IPO - FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Form Type: S-1

Filing Date: 2025-01-31

Corporate Action: Ipo

Type: New

Accession Number: 000121390025008520

Filing Summary: Faraday Future Intelligent Electric Inc. is filing a registration statement for an initial public offering (IPO) of its Class A Common Stock. This registration statement, filed on January 30, 2025, focuses on the offering by the company and selling securityholders of up to 25,120,504 shares. This includes 24,346,321 shares which are issuable upon conversion of certain unsecured convertible promissory notes linked to the December SPA Notes and 774,183 shares issued in settlement to HSL s.r.l. The filing outlines the operations of FFIE, a holding company conducting business primarily through subsidiaries in the U.S. and China. Risks associated with the Chinese government regulations impacting operations in China are highlighted, as well as the high degree of investment risks. The document states that FFIE is an emerging growth company, and investor attention is directed to the appended risk factors which must be considered before making investment decisions. Furthermore, it provides financial details regarding their shares, their market impact, and the company's position in the automotive industry, focusing on their innovations and business model in electric vehicle manufacturing.

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