|8-KFeb 20, 4:10 PM ET

FARADAY FUTURE INTELLIGENT ELECTRIC INC. 8-K

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Faraday Future (FFAI) Amends Charter to Increase Authorized Shares

What Happened
Faraday Future Intelligent Electric Inc. (FFAI) filed a Certificate of Amendment with the Delaware Secretary of State to increase the number of authorized shares in its charter. The amendment raises authorized common stock from 232,470,985 to 312,285,439 shares and authorized preferred stock from 17,931,000 to 24,087,265 shares, increasing total authorized shares from 250,401,985 to 336,372,704. The stockholder-approved change was authorized at a special meeting on February 13, 2026 and reflected in the 8-K filed February 20, 2026. The Certificate of Amendment is included as Exhibit 3.1 to the filing.

Key Details

  • Authorized common stock increased to 312,285,439 shares (from 232,470,985); par value $0.0001 per share.
  • Authorized preferred stock increased to 24,087,265 shares (from 17,931,000); par value $0.0001 per share.
  • Total authorized shares rose to 336,372,704 (from 250,401,985); change approved at Special Meeting on Feb 13, 2026.
  • The filing includes Exhibit 3.1 (Certificate of Amendment) and Exhibit 3.2 (Certificate of Elimination of Series A Preferred Stock).

Why It Matters
An increase in authorized shares does not itself issue new shares, but it gives the company legal capacity to issue more stock in the future for financing, acquisitions, compensation, or other corporate purposes. Investors should note this expands the company's ability to raise equity capital or grant securities, which may lead to future dilution if and when shares are issued. The shareholder-approved amendment and related certificates are now on file with Delaware and available in the 8-K exhibits.