# FARADAY FUTURE INTELLIGENT ELECTRIC INC. (FFAIW) — capital_raise/atm_program [announced]
Source: SEC API (secapi.ai) · situation sit_bae4e3d41b59f0a60f92 · retrieved 2026-08-16T20:50:48.192Z

## Overview
Faraday Future Intelligent Electric Inc. is a California-based Embodied AI (EAI) ecosystem company focused on developing and commercializing EAI robotics products, including humanoid and bionic robots, and automotive-focused robots.

On August 12, 2026, Faraday Future Intelligent Electric Inc. held a special meeting of stockholders and approved the issuance of senior convertible promissory notes in an aggregate principal amount of $25 million pursuant to a Securities Purchase Agreement dated May 15, 2026. The conversion of these notes into Class A Common Stock would result in dilution equal to 20% or more of the Class A Common Stock outstanding immediately prior to issuance. The company agreed to file a registration statement within 45 calendar days of the closing date to register for resale 200% of the shares issuable upon conversion, and to seek effectiveness within 105 days following the closing date.

## Terms
- Counterparty: Private investors · Deal value: $25.0M · Consideration: mixed · Stake: 20%

## Key dates
- Announced 2026-08-13 · Record 2026-06-17 · Vote 2026-08-12

## Timeline
- 2026-08-13 · 8-K (0001213900-26-088759): 8-K - FARADAY FUTURE INTELLIGENT ELECTRIC INC. — *Faraday Future Intelligent Electric Inc. is a California-based Embodied AI (EAI) ecosystem company focused on developing and commercializing EAI robotics products, including humanoid and bionic robots, and automotive-focused robots.* On August 12, 2026, Faraday Future Intelligent Electric Inc. held a special meeting of stockholders and approved the issuance of senior convertible promissory notes in an aggregate principal amount of $25 million pursuant to a Securities Purchase Agreement dated May 15, 2026. The conversion of these notes into Class A Common Stock would result in dilution equal to 20% or more of the Class A Common Stock outstanding immediately prior to issuance. The company agreed to file a registration statement within 45 calendar days of the closing date to register for resale 200% of the shares issuable upon conversion, and to seek effectiveness within 105 days following the closing date.
  https://www.sec.gov/Archives/edgar/data/1805521/0001213900-26-088759.txt

## Citations
- 0001213900-26-088759 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026088759