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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): October 5, 2023

 

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   FFIE   The Nasdaq Stock Market LLC
Redeemable warrants, exercisable for shares of Class A common stock at an exercise price of $11.50 per share   FFIEW   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 7.01 Regulation FD Disclosure

 

On October 5, 2023, Faraday Future Intelligent Electric Inc. (the “Company”) issued a press release announcing that announced that YT Jia, the Company’s founder and Chief Product and User Ecosystem Officer, will take delivery of an FF 91 2.0 Futurist Alliance this coming weekend at an event taking place at FF’s headquarters in Los Angeles, CA. The Company also announced that, in conjunction with Mr. Jia’s vehicle delivery, the Company plans to unveil a globally acclaimed top music icon who will be joining FF as the next FF 91 2.0 Futurist Alliance user and Developer Co-Creation Officer. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

 

The information contained in this Current Report on Form 8-K, including Exhibit 99.1, 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. The following exhibits are filed with this Current Report on Form 8-K:

 

No.   Description of Exhibits
99.1   Press release of the Company, dated October 5, 2023
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.

 

  FARADAY FUTURE INTELLIGENT ELECTRIC INC.
   
Date: October 5, 2023 By: /s/ Jonathan Maroko
  Name:  Jonathan Maroko
  Title: Interim Chief Financial Officer

 

 

2

 

 

Exhibit 99.1

 

Faraday Future Will Host Another “Delivery Co-Creation Day” for YT Jia, Company Founder and Chief Product and User Ecosystem Officer and Will Announce a Music Icon as the Newest Developer Co-Creation Officer

 

FF intends to soon unveil a globally acclaimed top music icon who will become the next FF 91 2.0 Futurist Alliance user and Developer Co-Creation Officer.

 

Mr. Jia will involve himself in a three-phase Co-Creation process to enhance and improve both the user experience as well as the next generation of FF products.

 

Los Angeles, CA (Oct. 5, 2023) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that YT Jia, FF’s founder and Chief Product and User Ecosystem Officer, will take delivery of an FF 91 2.0 Futurist Alliance this coming weekend at an event taking place at FF’s headquarters in Los Angeles, CA. Mr. Jia continues his focus on the enhancement of the vehicle and its technology, as well as through FF’s Co-Creation mission. Co-Creation refers to an open technology platform that gathers the knowledge of a wider developer community and invites them to collaborate in research and development, fostering the technology architecture and future achievements.

 

As the Company’s founder and Chief Product and User Ecosystem Officer who defined the FF 91 2.0 series from the beginning, Mr. Jia’s Delivery Co-Creation will consist of three phases. On the day of the Delivery Co-Creation event, he will introduce the complete R&D and production process of the FF 91 2.0 via a virtual Company tour and outline the Company’s next phase of Developer Co-Creation strategic planning. Within one month after delivery, Mr. Jia intends to organize the Company’s Executive Product Co-Creation meetings, providing feedback based on his product experiences and continuously enhancing the user experience. One month after product delivery, he will continue to provide ongoing product feedback through daily driving and usage, while also offering reference recommendations for the development of the next generation of FF products.

 

In connection with Mr. Jia’s vehicle delivery, FF is also set to unveil a globally acclaimed top music icon who will be joining FF as the next FF 91 2.0 Futurist Alliance user and Developer Co-Creation Officer. His unique style has taken the music industry by storm, earning him prestigious recognitions including Grammy, MTV Video Music, AMA, and BET Music Awards. This influential global music star serving as an FF Spire User and Developer Co-Creation Officer reflects not only the acknowledgment of FF and its products by prominent icons, but also underscores the value and advantages of FF and its Developer Co-Creation model.

 

The “FF Developer Co-Creation Mission” is an open platform where users can collaborate with the Company. It revolves around the concepts of open platform and user-centricity. By enabling users to actively participate in FF’s entire ecosystem process, the platform aims to collectively enhance the user experience, drive technological innovation, and help establish the “Ultimate AI TechLuxury” brand.

 

The Company is scheduled to host weekly “FF Delivery Co-Creation Days” with Developer Co-Creation Officers throughout October.

 

Users can preorder an FF 91 2.0 vehicle via the FF Intelligent App or through our website

(English): https://www.ff.com/us/preorder/

or (Chinese): https://www.ff.com/cn/preorder/

 

Download the new FF Intelligent App: http://appdownload.ff.com

 

 

 

 

ABOUT FARADAY FUTURE

 

Faraday Future is the pioneer of the Ultimate AI TechLuxury ultra spire market in the intelligent EV era, and the disruptor of the traditional ultra-luxury car civilization epitomized by Ferrari and Maybach. FF is not just an EV company, but also a software-driven intelligent internet company. Ultimately FF aims to become a User Company by offering a shared intelligent mobility ecosystem.

 

FOLLOW FARADAY FUTURE

 

https://www.ff.com/

 

https://www.ff.com/us/mobile-app/

 

https://twitter.com/FaradayFuture

 

https://www.facebook.com/faradayfuture/

 

https://www.instagram.com/faradayfuture/

 

www.linkedin.com/company/faradayfuture/

 

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 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 continue as a going concern and improve its liquidity and financial position; 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 success of other competing manufacturers; the performance and security of the Company’s vehicles; potential litigation involving the Company; the Company’s ability to satisfy the conditions precedent 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; general economic and market conditions impacting demand for the Company’s products; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; 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/A filed with the Securities and Exchange Commission (“SEC”) on August 21, 2023, and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

CONTACTS

 

Investors (English): ir@faradayfuture.com

 

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

 

Media: john.schilling@ff.com