FARADAY FUTURE INTELLIGENT ELECTRIC INC. 8-K

What Happened

• Faraday Future Intelligent Electric Inc. announced (via Form 8-K filed Jan 2, 2026) that on December 28, 2025 it entered into mutual warrant termination agreements with warrant holders to terminate and cancel warrants to purchase an aggregate of 44,551,199 shares of the company’s common stock (par value $0.0001).
• The canceled warrants were originally issued under various securities purchase agreements dated May 8, 2023; September 5, 2024; December 21, 2024; March 21, 2025; and July 14, 2025 (and related placement agency agreements where applicable).

Key Details

• Aggregate warrants cancelled: 44,551,199 common shares.
• Effective agreement date: December 28, 2025; Form 8-K filed January 2, 2026.
• Warrants were issued under the May, September, December, March and July SPAs referenced in prior 8-Ks; placement agent for some transactions was Univest Securities, LLC.
• Exhibit included: form of Warrant Termination Agreement (Exhibit 10.1).

Why It Matters

• Cancelling 44.55 million warrants reduces potential future dilution from those instruments, which is a material change to the company’s outstanding dilution overhang.
• Retail investors should note this is a contractual termination (mutual agreement) rather than an issuance or buyback; the filing does not state any cash payments or other consideration in this summary.
• For full terms and any potential conditions or payments, investors should review Exhibit 10.1 (Warrant Termination Agreement) and the referenced SPA filings for context.