Faraday Future Files 8-K with Stock and Warrant Details
Ticker: FFAIW · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1805521
| Field | Detail |
|---|---|
| Company | Faraday Future Intelligent Electric INC. (FFAIW) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $110,400.00, $30 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-action, stock-structure, warrants
Related Tickers: FFIE
TL;DR
FFIE filed an 8-K detailing its stock and warrants as of Jan 28, 2025.
AI Summary
Faraday Future Intelligent Electric Inc. filed an 8-K on January 29, 2025, reporting events as of January 28, 2025. The filing includes information on its common stock and redeemable warrants. The company was formerly known as Property Solutions Acquisition Corp. before changing its name on March 4, 2020.
Why It Matters
This filing provides updated details on the company's capital structure, including its common stock and redeemable warrants, which are important for investors to understand the potential dilution and ownership structure.
Risk Assessment
Risk Level: low — This is a routine filing providing basic corporate information and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Faraday Future Intelligent Electric Inc. (company) — Registrant
- Property Solutions Acquisition Corp. (company) — Former company name
- March 4, 2020 (date) — Date of name change
- January 28, 2025 (date) — Date of earliest event reported
- January 29, 2025 (date) — Filing date
FAQ
What is the par value per share of Faraday Future's common stock?
The filing indicates that FFIE:ClassCommonStockParValue0.0001PerShareMember is associated with the common stock, suggesting a par value of $0.0001 per share.
What is the exercise price for Faraday Future's redeemable warrants?
The filing mentions FFIE:RedeemableWarrantsExercisableForSharesOfClassCommonStockAtExercisePriceOf110400.00PerShareMember, indicating an exercise price of $110,400.00 per share.
When did Faraday Future Intelligent Electric Inc. change its name?
The company changed its name from Property Solutions Acquisition Corp. on March 4, 2020.
What is the Commission File Number for Faraday Future Intelligent Electric Inc.?
The Commission File Number for the registrant is 001-39395.
What is the SIC code for Faraday Future Intelligent Electric Inc.?
The Standard Industrial Classification (SIC) code for the company is 3711, which corresponds to MOTOR VEHICLES & PASSENGER CAR BODIES.
Filing Stats: 546 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2025-01-28 19:37:00
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
- $30 million — had received the net proceeds from the $30 million in financing commitments previously ann
Filing Documents
- ea0229057-8k_faraday.htm (8-K) — 30KB
- ea022905701ex99-1_faraday.htm (EX-99.1) — 9KB
- 0001213900-25-007645.txt ( ) — 258KB
- ffie-20250128.xsd (EX-101.SCH) — 4KB
- ffie-20250128_def.xml (EX-101.DEF) — 26KB
- ffie-20250128_lab.xml (EX-101.LAB) — 36KB
- ffie-20250128_pre.xml (EX-101.PRE) — 25KB
- ea0229057-8k_faraday_htm.xml (XML) — 6KB
01 Other Events
Item 8.01 Other Events. On January 28, 2025, Faraday Future Intelligent Electric Inc. issued a press release announcing that it had received the net proceeds from the $30 million in financing commitments previously announced in December 2024. 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.
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 Press Release, dated January 28, 2025. 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: January 28, 2025 By: /s/ Matthias Aydt Name: Matthias Aydt Title: Global Chief Executive Officer 2