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Faraday Future Schedules Special Stockholder Meeting for Strategic 2026 Goals on Feb 13

Faraday Future proposes a 34% increase in authorized shares and a name change to Faraday Future AI Electric Vehicle Inc. at its February 13, 2026, stockholder meeting.

Faraday Future Intelligent Electric Inc. has announced a Special Meeting of Stockholders (EGM) scheduled for February 13, 2026. The meeting will primarily focus on supporting the execution of its 2026 business strategy, following several key announcements regarding the production and delivery of its FX Super One model and an upgrade to its Global Embodied AI (EAI) Industry Bridge Strategy, set to be discussed at the Stockholders Day on January 7, 2026, in Las Vegas.

The company has made significant strides recently, with the first pre-production vehicle of the FX Super One successfully rolling off the assembly line at its FF AI-Factory in California last month. This milestone indicates that Faraday Future’s Global Auto Industry Bridge Strategy has reached an initial closure phase within the U.S. Furthermore, the company has initiated deliveries of the FX Super One in the UAE, where the first user is renowned soccer player Andrés Iniesta.

Central to the upcoming EGM will be a proposal to increase the total authorized shares by approximately 34%. This would elevate the number of authorized Class A common stock from 232,470,985 to 312,285,439 shares and increase the preferred stock from 17,931,000 to 24,087,265 shares. The company’s Board of Directors believes this increase is necessary to meet existing obligations and future financing needs. This measure aims to enhance the company’s capacity for potential acquisitions, stock dividends, and employee benefit plans without immediately diluting existing stockholders.

The proposed increase in authorized shares also aligns with Faraday Future’s strategy to optimize financing costs and attract additional strategic investors. During the upcoming CES event, the company plans to provide updates on its FX Super One production and delivery plans, along with a preview of new EAI products.

The EGM will also address a proposal to amend the company’s name from Faraday Future Intelligent Electric Inc. to Faraday Future AI Electric Vehicle Inc., which reflects its ongoing focus on artificial intelligence integration within its technologies. This name change is intended to better align with the company’s vision for the intelligent electric vehicle sector and will coincide with a new ticker symbol, FFAI.

Additionally, the EGM will include an adjournment proposal, allowing for further solicitation of proxies if a sufficient number of votes are not represented at the meeting. The company encourages all stockholders to vote in favor of the outlined proposals.

Faraday Future is positioning itself as a key player in the electric vehicle market, aiming to disrupt traditional automotive paradigms by prioritizing user-centric technology and intelligent mobility solutions. The firm’s flagship model, the FF 91, epitomizes its commitment to luxury and performance, while the FX strategy seeks to introduce more mass-market offerings equipped with advanced luxury features.

The outcomes of the proposals at the EGM could significantly influence Faraday Future’s future operations and strategic direction. The company has emphasized its commitment to long-term stockholder value, integrating disciplined capital allocation and responsible equity management into its business model.

The definitive proxy statement outlining detailed proposals for the EGM is expected to be filed with the Securities and Exchange Commission (SEC) around January 8, 2026. Stockholders will be encouraged to review this documentation closely, given its potential impact on the company’s trajectory. The EGM will be held virtually at 9:00 a.m. Pacific Time and will be accessible via a web link.

As the electric vehicle landscape continues to evolve rapidly, Faraday Future’s initiatives reflect a broader trend towards integrating artificial intelligence and innovative technologies into the automotive industry. The outcomes of the upcoming stockholders meeting will be closely watched by investors and industry observers alike.

For more information on Faraday Future, visit their official website at ff.com.

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The AiPressa Staff team brings you comprehensive coverage of the artificial intelligence industry, including breaking news, research developments, business trends, and policy updates. Our mission is to keep you informed about the rapidly evolving world of AI technology.

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