SC 13G: FARADAY FUTURE INTELLIGENT ELECTRIC INC.
Ticker: FFAIW · Form: SC 13G · Filed: Oct 8, 2024 · CIK: 1805521
Sentiment: neutral
Topics: sc-13g
AI Summary
SC 13G filing by FARADAY FUTURE INTELLIGENT ELECTRIC INC..
Risk Assessment
Risk Level: low
Filing Stats: 1,537 words · 6 min read · ~5 pages · Grade level 13.1 · Accepted 2024-10-08 20:03:22
Key Financial Figures
- $0.0001 — ssuer) Class A common stock, par value $0.0001 per share (Title of Class of Securitie
Filing Documents
- schedule13g-ffie.htm (SC 13G) — 44KB
- 0001321655-24-000194.txt ( ) — 46KB
If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a Not applicable.
Ownership
Item 4. Ownership. (a) Amount beneficially owned 1,080,294 shares The Reporting Person held 1,080,294 shares of Class A common stock as of October 2, 2024, including 827,526 shares of Class A common stock received on October 2, 2024 as payment for certain outstanding receivables. (b) Percent of class 8.7% Based on shares of Class A common stock outstanding as of August 14, 2024 as stated by the Issuer in its Form 10-Q filed on August 14, 2024. As stated by the Issuer in its Form 8-K filed on August 15, 2024, the Issuer effected a 1-for-40 reverse stock split effective August 16, 2024, which is reflected in the Reporting Person's number of securities beneficially owned reported in this filing. (c) Number of shares as to which the person has (i) Sole power to vote or to direct the vote 1,080,294 shares (see Item 4(a)) (ii) Shared power to vote or to direct the vote 0 shares (iii) Sole power to dispose or to direct the disposition of 1,080,294 shares (see Item 4(a)) (iv) Shared power to dispose or to direct the disposition of 0 shares
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class. Not applicable.
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. Page 3 of 6 Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person. Not applicable.
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group. Not applicable.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group. Not applicable.
Certifications
Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11. Page 4 of 6 SIGNATURE After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the information set forth in this statement is true, complete and correct. Dated October 8, 2024 PALANTIR TECHNOLOGIES INC. By s Scott S. Hsu Name Scott S. Hsu Its Attorney-in-Fact Page 5 of 6 LIMITED POWER OF ATTORNEY The undersigned, as an officer or director of Palantir Technologies Inc. (the " Corporation "), hereby constitutes and appoints Justin V. Laubach and Scott S. Hsu, and each of them, the undersigned's true and lawful attorneys-in-fact and agents to (1) complete and execute for and on behalf of the Corporation, Forms 144, Forms 3, 4 and 5 and other forms as any such attorney-in-fact and agent shall in his or her discretion determine to be required or advisable pursuant to Rule 144 promulgated under the Securities Act of 1933, as amended (the " Securities Act "), Section 16 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), and the rules and regulations promulgated thereunder, or any successor laws and regulations, as well as any reports on Schedules 13D or 13G or Forms 13F or 13H and amendments thereto in accordance with Section 13 of the Exchange Act (2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 144, Form 3, 4 or 5, Schedule 13D or Schedule 13G, Forms 13F or 13H, or other such forms or schedules, or any amendment thereto, and