Faraday Future Intelligent Electric Inc., a global EAI embodied intelligent open ecosystem company headquartered in California, USA, announced today that it has signed an additional investment warrant termination agreement with all investors in March 2025. With the unanimous support of investors, further progress has been made in the company's debt conversion and capital structure optimization work. All additional investment warrants that have not yet been exercised have been cancelled: According to this termination agreement, the company has cancelled a total of 21,021,369 additional investment warrants issued and not yet exercised under financing in March 2025, thereby eliminating potential equity dilution due to its future exercise of rights. Based on the conversion floor price of $5 per share, it is expected that a potential dilution of up to 45% of actual shares can be avoided.

Faraday Future Intelligent Electric Inc., a global EAI embodied intelligent open ecosystem company headquartered in California, USA, announced today that it has signed an additional investment warrant termination agreement with all investors in March 2025. With the unanimous support of investors, further progress has been made in the company's debt conversion and capital structure optimization work. All additional investment warrants that have not yet been exercised have been cancelled: According to this termination agreement, the company has cancelled a total of 21,021,369 additional investment warrants issued and not yet exercised under financing in March 2025, thereby eliminating potential equity dilution due to its future exercise of rights. Based on the conversion floor price of $5 per share, it is expected that a potential dilution of up to 45% of actual shares can be avoided.