Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FFIE | Series A Preferred Stock, par value $0.0001 per share | Purchase | $100 | +1 | $100.00* | 1 | Jun 16, 2023 | Direct |
On June 16, 2023, the Reporting Person purchased one (1) share of Series A Preferred Stock, par value $0.0001 per share (the "Preferred Stock") of Faraday Future Intelligent Electric Inc. (the "Issuer") from the Issuer for cash consideration of $100.00 USD. The Preferred Stock has the rights, preferences, privileges and restrictions set forth in the Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock filed by the Issuer with the Secretary of State of the State of Delaware (the "Series A COD"), including the right to 60,000,000,000 votes with respect to a Reverse Stock Split Proposal (as defined in the Series A COD), in which its votes are cast for and against such Reverse Stock Split Proposal in the same proportion as shares of common stock of the Issuer ("Common Stock") are voted for and against such Reverse Stock Split Proposal (with any shares of Common Stock that are not voted (whether due to abstentions, broker non-votes or otherwise) not counted as votes for or against the Reverse Stock Split Proposal).