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Faraday Future Plans to Hold a Special Meeting of Stockholders on December 15 to Seek Approval of Key Proposals

FFAI
  • Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) plans to hold a Special Meeting of Stockholders on December 15, 2026, subject to confirmation.
  • The meeting seeks stockholder approval for a Reverse Stock Split Proposal allowing a split ratio of up to 1-for-80 for Class A & Class B common stock.
  • The Board retains full discretion to determine the final ratio & timing of any reverse stock split within one year of approval, contingent on market conditions & company interests.
  • Stockholder approval does not guarantee implementation of the reverse stock split; the Board may choose not to proceed based on best interests.
  • The Reverse Stock Split Proposal aims to provide the Board flexibility to manage capital structure & maintain compliance with Nasdaq listing requirements.
  • An Adjournment Proposal seeks approval to extend the Special Meeting if necessary to allow additional time for proxy solicitation.
  • The Board urges all stockholders to vote FOR all proposals.
  • A preliminary proxy statement was filed with the SEC on November 6, 2026, with the definitive proxy statement expected around November 18, 2026.
  • The Special Meeting is scheduled for 9am Pacific Time on December 15, 2026, at www.virtualshareholdermeeting.com/FFAI2026SM3.
  • FF Global Partners Investment LLC representatives are identified as participants in the proxy solicitation for these proposals.