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 | Other | -$100 | -1 | -50% | $100.00 | 1 | Feb 5, 2024 | Direct | F1 |
transaction | FFIE | Series A Preferred Stock, par value $0.0001 per share | Purchase | $100 | +1 | $100.00 | 1 | Jun 21, 2024 | Direct | F2 |
Id | Content |
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F1 | On February 5, 2024, Faraday Future Intelligent Electric Inc. (the "Issuer") automatically redeemed, pursuant to the terms of the Certificate of Designation of Preferences, Rights and Limitations of Series A Preferred Stock, one (1) share of Series A Preferred Stock, par value $0.0001 per share of the Issuer after the conclusion of the Issuer's Special Meeting of Stockholders held on February 5, 2024. This transaction is inadvertently filed late due to an administrative error. |
F2 | On June 21, 2024, the Reporting Person purchased one (1) share of Series A Preferred Stock, par value $0.0001 per share (the "Preferred Stock") of the Issuer from the Issuer for cash consideration of $100.00. 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 16,000,000,000 votes with respect to the Shareholder Proposals (as defined in the Series A COD), in which its votes are cast for and against such Shareholder Proposals in the same proportion as shares of Common Stock of the Issuer ("Common Stock") are voted for and against such Shareholder Proposals (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 Shareholder Proposals). |