· 公司預計將有充足資金滿足 FX Super One的生產交付，並加快FF 和 FX 品牌產品及 AI 相關技術的開發和交付。

· 717 FX Super One、Super EAI F.A.C.E.暨FF EAI 具身智能體6x4 架構全球首次發佈進入最後兩天倒計時。

北京時間2025年7月17日（美國加州7月16日）——總部位於美國加州的全球共享智能電動出行生態公司 Faraday Future Intelligent Electric Inc.（納斯達克代碼：FFAI）（以下簡稱“Faraday Future”或“FF”或“公司”）今天宣佈，公司已簽訂了約 1.05 億美元的融資協議，包括下文所述的 8200 萬美元新融資。融資到位後，公司預計將有充足資金來推出新車型FX Super One，並計劃利用這些資金加速 FF 和 FX 品牌產品及AI相關技術的開發和交付，加速FX Super One 生產交付。 

“獲得1.05 億美元的額外資金，將顯著增強公司推出 FX Super One 和生產交付的能力”，Faraday Future 全球總裁 Jerry Wang 表示，“憑藉我們的高效運營，我們計劃最大限度地發揮這筆資金的作用，進一步推動我們的戰略實現，爲美國大衆提供高性價比 EAIEV併成爲這個市場的領導者。”

上述約 1.05 億美元融資中， 8200 萬美元爲新獲的融資承諾（“新融資”），主要形式爲無擔保可轉換票據（“可轉換票據”）和認股權證（“認股權證”），用於認購公司 A 類普通股的額外股份（“新融資”）；其餘資金來自現有投資人，基於先前融資中發行的可轉換證券的轉換和行權而獲得資金。爲新融資所發票據的初始轉股價格爲A 類普通股於2025 年 7 月 11 日的收盤價和本協議日後兩個交易日的加權日平均價格中的較低者（“轉股價格”）， 而認股權證的初始行權價爲轉換價的 120%，前述轉股價和行權價可視情況進行某些調整。Univest Securities擔任新融資的配售代理。

新融資主要來自現有機構投資者，包括公司的中東戰略合作伙伴Master Investment Group，一家來自阿聯酋拉斯海馬的 Sheikh Abdulla Al Qassimi 的投資公司。一些新的機構投資者也參與了本次新融資。與之前的近期融資相比，新融資的條款對公司更有利，包括大幅減少認股權證發行以減少稀釋，以及投資者的鎖定期，鎖定期到期日爲以下兩個時間點取早：（i） 新融資第二次交割日起 6 個月，（ii）公司有權自行決定提交的、第二次交割日時向此類投資者發行證券的轉售註冊聲明的生效日。這表明投資者的強烈信心。

新融資中發行的與可轉換票據和認股權證相關的 A 類普通股初始並未註冊和流通。本融資須符合慣例成交條件。更多與本次融資相關的重大條款信息，請參閱公司將於 2025 年 7 月 16 日向美國證券交易委員會提交的 8-K 表。 

根據《證券法》第 4（a）（2） 條和《證券法》第 D 條第 506 條對不涉及任何公開發行的發行人的交易的豁免，可轉換票據以及新融資中的認股權證和其他證券將在不受 1933 年《證券法》（經修訂）的註冊要求（“證券法”）的交易要求約束的交易中進行發售和出售，並依賴於適用州法律下的類似豁免。

本新聞稿不構成出售可轉換票據的要約或購買可轉換票據的要約邀請，也不構成在任何司法管轄區的要約、邀請或出售，如果根據任何此類司法管轄區的證券法，在登記或獲得資格之前此類要約、邀請或出售是非法的。 

美國證券交易委員會（SEC）的Wells通知

歷時三年多的美國證券交易委員會（SEC）調查終於初步告一段落——SEC日前對公司及其兩名高管YT Jia 先生和 Jerry Wang 先生，以及另外兩名公司前員工，發出了（SEC）的 Wells 通知，針對他們可能違反了聯邦證券法的某些反欺詐規定,初步建議對他們提起執法訴訟。若公司、Jerry 和賈躍亭先生能夠與SEC妥善解決相關事項，這可能有助於公司與頂級投資銀行、主要機構投資者以及戰略投資方建立進一步合作關係。

相關違規行爲主要涉及公司在 2021 年 PIPE 融資及 SPAC 上市過程中，存在關於以下兩類事項的涉嫌虛假或誤導性陳述：(i) 關聯交易；以及 (ii) YT Jia先生在公司中的角色。

如SEC最終決定採取執法行動，可能會尋求禁令或責令停止未來對聯邦證券法條款的任何違反行爲，並可能要求處以民事罰款、追繳非法所得或其他SEC有權實施的衡平救濟措施，或上述多項措施的組合。針對個人，還可能包括禁止其擔任上市公司高管或董事。

需要強調的是，Wells 通知既不構成正式指控，也不代表受通知方被最終認定違反任何法律，而是SEC工作人員作出的初步判斷，建議向SEC委員推薦授權提起執法訴訟。公司、Jerry 和 YT 接下來將與SEC工作人員溝通，澄清爲何不應採取執法行動。如果SEC最終決定採取執法程序，且雙方未能達成和解，SEC將需要通過正式訴訟程序推進，屆時，公司、Jerry 和/或 YT將有機會爲自己辯護。有關 Wells 通知的更多信息，請參閱公司將於 2025 年 7 月 16 日向 SEC 提交的 8-K 表格。 

公司始終致力於“股東股民First”的原則，並致力於實現股東長期價值的最大化。

Faraday Future Secures $105 Million in Financing to Fund the Company’s Aggressive Growth Strategy, Launch of the FX Super One and Advancement of the Company’s Position in the AIEV Market

·      The Company expects that it will have sufficient capital to launch its new product, FX Super One and accelerate development and distribution efforts for its FF and FX brands and AI-related technologies.

Los Angeles, CA (July 16, 2025) – Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has secured approximately $105 million in new cash financing, which includes $82 million of new financing commitments described below. The Company expects that it will have sufficient capital to launch its new product, FX Super One, upon closing of the financing, and intends to use the funds to accelerate development and distribution efforts for its FF and FX brands and AI-related technologies, support the ramp up of FX Super One initial production while building on the momentum for the upcoming product launch taking place on July 17, 2025.

“The $105 million in additional funding will significantly strengthen the Company’s ability to launch FX Super One and scale up the production readiness,” said Jerry Wang, Global President of Faraday Future. “With our efficient operation, we plan to maximize the impact of this capital to further drive our strategy to be a leader in the U.S. market for affordable AI EVs.”

The $105 million transaction is structured with a $82 million in new financing commitments (“New Financing”), primarily in the form of unsecured convertible notes (“Convertible Notes”) and warrants (“Warrants”) to acquire additional shares of the Company’s Class A common stock (the “New Financing”) and $22 million in cash received from previous investors pursuant to the conversion and exercise, as applicable of convertible securities issued in prior financings. The initial conversion price of the Notes to be issued in the New Financing is the lower of the market closing price of the Company’s Class A common stock on July 11, 2025 and the average daily weighted average price of the Class A common stock for the two trading days following the date hereof (“Conversion Price”), and initial Warrant exercise price is 120% of the Conversion Price, in each case, subject to certain adjustments. Univest Securities is acting as the Placement Agent for the New Financing.

The New Financing is mainly funded by existing fundamental institutional investors, including Master Investment Group, the Company’s Middle East strategic partner and investment firm of Sheikh Abdulla Al Qassimi from Ras Al Khaimah, United Arab Emirates. Certain new fundamental institutional investors also participated in the New Financing. The terms of the New Financing is more favorable to the Company compared to the previous recent financing, including a meaningful reduction in warrant issuance to reduce dilution, and a lockup from investors ending on the earlier of (i) 6 months from the date of the second closing for the New Financing and (ii) the effectiveness of a registration statement registering for resale by the investors the securities issued to such investors at such second closing, which the Company has the option to file in its sole discretion, demonstrating strong confidence from investors.

The shares of Class A common stock underlying the Convertible Notes and Warrants to be issued in the New Financing will initially be unregistered and not immediately tradable. The Financing is subject to customary closing conditions. For additional information regarding the material terms relating to the Financing, please see the Company’s Form 8-K to be filed with the SEC on July 16, 2025.

The Convertible Notes, along with the Warrants and other securities in the New Financing, will be offered and sold in a transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant to the exemption for transactions by an issuer not involving any public offering under Section 4(a)(2) of the Securities Act and Rule 506 of Regulation D of the Securities Act and in reliance on similar exemptions under applicable state laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the convertible notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Wells Notice from SEC

The Company and two of its executives, Mr. YT Jia and Mr. Jerry Wang, and two other former Company employees, recently received a Wells Notice from the U.S. Securities and Exchange Commission (the “Commission”) stating that the Commission staff made a preliminary determination to recommend that the Commission file an enforcement action against them, alleging violations of various anti-fraud provisions of the federal securities laws, marking a preliminary conclusion to the more than three-year investigation. If the Company, Jerry and YT are able to resolve these matters with the Commission, it could facilitate the Company’s engagement with top-tier investment banks, major institutional investors, and strategic investors.

The alleged violations generally pertain to purported false or misleading statements in connection with the Company’s 2021 PIPE and SPAC listing, relating to (i) related party transactions and (ii) Mr. YT Jia’s role in the Company.  An enforcement action may seek an injunction or cease-and-desist order against future violations of provisions of the federal securities laws, the imposition of civil monetary penalties, disgorgement or other equitable relief within the SEC’s authority, or any combination of the foregoing. In the case of individuals, an enforcement action may also seek a bar from serving as an officer or director of a public company.

A Wells Notice is neither a formal charge of wrongdoing nor a final determination that the recipient has violated any law but is a preliminary determination by the Commission staff to recommend to the Commissioners of the Commission that they authorize the filing of an enforcement action. The Company, Jerry and YT plan to engage with the Commission staff about why an enforcement action is not warranted. If the Commission determines to proceed with an enforcement action and the parties do not reach a settlement, the Commission would need to proceed through a formal litigation process, during which the Company, Jerry and/or YT, as applicable, could defend themselves. For additional information regarding the Wells Notice, please see the Company’s Form 8-K to be filed with the SEC on July 16, 2025.

The Company remains committed to its “Shareholder First” principle and to maximizing long-term stockholder value.

ABOUT FARADAY FUTURE

Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF 91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit https://www.ff.com/us/.

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, which include statements regarding the successful closings of the Financing, the anticipated use of funds from the Financing, the FX strategy and plans for the FX brand, the target to roll off the first FX vehicle by the end of 2025, the Company’s ability to deliver the three key AI directions outlined in its previous AI announcements, the products offered by the Company and the markets in which it operates and the Company’s projected future results and market opportunities, are not guarantees of future performance, conditions or results and 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: that the closings of the Financing could be delayed or not occur at all; the timing for the two prototype mules to clear U.S. customs; the Company’s ability to continue as a going concern and improve its liquidity and financial position; the Company’s ability to pay its outstanding obligations; the Company’s ability to remediate its material weaknesses in internal control over financial reporting and the risks related to the restatement of previously issued consolidated financial statements; the Company’s limited operating history and the significant barriers to growth it faces; the Company’s history of losses and expectation of continued losses; the success of the Company’s payroll expense reduction plan; 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 Company’s ability to cover future warranty claims; the success of other competing manufacturers; the performance and security of the Company’s vehicles; current and potential litigation involving the Company; the Company’s ability to receive funds from, satisfy the conditions precedent of 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; the Company’s indebtedness; the Company’s ability to use its "at-the-market" program; insurance coverage; general economic and market conditions impacting demand for the Company’s products; potential negative impacts of a reverse stock split; potential cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; circumstances outside of the Company’s control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks and civil unrest; risks related to the Company’s operations in China; the success of the Company’s remedial measures taken in response to the Special Committee findings; the Company’s, and certain of its key executives, receipt of “Wells Notices” from the SEC and any potential SEC enforcement action related thereto; the Company’s dependence on its suppliers and contract manufacturer; the Company’s ability to develop and protect its technologies; the Company’s ability to protect against cybersecurity risks; 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 Annual Report on Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC.

CONTACTS:

Investors (English): ir@faradayfuture.com

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

Media: john.schilling@ff.com

一切，只爲初衷的堅守！

訂閱Faraday Future官方公衆號，

瞭解FF第一手消息！

新物種，歡迎點擊“閱讀原文”預訂