; on April 25, 2022, plaintiff Wang filed a Verified Stockholder Derivative Complaint in the United States District Court for the District of Delaware, asserting claims for violations of Sections 14(a), 10(b), and 21D of the Exchange Act, as well as for breaches of fiduciary duty, aiding and abetting, and unjust enrichment, captioned Wang v. Breitfeld et al. , Case No. 1:22-cv-00525-GBW; on June 26, 2023, plaintiff Wallace filed a Verified Stockholder Derivative Complaint in the Delaware Court of Chancery making

01 Financial Statements and Exhibits

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 Stipulation and Agreement of Settlement, dated July 19, 2024. 99.2 Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions, issued September 13, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 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: September 13, 2024 By: /s/ Jonathan Maroko Name: Jonathan Maroko Title: Interim Chief Financial Officer 3

View Full Filing

View this 8-K filing on SEC EDGAR