Faraday Future held special shareholder meeting, stockholders approved private placement proposal

Faraday Future held a special meeting of stockholders on Aug. 12, 2026.

• Stockholders adopted the private placement proposal to issue common stock to holders of certain convertible notes.
• The proposal relates to a previously announced $25 million May 2026 financing tied to an aggregate $70 million raised over two months.
• The approval authorizes the share issuance; the update did not confirm completion of any resulting issuance or conversion.