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): September 3, 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 September 3, 2025, Faraday Future Intelligent Electric Inc. (the “Company”) issued a press release (i) announcing that YT Jia, the Company’s Founder and Global Co-Chief Executive Officer, made another round of purchases of the Company’s common stock, par value $0.0001 per share, pursuant to a previously-announced 10b5-1 plan; and (ii) providing further information regarding certain proposals to be voted on at the Company’s special meeting of stockholders on September 19, 2025.
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 September 3, 2025. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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: September 3, 2025
| FARADAY FUTURE INTELLIGENT ELECTRIC INC. | ||
| By: | /s/ Koti Meka | |
| Name: | Koti Meka | |
| Title: | Chief Financial Officer | |
Exhibit 99.1
Faraday Future Founder and Co-CEO YT Jia Makes Second Stock Purchase Under 10b5-1 Plan, Underscoring Confidence in the Company’s Long-Term Strategy
| · | The Company also urges all stockholders to vote FOR all proposals for the FF Special Meeting of Stockholders occurring on September 19. |
Los Angeles, CA (September 3, 2025) – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that FF Founder and Global Co-CEO YT Jia purchased approximately $180,000 of FF common stock on September 2, 2025, which is his second purchase of the Company’s common stock pursuant to his previously adopted Rule 10b5-1 trading plan. The remainder of YT Jia’s purchases are scheduled to occur next week.
As previously disclosed, Mr. Jia intends to purchase a total of approximately $560,000 worth of FF common stock (including commission fees), representing the after-tax portion of his $1.2 million signing bonus in connection with his appointment as Global Co-CEO.
“My decision to reinvest my signing bonus into FF reflects my deep confidence in our long-term strategy and commitment to creating value for our stockholders,” said Jia. “I believe our Dual-Flywheel & Dual-Bridge Strategy will drive transformative growth, and I want to be fully aligned with our stockholders as we execute on this vision.”
Stockholder Vote Solicitation
The Company previously announced that it will hold a Special Meeting of Stockholders on September 19, 2025, to seek approval for proposals aimed at supporting the Company’s strategic initiatives and long-term growth. Key proposals include an increase in authorized shares, a change in the Company’s name, an approval of the issuance of Common Stock to holders of certain convertible notes and warrants and an amendment to the Company’s Amended and Restated 2021 Stock Incentive Plan (the “2021 Plan”). The Company urges all stockholders to vote FOR all proposals.
Particularly, the 2021 Plan amendment proposal would enable the Company to continue offering long-term equity incentives as a competitive alternative to cash compensation. This helps attract, motivate, and retain top talent, while driving strategic execution and delivering long-term stockholder value.
The authorized shares under the Company’s 2021 Plan currently represent only about 1.5% of the Company’s outstanding common stock, which is significantly below industry levels. Therefore, at this stockholder meeting, the Company is seeking approval to add 9,500,000 shares of common stock to the equity incentive reserve. Even with this increase, the total number of shares reserved for equity incentives would represent nearly 7% of the Company’s current total authorized shares, or nearly 5% of the Company’s total authorized shares if the proposed share increase authorization is approved.
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/
CONTACTS
Investors (English): ir@faradayfuture.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com