美国加州洛杉矶（2023年2月5日）—总部位于美国加州的全球共享智能电动出行生态系统公司Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) ("FF", “Faraday Future” 或"公司”) 今天宣布了一系列融资的最终协议，以及对原FF担保融资协议中认股权证条款主要条款的重要修改。在按时圆满执行后，公司将为FF 91 Futurist 开始量产（“SOP”）筹集到所有必要的资金。与此同时，公司宣布定于 2023 年 2 月 28 日举行特别股东大会。
公司宣布了对于1.35 亿美元可转换担保票据融资最终协议的执行安排，前提是满足或豁免相关条件。其中 8000 万美元将在 10 个工作日内到账（包括之前由 Senyun International Ltd. 作为预付款提供的 1000 万美元），剩余资金将在满足或豁免相关条件后的 5 个工作日内到账，相关条件包括收到公司股东批准和适用股票的有效注册声明。 ATW Partners 的关联公司和 Acuitas Capital等投资机构参与了此次交易。详细条款可以在我们提交给美国证券交易委员会的 8-K 报告中查看。
本轮融资加上公司在2022 年 12 月 15 日 举办的“FF 全球投资者业务更新大会”之后收到的 3340 万美元（扣除原始折扣和交易成本后为的 3060 万美元，包括之前由 Senyun International Ltd. 提供的 1000 万美元作为预付款） ，表明公司已收到量产FF 91 Futurist SOP 所需的全部资金承诺，前提是资金及时到账。如前所述，在公司按预期收到全部融资后，公司预计将于 2023 年 3 月底开始量产可销售的 FF 91 Futurist，4 月初下线，并在4 月底前交付。
另外，Faraday Future计划于 2023 年 2 月 28 日召开特别股东大会，审议有关公司A 类普通股增发授权的提案。该提议如果得到FF股东的批准，将为未来的额外持续融资扫清了障碍，从而最好地支持 FF 91 Futurist 量产交付和公司的其他战略目标的实现。作为公司的大股东，FF Global Partners LLC (“FFGP”) 的子公司 FF Top Holdings LLC 同意在即将举行的特别股东大会上对其实益拥有的所有股份进行投票，以支持该提案。公司还建议2023年1月31日前的所有股东投票支持、并征求代理人支持该提案。FF股东的批准是完成上述部分融资的条件，也是支持公司实现长期战略目标的关键路径。有关特别股东大会的更多信息，请参阅我们之前向美国证券交易委员会提交的附表 14A 中的最终代理声明。
本轮融资协议还包括对原始 FF 担保融资协议中认股权证主要条款的重要修改。在此类认股权证中，有一项完整的棘轮反稀释条款，允许投资者有权以等于此类认股权证发行后发行股票的最低价格购买额外股份。相关条款已从融资协议的认股权证中删除，帮助 FF 股东成功避免可能增发多达数亿股的未来股权稀释。公司还同意向现有有担保票据投资者发行 4100 万美元的可转换有担保票据，以换取他们取消之前未偿还的大部分认股权证，条款详见我们即将向美国证券交易委员会提交的 8-K 报告。
公司感谢投资者的信任。本轮融资让公司有信心实现SOP的关键短期战略目标，将FF 91 Futurist以高品质和高产品力交付给最具前卫精神的塔尖用户。同时，公司衷心感谢投资者们坚守和持续不断的支持，特别是FFGP在融资和解决认股权证条款上所做出的坚决努力。
“筹集1.35亿美元资金是FF 91 Futurist冲刺最终量产交付不可或缺的资源保障，这些额外资金承诺的获得为FF在2023年3月达到SOP里程碑的目标提供了一针强心剂。”FF全球CEO陈雪峰表示，”随着这些预期资金的到位，我们必将实现FF 91 Futurist 尽快高品质高产品力的量产交付。”
公司也感谢FF全球供应商对FF颠覆性的塔尖产品、极智科技奢华的品牌定位、革命性的先进技术和公司长期价值的深刻洞察力和执着信念。FF全球供应商的宽容、决心和支持是FF颠覆传统汽车行业、构建未来出行生态目标的基石。
2023年2月3日，FFIE股票的收盘价高于每股1美元。与过去40个交易日的最低股价相比，增长了300%以上。公司感谢包括散户投资人和机构投资人在内的每一位FF股东对公司新的顶层治理结构、新董事会和新管理层的高度信任和支持。 这是为FF价值全面回归打下的根本基础。
"我很高兴看到Faraday Future在FFGP的合作和支持下，获得了这一轮关键融资中来自多位投资方的承诺。同时，FFGP还协助FF解决了关键的认股权证问题，并通过FF 91 Futurist的及时量产SOP确保所有股东的利益最大化，"FFGP的一位发言人说。
Faraday Future在近几个月通过Product and Technology Generation 2.0 （PT Gen 2.0）项目继续在FF 91 Futurist的最终测试和验证方面取得进展。从PT Gen 1.0到PT Gen 2.0的换代内容包括车辆和I.A.I (Intelligent. Autonomous. Internet)系统（FF 91 Futurist的核心先进系统，即智能、自动驾驶和互联网）的重大升级。PT Gen 2.0包括 26 个主要系统和组件的升级。通过电动汽车领域的动力总成、电池、充电、底盘、内饰等13项关键升级，以及从计算、传感、通信、用户交互到I.A.I最新技术的13项关键升级，FF 91 Futurist取得了显著的全方位各项性能提升。
通过这一轮融资，FF正接近生产制造的第七个里程碑，即SOP。公司早先宣布达成了生产制造第六个里程碑，即完成了车辆装配区的施工和设备安装。这标志着FF在2021年末制定的七个里程碑中的六个已经完成。这也代表了FF在量产FF 91 Futurist方面取得的成就。
作为唯一一款下一代极智科技奢华的智能互联网电动车产品，FF 91 Futurist对标法拉利、迈巴赫、劳斯莱斯和宾利，以极限科技、极致用户体验和完整生态的产品DNA，带来了独特的智能互联网电动车出行体验。FF 91 Futurist拥有行业领先的1,050匹马力， EPA认证续航里程381英里，0-60英里加速仅需2.27秒，以及独一无二的后排智能互联网系统，提供革命性的用户体验，旨在打造移动、互联、智能、豪华的第三互联网生活空间和用户出行生态系统平台。
用户可通过网址 https://www.ff.com/cn/preorder预订FF 91 Futurist。
未来主义者们可以点击下方链接下载FF Intelligent App：https://apps.apple.com/us/app/id1454187098，https://play.google.com/store/apps/details?id=com.faradayfuture.online。
ABOUT FARADAY FUTURE
Faraday Future is a class-defining luxury electric vehicle company. The Company has pioneered numerous innovations relating to its products, technology, business model, and user ecosystem since inception in 2014. Faraday Future aims to perpetually improve the way people move by creating a forward-thinking mobility ecosystem that integrates clean energy, AI, the Internet, and new usership models. Faraday Future’s first flagship product is the FF 91 Futurist.
FOLLOW FARADAY FUTURE:
https://twitter.com/FaradayFuture
https://www.facebook.com/faradayfuture/
https://www.instagram.com/faradayfuture/
www.linkedin.com/company/faradayfuture
NO OFFER OR SOLICITATION
This communication shall neither constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
FORWARD LOOKING STATEMENTS
This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include, among other things, statements regarding potential timing for holding a special stockholders meeting and the announcement thereof, the anticipated SOP and delivery timing for our FF 91 Futurist vehicle, additional funding and timing for receipt thereof and FF stockholder approval of an authorized share increase and the timing thereof, are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include whether the Amended Shareholder Agreement between the Company and FF Top, dated as of January 13, 2023, complies with the listing requirements of The Nasdaq Stock Market LLC, the market performance of the shares of the Company’s common stock; the Company’s ability to regain compliance with, and thereafter continue to comply with, the Nasdaq listing requirements; the Company’s ability to satisfy the conditions precedent and close on the various financings disclosed by the Company and any future financings, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; the Company’s ability to amend its certificate of incorporation to permit sufficient authorized shares to be issued in connection with the Company’s existing and contemplated financings and/or obtain stockholder approval for the issuance of shares under the Company’s previously announced equity line of credit with an affiliate of Yorkville Advisors and/or the Tranche C and D convertible secured notes for purposes of NASDAQ Listing Rule 5635; whether the Company and the City of Huanggang could agree on definitive documents to effectuate the non-binding Cooperation Framework Agreement; the Company’s ability to remain in compliance with its public filing requirements under the Securities Exchange Act of 1934, as amended; the outcome of the SEC investigation relating to the matters that were the subject of the Special Committee investigation and other litigation involving the Company; the Company’s ability to execute on its plans to develop and market its vehicles and the timing of these development programs; the Company’s estimates of the size of the markets for its vehicles and cost to bring those vehicles to market; the rate and degree of market acceptance of the Company’s vehicles; the success of other competing manufacturers; the performance and security of the Company’s vehicles; potential litigation involving the Company; the result of future financing efforts and general economic and market conditions impacting demand for the Company’s products; recent cost, headcount and salary reduction actions may not be sufficient or may not achieve their expected results; and the ability of the Company to attract and retain directors and employees. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s registration statement on Form S-1 filed on December 23, 2022, and other documents filed by the Company from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and the Company does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
ADDITIONAL INFORMATION
In connection with the special stockholders meeting, Faraday Future has filed with the SEC a definitive proxy statement on Schedule 14A with respect to the proposals therein to increase the number of the Company’s authorized Class A common shares to 1.69 billion and approve the issuance of shares under the Company’s previously announced equity line of credit with an affiliate of Yorkville Advisors for purposes of NASDAQ Listing Rule 5635 (as amended and supplemented, the “Proxy Statement”). Faraday Future commenced mailing of the Proxy Statement to its stockholders on February 3, 2023. This press release is not a substitute for the Proxy Statement or any other document which the Company may file with the SEC. INVESTORS AND FARADAY FUTURE’S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT IN ITS ENTIRETY AND ANY OTHER DOCUMENTS FILED BY THE COMPANY WITH THE SEC IN CONNECTION WITH THE PROXY STATEMENT OR INCORPORATED BY REFERENCE THEREIN BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSALS IN THE PROXY STATEMENT. Investors and stockholders may obtain free copies of the Proxy Statement and other documents containing important information about Faraday Future that are filed or will be filed with the SEC by Faraday Future from the SEC’s website at www.sec.gov. Faraday Future makes available free of charge at www.ff.com (in the “Financials and Filings” section), copies of materials it files with, or furnish to, the SEC.
PARTICIPANTS IN SOLICITATION
Faraday Future and its respective directors and executive officers and certain Company investors and their representatives may be deemed participants in the solicitation of proxies of the Company’s stockholders in respect of the proposals in the Proxy Statement. Information about the directors and executive officers of Faraday Future, such investors and their representatives and their ownership is set forth in the Company’s filings with the SEC, including the Proxy Statement. These documents can be obtained free of charge from the sources specified above.
Investors (English): ir@faradayfuture.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com