Faraday Future Announces 2025 Annual Meeting to Advance Strategic Growth and Shareholder Value
Faraday Future Intelligent Electric Inc. has officially announced that it will hold its Annual General Meeting of Stockholders (“Annual Meeting”) on May 28, 2025. At this pivotal gathering, shareholders will be asked to approve several critical proposals that are key to the Company’s ongoing strategic execution and long-term vision. Faraday Future strongly encourages all stockholders to vote in favor of all proposals, which are designed to enhance corporate governance, strengthen financial flexibility, and further advance the FF and FX dual-brand strategy.
Key Proposals to Be Presented
The upcoming meeting includes five central proposals, each of which serves a distinct purpose in ensuring Faraday Future’s ability to meet both regulatory requirements and market opportunities.
1. Director Election Proposal
The Company proposes the election of five board members: Matthias Aydt, Chad Chen, Chui Tin Mok, Jie Sheng, and Lev Peker. If approved, these individuals will serve until the 2026 Annual Meeting or until their successors are duly elected and qualified. This proposed board slate brings continuity and a mix of strategic, financial, and operational expertise vital for navigating Faraday Future’s next growth phase.
2. Private Placement Proposal
To comply with Nasdaq Listing Rule 5635(d), shareholders are asked to approve the issuance of common stock related to certain convertible notes and warrants. This measure is crucial for maintaining the Company’s capital health and market listing compliance, while enabling future investment and operational scalability.
3. Share Authorization Proposal
This proposal seeks to amend the Company’s charter to increase the number of authorized shares as follows:
- Common stock will increase by 38 million shares, from 129,245,313 to 167,245,313 shares.
- Preferred stock will increase by 2.9 million shares, from 10 million to 12.9 million shares.
This expansion brings the total authorized share count to 180,145,313. Importantly, this amendment does not affect the currently outstanding shares, but rather enables greater financial agility for strategic partnerships, M&A activity, and future funding initiatives.
4. Name Change Proposal
Faraday Future proposes to change its legal name from Faraday Future Intelligent Electric Inc. to Faraday Future AI Electric Vehicle Inc. This change reflects the Company’s enhanced focus on artificial intelligence (AI) and its integration into intelligent mobility, vehicle systems, and the user experience. The new name aligns with its FFAI ticker symbol and reinforces the Company’s leadership ambitions in the AI-powered electric vehicle (EV) market.
5. Adjournment Proposal
If needed, the Company seeks approval to adjourn the meeting to solicit additional proxies should there be insufficient votes to pass the other proposals. This standard governance tool ensures flexibility in securing shareholder support.
Proposals Support Strategic Execution and Long-Term Vision
These proposals go beyond routine governance—they are foundational steps in empowering Faraday Future’s strategic roadmap.
Strengthened Board Governance
By electing experienced and strategically aligned directors, the Company reinforces its governance infrastructure. These leaders will provide oversight and guidance as Faraday Future accelerates its global operations and advances both its FF and FX brands.
Fueling Financial and Structural Growth
The Share Authorization and Private Placement Proposals are essential to the Company’s ability to fund ongoing initiatives. These include:
- Scaling production and delivery of the FF 91 2.0, the brand’s flagship ultra-luxury AI EV.
- Supporting the FX strategy, which aims to disrupt the mass-market EV segment.
- Providing operational capital to fulfill existing commitments and explore new partnerships.
FX Strategy Gains Momentum with First Vehicle Rollout in Sight
Backed by shareholder support and energized by strategic execution, Faraday Future’s FX strategy is gaining significant traction.
- The Company is entering the final stretch toward the first FX vehicle rollout by year-end.
- The FX prototype has been cleared for public road testing, beginning next week in a variety of complex real-world environments. These tests will include autonomous driving system evaluations.
- The first production model, the Super One, is on track to debut in late June 2025.
- Interest from U.S. consumers, fleet operators, and car rental partners has exceeded internal expectations, with substantive orders and partnerships expected to be announced soon.
- FX CEO Max Ma has participated in high-level discussions at the White House, representing Faraday Future in key conversations on global tariffs, domestic manufacturing, and EV innovation.
Defending Shareholder Value with a Five-Pronged Offensive
Faraday Future recognizes the critical role of shareholders not only as capital contributors, but also as participants in its long-term governance. To defend shareholder value, restore market confidence, and address emerging threats, the Company has launched five major initiatives under its campaign titled: “Battle to Achieve the Dream — Counterattack Against Potential Illegal Short Selling.”
1. Capital Strategy Offensive
- The Company reaffirms its opposition to a reverse stock split, unless it becomes absolutely necessary to maintain Nasdaq compliance.
- Proceeds from equity and convertible debt offerings will be deployed with discipline, targeting high-value business initiatives with minimal shareholder dilution.
- A new round of executive share purchases is being prepared, pending legal clearance and regulatory windows.
- The Company has already initiated investigations into potential illegal short selling activities, having contacted several brokers. A second wave of investigative efforts and potential legal action are being considered.
2. Turning Tariff Risks into Strategic Leverage
- Faraday Future is proactively engaging with U.S. officials to shape automotive policy and mitigate the impact of global tariffs.
- The Company has proposed constructive measures to strengthen U.S.–China cooperation in the EV sector and has laid out a pathway for its FX brand’s growth in the American market.
- FX leadership is actively participating in policy discussions, aiming to influence regulatory frameworks that will shape the industry’s future.
3. FX Strategy Acceleration
- On-road testing of FX prototypes will commence imminently, validating performance in real-world driving conditions.
- This step marks a significant milestone in the countdown to commercial production.
4. Investor Transparency and Engagement
- On April 24, the Company will host its first Investor Community and Co-Creation Day in Los Angeles.
- The event will offer a unique chance for stakeholders to engage with leadership, witness technology demonstrations, and gain deeper insights into strategic priorities.
- The goal: close the information gap, promote two-way dialogue, and showcase the Company’s progress.
5. Organizational and Governance Reform
- A comprehensive transformation is underway to unlock execution potential and drive operational efficiency.
- Changes include streamlined decision-making, performance accountability, and an increased focus on global scalability.
CEO Perspective: Laying the Foundation for Rapid Global Growth
“These proposals are not just about governance mechanics—they are about building the structural backbone that allows us to scale with confidence,” said Matthias Aydt, Global CEO of Faraday Future. “Our dual-brand vision—with FF 91 at the Ultimate AI Techluxury end and FX addressing the mass market—is gaining real traction with customers, investors, and partners around the globe.”
Aydt emphasized that the Share Authorization Proposal, in particular, will provide the financial flexibility needed to seize emerging opportunities—from securing new capital and forming global alliances to deepening relationships with institutional investors. “It also signals confidence in our future and in the broader demand for Faraday Future’s technology and product roadmap,” he added.
Call to Action: Shareholder Support Matters
Faraday Future’s leadership urges all stockholders to cast their votes in favor of all five proposals at the upcoming Annual Meeting. These decisions are pivotal to driving the Company’s next phase of growth, enhancing shareholder value, and cementing its leadership in the next era of AI-powered electric vehicles.
The Annual Meeting will be held on May 28, 2025. Shareholders of record are encouraged to vote early.
