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Faraday Future Intelligent Electric Inc. | DEF 14A: Definitive information statements

SEC announcement ·  Jan 10 00:00
Summary by Moomoo AI
Faraday Future Intelligent Electric Inc. (FFIE) has announced a Special Meeting of Stockholders to be held virtually on February 5, 2024. The meeting will address five key proposals, including an amendment to increase authorized shares of common stock from 154,437,500 to 1,389,937,500, a reverse stock split of 1-for-3, approval of transactions involving unsecured convertible senior promissory notes and a common stock purchase warrant, a new program for selected employees to purchase Class A Common Stock, and potential adjournments of the meeting if necessary. The Board recommends voting 'FOR' all proposals. The meeting follows a virtual format due to past success in stockholder participation, and stockholders can attend via a live audio webcast. The proposals are detailed in the Proxy Statement mailed to stockholders of record as of December 21, 2023. The Board's recommendations are based on the belief that the proposals are in the best interests of the company and its stockholders.
Faraday Future Intelligent Electric Inc. (FFIE) has announced a Special Meeting of Stockholders to be held virtually on February 5, 2024. The meeting will address five key proposals, including an amendment to increase authorized shares of common stock from 154,437,500 to 1,389,937,500, a reverse stock split of 1-for-3, approval of transactions involving unsecured convertible senior promissory notes and a common stock purchase warrant, a new program for selected employees to purchase Class A Common Stock, and potential adjournments of the meeting if necessary. The Board recommends voting 'FOR' all proposals. The meeting follows a virtual format due to past success in stockholder participation, and stockholders can attend via a live audio webcast. The proposals are detailed in the Proxy Statement mailed to stockholders of record as of December 21, 2023. The Board's recommendations are based on the belief that the proposals are in the best interests of the company and its stockholders.
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