FF plans to hold a special general meeting on August 12, with key proposals supporting the sales and delivery ramp-up of robots, accelerating the achievement of FF's EAI robot strategic objectives.
· From March to June, cumulative shipments of FF EAI robots reached 242 units, exceeding the original target of 220 units. The company has once again raised its annual shipment target from 1,500 units to 2,000 units.
· With the recent full-scale launch showcasing the six major series of the complete FF EAI robot world, the company has garnered widespread attention from the robotics industry, future partners, customers, and developers, and has been covered by numerous top-tier media outlets.
· The approval of the private placement proposal will help the company fulfill its contractual obligations and support the ramp-up of EAI robot production capacity. The company aims to improve its cash flow structure through large-scale deliveries with positive gross margins, gradually shifting from financing-driven to operating cash flow-driven.
Beijing Time, July 3, 2026 – Faraday Future Intelligent Electric Inc. (Nasdaq: FFAI) (“Faraday Future,” “FF,” or the “Company”), a global EAI ecosystem company headquartered in California, USA, today announced that it plans to hold a special general meeting of shareholders (the “EGM”) online at 9:00 a.m. Pacific Time on August 12, 2026 (0:00 Beijing Time on August 13, 2026) to seek approval for proposals aimed at supporting the global deployment and long-term growth of the Company’s EAI robot world.
The Company’s Board of Directors calls on all shareholders to vote in favor of all proposals.
Key Proposals
1. Private Placement Proposal
To approve the issuance of ordinary shares to certain convertible note holders in accordance with Nasdaq Listing Rule 5635(d).
The approval of the private placement proposal will help the Company fulfill contractual obligations and support future financing, thereby driving business growth and enhancing shareholder value.
2. Company Name Change Proposal
To approve the amendment of the Company’s Third Amended and Restated Certificate of Incorporation to change the Company’s name from Faraday Future Intelligent Electric Inc. to Faraday Future Physical AI Ecosystem Inc.
The proposed name change reflects the Company’s strategic evolution and its focus on integrating artificial intelligence (AI) more deeply into its core technologies, including the EAI terminal system, EAI brain, and user experience. The new name aligns with the Company’s vision and its stock ticker “FFAI,” helping to strengthen a unified brand image.
3. Adjournment Proposal
To approve the Company’s ability to adjourn the EGM from time to time, on one or more occasions, to solicit further proxies if necessary or appropriate; provided that at the time any such adjournment is proposed, the number of votes represented in person at the EGM is insufficient to pass one or more proposals, or if the Chairman of the EGM deems it necessary or appropriate.
Business Progress
· The Company aims to maximize commercial value by building an evolutionary flywheel through a “trinity” ecosystem of “terminals, data, brain, and an open-source developer platform.”
· FF has now launched a complete EAI robot world covering six major product series; released the world’s first “trinity” EAI robot education ecosystem strategy, debuted the new Futurist humanoid robot and FX Navi quadruped robot, as well as the first industrial-grade EAI wheel-arm robot series, FF Faber, and previewed the FF industrial ecosystem strategy.
· The aforementioned products and new strategic direction will further demonstrate FF’s latest progress in multi-form robots, core capabilities, real-world application scenarios, and ecosystem development.
· From March to June, cumulative shipments of FF EAI robots reached 242 units, exceeding the original target of 220 units. The company has once again raised its annual shipment target from 1,500 units to 2,000 units.
The approval of the private placement proposal will help the Company fulfill its contractual obligations to support the ramp-up of robot production capacity. The company aims to improve its cash flow structure through large-scale deliveries with positive gross margins, gradually shifting from financing-driven to operating cash flow-driven.
For more details on the proposals to be voted on at this EGM, please refer to the preliminary proxy statement filed by the Company with the U.S. Securities and Exchange Commission (“SEC”) on July 2, 2026. Shareholders are advised to read the relevant proxy materials carefully.
Meeting Details
The EGM is currently scheduled to be held online at 9:00 a.m. Pacific Time on August 12, 2026 (0:00 Beijing Time on August 13, 2026) at www.virtualshareholdermeeting.com/FFAI2026SM2
$Faraday Future Intelligent Electric(FFAI.US)
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