Faraday Future Intelligent Electric (FFIE) Registration Filing summary

Company overview and business model

• Designs and manufactures next-generation intelligent, connected electric vehicles, with operations in the U.S., China, and the Middle East.

• Focuses on luxury and performance EVs, leveraging AI and user-centered innovations, including the FF 91 and FX Super One models.

• Pursues a dual strategy integrating automotive and crypto/Web3 platforms, including a controlling stake in AlxCrypto Holdings.

• Operates through a Delaware holding company structure, with significant subsidiaries in the U.S., China, and Hong Kong.

• Expanding global presence with B2B pre-orders, regional production plans, and strategic partnerships in the Middle East.

Financial performance and metrics

• Raised over $100 million in capital since September 2024, with positive net cash flow in Q3 and Q4 2024.

• Secured $30 million in December 2024, $41 million in March 2025, and $105 million in July 2025 through convertible notes and warrants.

• As of January 28, 2026, 205,376,816 shares of Class A Common Stock were outstanding.

• Share price closed at $0.82 on February 5, 2026; public warrants at $0.0231.

• No cash dividends paid to date; earnings are retained for business operations.

Use of proceeds and capital allocation

• Company will not receive proceeds from the resale of shares by selling securityholders.

• Proceeds from the exercise of incremental warrants, if exercised for cash, will be used for working capital and general corporate purposes.

• Capital raised supports core business operations, FX strategy ramp-up, and expansion initiatives.