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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 28, 2025

 

Faraday Future Intelligent Electric Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-39395   84-4720320
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
of incorporation)       Identification No.)

 

18455 S. Figueroa Street    
Gardena, CA   90248
(Address of principal executive offices)   (Zip Code)

 

(424) 276-7616 

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on
which registered
Class A common stock, par value $0.0001 per share   FFAI   The Nasdaq Stock Market LLC
Redeemable warrants, exercisable for shares of Class A common stock at an exercise price of $110,400.00 per share   FFAIW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 


 

Item 8.01 Other Events.

 

On August 28, 2025, Faraday Future Intelligent Electric Inc. (“Faraday Future”) issued a press release announcing the appointment of George Li as Head of Faraday Future and Faraday X’s Global Supply Chain. 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.

 

Item 9.01. Financial Statements and Exhibits

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release dated August 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.

 

Date: August 28, 2025 

 

  FARADAY FUTURE INTELLIGENT ELECTRIC INC.
   
  By: /s/ Koti Meka
  Name: Koti Meka
  Title: Chief Financial Officer

 

 

2

 

 

EX-99.1 2 ea025507401ex99-1_faraday.htm PRESS RELEASE DATED AUGUST 28, 2025

Exhibit 99.1

 

Faraday Future Appoints Veteran Automotive Supply Chain Management Leader George Li to Head of FF and FX Global Supply Chain, Bridging Key Talent Needs

 

Mr. Li will be responsible for the overall supply chain function at FF and FX and also serves as FF China CSGO (Chief Strategic Cooperation & Business Growth Officer), working closely with regional and functional teams to strengthen supplier partnerships, enhance operational resilience, and drive efficiency across our value chain

 

Mr. Li’s career includes senior supply chain leadership roles at Dreamer Technology, NIO, Li Auto, Faurecia, Magna, and Delphi, successfully managing supply chain operations, supplier partnerships, and large-scale procurement strategies.

 

Los Angeles, CA (August 28, 2025) -- Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“FF”, “Faraday Future”, or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that supply chain industry veteran George Li has joined FF as head of both the FF and FX Global Supply Chain group. At FX, George will assume full responsibility for the overall supply chain function, working closely with regional and functional teams to strengthen supplier partnerships, enhance operational resilience, and drive efficiency across our value chain. At FF, his appointment reinforces the Company’s commitment to building a world-class global supply chain organization that supports FF’s innovation and long-term growth.

 

George brings with him a wealth of experience and proven leadership in the automotive industry. Over the course of his distinguished career, he has held senior supply chain leadership roles at Dreamer Technology, NIO, Li Auto, Faurecia, Magna, and Delphi, successfully managing supply chain operations, supplier partnerships, and large-scale procurement strategies. His extensive experience at Li Auto and NIO will be particularly valuable in further developing our supplier ecosystem in China and globally.

 

Another important role for George is serving as China CSGO (Chief Strategic Cooperation & Business Growth Officer), reporting to both Max Ma and China Rotating Head (Shisheng Cheng). In this capacity, he will lead cooperation between FF and our strategic partners in China, helping to further strengthen and stabilize our “Bridge Strategy.” China’s top automotive execs having optimism and trust in FF and FX US China automotive bridge strategy.

 

“George’s arrival reflects his strong confidence in FX’s Global Automotive Industry Bridge Strategy and its future potential. We believe his addition will significantly elevate and positively impact both the FF and FX vehicle programs,” said Xiao (Max) Ma, Global CEO of FX. “George’s leadership and deep supply chain expertise will help FX accelerate success, reduce unnecessary costs, and ensure flawless execution of our vehicle programs. He will also play a key role in rapidly building our global supply chain team and further strengthening FX’s overall global supply chain system.”

 

ABOUT FARADAY FUTURE

 

Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF91, exemplifies its vision for luxury, innovation, and performance. The new FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. For more information, please visit https://www.ff.com/us/.

 

FORWARD LOOKING STATEMENTS

 

This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding Geroge Li’s anticipated contributions to FF and FX, FF and FX product development, and FF and FX market positioning, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.

 


 

Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to secure the necessary funding to execute on the FX strategy, which will be substantial; the Company’s ability to secure agreements with OEMs that are necessary to execute on the FX strategy; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company’s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of and close on the various financings described elsewhere by the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s indebtedness; the Company’s ability to cover future warranty claims; the Company’s ability to use its “at-the-market” program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company’s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; risks related to the Company’s operations in China; the success of the Company’s remedial measures taken in response to the Special Committee findings; the Company’s dependence on its suppliers and contract manufacturer; the Company’s ability to develop and protect its technologies; the Company’s ability to protect against cybersecurity risks; and the ability of the Company to attract and retain employees, any adverse developments in existing legal proceedings or the initiation of new legal proceedings, and volatility of the Company’s stock price. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and Form 10-Q filed on August 19, 2025, and other documents filed by the Company from time to time with the SEC.

 

CONTACTS

 

Investors (English): ir@faradayfuture.com

 

Investors (Chinese): cn-ir@faradayfuture.com

 

Media: john.schilling@ff.com