Faraday Future Sells Series A Preferred Stock in Private Placement

Reuters2025-12-30
Faraday Future Sells Series A Preferred Stock in Private Placement

Faraday Future Intelligent Electric Inc. has announced the completion of a private placement involving the sale of one share of its newly designated Series A Preferred Stock to Matthias Aydt for a purchase price of $100. The transaction, which closed on December 22, 2025, was conducted as an unregistered sale of equity securities to an accredited investor and was exempt from registration under Section 4(a)(2) of the Securities Act of 1933. The Series A Preferred Stock is not convertible into other securities and carries special voting rights related to stockholder approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Faraday Future Intelligent Electric Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-126069), on December 29, 2025, and is solely responsible for the information contained therein.

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