FARADAY FUTURE INTELLIGENT ELECTRIC INC. 8-K

What Happened

• Faraday Future Intelligent Electric Inc. (FFAI) filed an 8‑K reporting results of a special meeting of stockholders held February 13, 2026 (record date December 23, 2025). A quorum was present with 105,072,204 shares (about 51.08% of voting power).
• Stockholders approved a charter amendment to increase authorized shares of common and preferred stock. A separate proposal to change the company name to “Faraday Future AI Electric Vehicle Inc.” was not approved. An adjournment proposal (to allow further proxy solicitation if needed) was approved.

Key Details

• Authorized shares change approved: increase Common Stock by 79,814,454 (from 232,470,985 to 312,285,439) and Preferred Stock by 6,156,265 (from 17,931,000 to 24,087,265). Total authorized shares rise from 250,401,985 to 336,372,704.
• Voting results for the share authorization (Proposal 1): For 5,319,172,173; Against 1,710,241,356; Abstentions 17,136,070; Broker non-votes 58,522,605. These totals include 7,000,000,000 votes represented by one share of Series A preferred stock that voted in proportion to common stock votes.
• Name change (Proposal 2) failed: For 72,503,928; Against 32,457,561; Abstentions 110,715 — not a majority of the outstanding voting power of common and Series B preferred shares voting as a class.
• Adjournment (Proposal 3) approved: For 90,636,356; Against 14,224,531; Abstentions 211,317. The filing also includes a press release as Exhibit 99.1.
• The 8‑K contains customary Item 8.01 legal language clarifying certain disclosure treatment (boilerplate regarding Section 18 liabilities).

Why It Matters

• Approving more authorized shares gives FFAI the legal ability to issue more common or preferred stock in the future (for capital raises, financing, equity awards, or corporate transactions). That creates potential flexibility for the company but also represents a potential source of future dilution for existing shareholders.
• The rejection of the name-change proposal means the company will remain Faraday Future Intelligent Electric Inc. for now. The approved adjournment allows management to continue proxy solicitation if additional votes are needed for future actions. Investors should monitor subsequent filings for any stock issuances or further corporate actions enabled by the increased authorization.