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Faraday Future Intelligent Electric Inc. | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Senyun International Ltd.(9.99%),Bo Zhang(9.99%)

SEC announcement · Feb 14 17:45

FFIE -11.06%

Summary by Moomoo AI

On December 31, 2023, Senyun International Ltd., a Hong Kong-based company, and Bo Zhang, its sole director, filed an amended Schedule 13G with the U.S. Securities and Exchange Commission, disclosing their ownership stake in Faraday Future Intelligent Electric Inc. The filing indicates that Senyun International Ltd. owns 12,896,798 shares of Faraday Future's Class A Common Stock, which includes shares issuable upon conversion of convertible notes, subject to a 9.99% ownership cap. The shares represent approximately 9.99% of the company's outstanding shares. The convertible notes and warrants held by Senyun are subject to conversion and exercise limits to prevent ownership exceeding set thresholds. The filing also clarifies that Bo Zhang disclaims beneficial ownership of the securities owned by Senyun International Ltd. The Schedule 13G amendment was signed and dated February 14, 2024.

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