Why It Matters
Faraday Future Intelligent Electric Inc. plans to hold a Special Meeting of Stockholders on March 30th, 2023. The Company recommends that all Faraday Future stockholders as of February 3rd, 2023 vote in favor of such proposals. Additional information about the Special Meeting of Stockholders can be found here.
Why we need your VOTES on the upcoming Special Meeting of Stockholders:
With the most recent financing commitment of $135 million, the Company has already received a portion of the funds and $10 million is scheduled to be funded in March 2023. However, under applicable Nasdaq rules and regulations, stockholder approval is necessary to complete the financing transaction as it involves the issuance of a number of shares that exceed 19.99% of the shares currently outstanding. Following such stockholder approval, $55 million will be funded within 5 business days after the Company’s registration statement for the shares underlying the financing transaction becomes effective.
The Special Meeting of Stockholders will be held on March 30th, 2023. Whether or not you plan to attend, your vote is very important. You can vote your shares by internet, telephone, or mail.