Faraday Future Files Proxy Statement
Ticker: FFAIW · Form: DEFA14A · Filed: Jul 19, 2024 · CIK: 1805521
Sentiment: neutral
Topics: proxy-statement, corporate-governance, filing-update
Related Tickers: FFIE
TL;DR
FFIE filed a DEFA14A, likely for shareholder comms. Watch for votes/news.
AI Summary
Faraday Future Intelligent Electric Inc. filed a DEFA14A on July 19, 2024, related to soliciting material under Rule 240.14a-12. The company, formerly known as Property Solutions Acquisition Corp. until March 4, 2020, is headquartered in New York, NY. This filing indicates ongoing corporate communications and potential shareholder actions.
Why It Matters
This filing is a public notification of corporate communications, which could precede significant shareholder votes or announcements impacting the company's future direction.
Risk Assessment
Risk Level: medium — DEFA14A filings often precede significant corporate events or shareholder votes, which can introduce volatility.
Key Players & Entities
- FARADAY FUTURE INTELLIGENT ELECTRIC INC. (company) — Registrant
- Property Solutions Acquisition Corp. (company) — Former company name
- 20240719 (date) — Filing date
- 20200304 (date) — Date of name change
- 646 502 9845 (phone_number) — Business phone number
FAQ
What is the purpose of this DEFA14A filing?
This DEFA14A filing is classified as soliciting material under Rule 240.14a-12, indicating it is used for communications with shareholders, potentially related to upcoming votes or corporate actions.
When was Faraday Future Intelligent Electric Inc. formerly known by another name?
The company was formerly known as Property Solutions Acquisition Corp. until March 4, 2020.
Where is Faraday Future Intelligent Electric Inc. located?
The company's business and mailing address is 654 Madison Avenue, Suite 1009, New York, NY 10065.
What is the SEC file number for this filing?
The SEC file number for this filing 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: 3,600 words · 14 min read · ~12 pages · Grade level 18.6 · Accepted 2024-07-19 13:07:50
Filing Documents
- ea0209698-defa14a_faraday.htm (DEFA14A) — 55KB
- 0001213900-24-062854.txt ( ) — 56KB
From the Filing
MATERIAL UNDER 240.14A-12 UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy the Securities Exchange Act of 1934 Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under §240.14a-12 FARADAY FUTURE INTELLIGENT ELECTRIC INC. (Name of Registrant as Specified In Its Charter) N/A (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required. Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. On July 18, 2024, Faraday Future Intelligent Electric Inc., a Delaware corporation (“FF” or the “Company) sent the following letters to its stockholders: to FFIE Investor Community Day on July 20th Dear Stockholder, Thank you for registering for the FFIE Investor Community Day. We are pleased to inform you that you have been selected to participate in our event in person on July 20th! Please reply to this email and confirm your attendance. During the event, you will have an exclusive opportunity to visit our Global Headquarters, experience our Ultimate AI TechLuxury FF 91 2.0, and engage with our executive and management team. Please find the agenda below: Agenda (Pacific Time) 9:00 - 10:00: Event Check-in 10:00 - 10:15: Welcome Remarks by FF Executives 10:30 - 12:00: FF Campus Tour and FF 91 Experiences 12:00 - 1:00: Lunch 1:00 - 2:00: Meeting with FF Executive & Management Team Please bring a valid ID for verification upon arrival. Kindly note that transportation and accommodation are not provided, and this invitation is valid for one person only / yourself and (ONE TWO, or THREE) guests . Additionally, please be informed that the Annual Meeting of Stockholders will be held on July 31, 2024. We kindly ask all FF stockholders to vote FOR all proposals, as your votes are critical for Faraday’s future. For voting instructions, please visit our websites: English Voting Instructions Chinese Voting Instructions We look forward to seeing you at the FFIE Investor Community Day! If you have any questions, feel free to email us at events@ff.com. Best regards, Team Faraday Future Additional Information and Where to Find It This communication may be deemed to be solicitation material in connection with the proposals to be submitted to FF stockholders at its annual meeting seeking, among other proposals, approval to increase the number of authorized shares of common stock and to authorize a reverse split and proportionate reduction of authorized shares if the reverse stock split is implemented. In connection with the authorized share increase and the reverse stock split and proportionate reduction of authorized shares, the Company filed a proxy statement filed with the Securities and Exchange Commission (the “SEC”) on July 5, 2024 in connection with the Company’s solicitation of proxies for the vote by the Company’s stockholders with respect to the proposed authorized share increase, reverse stock split and proportionate authorized share reduction proposals, and other matters described therein. The proxy statement was mailed to the Company’s stockholders on or around July 5, 2024. The proxy statement includes information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies in connection with the proposed authorized share increase, reverse stock split and proportionate authorized share reduction. The Company has also filed other documents regarding the proposed authorized share increase, reverse stock split and proportionate authorized share reduction with the SEC. Before making any voting decision, investors and security holders of the Company are urged to read the proxy statement and all other relevant documents filed or that will be filed with the SEC in connection with the proposed authorized share increase, reverse stock split and proportionate authorized share reduction as they become available because they contain important information about these proposals. 1 Investors and security holders can obtain free copies of the proxy statement and all other relevant documents the Company has filed or will file with the SEC through the website maintained by the SEC at www.sec.gov. In addition, the documents filed by the Company may be obtained free of charge from the Company’s website at https://www.ff.com/or by written request to Faraday Future Intelligent Electric at 18455 S. Figueroa Street, Gardena, California 90248. Participants in the Solicitation FF and its Board of Directors and executive officers may