Faraday Future Intelligent Electric Inc. entered into an Amendment Agreement on August 20, 2026, modifying a March 2025 Securities Purchase Agreement with investors. The amendment splits the fourth closing of $41 million in senior unsecured convertible notes and warrants into two separate closings. It eliminates the obligation to issue common stock purchase warrants and incremental note purchase warrants at remaining closings and adjusts conversion price mechanics for the amended notes. Faraday Future Intelligent Electric Inc. operates in the electric vehicle manufacturing industry.
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