Faraday Future Intelligent Electric Inc. filed soliciting material under Rule 14a-12 on November 6, 2026, announcing a Special Meeting of Stockholders scheduled for December 15, 2026, to seek approval of a reverse stock split proposal and an adjournment proposal.

Key Highlights

  • Special Meeting date: The Special Meeting is currently scheduled for December 15, 2026, at 9am Pacific Time, subject to confirmation.
  • Reverse split ratio: The company is seeking approval for a reverse stock split of its Class A and Class B common stock at a ratio of up to 1-for-80.
  • Board discretion retained: If approved, the Board would have discretion to determine the final ratio and timing within one year following the Special Meeting, and stockholder approval alone would not trigger implementation.
  • Nasdaq compliance: According to the filing, the Reverse Stock Split Proposal is intended to support the company's efforts to maintain compliance with Nasdaq's continued listing requirements.
  • Preliminary proxy filed: A preliminary proxy statement was filed with the SEC on November 6, 2026, with the definitive proxy statement expected to be mailed to stockholders on or around November 18, 2026.
  • Board recommendation: The Board urges all stockholders to vote FOR all proposals, according to the filing.

Faraday Future Seeks Stockholder Authorization for a Reverse Stock Split of Up to 1-for-80

Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI), described in the filing as a California-based global Embodied AI (EAI) ecosystem company founded in 2014, announced the Special Meeting through soliciting material filed with the SEC on November 6, 2026. The company disclosed that it is pursuing stockholder authorization for a reverse stock split covering both its Class A and Class B common stock, with the permissible ratio reaching as high as 1-for-80. The filing states that this proposal is meant to give the Board additional flexibility to manage the company's capital structure and to support ongoing efforts to satisfy Nasdaq's continued listing standards.

The filing makes clear that the Board retains full discretion over whether and when to act, even if stockholders approve the proposal. Specifically, the Board would evaluate market conditions and the best interests of the company and its stockholders before determining any final ratio or timing, and any such action must occur within one year of the Special Meeting. A second proposal, the Adjournment Proposal, would allow the Special Meeting to be postponed one or more times if additional time is needed to solicit proxies.

The filing also notes that following the transfer of its robotics business to FF EAI Robotics Ecosystem Inc. (FFR), Faraday Future describes itself as upgrading into a Robotaxi and EAI Cabin shared mobility operations company and a Physical AI investment holding company. The company stated it aims to advance its "Four Future Trends" concept as it evolves from an electric vehicle manufacturer toward a Robotaxi Sharing Network and AI Visicabin technology operator. This broader business context is provided in the company's own characterization within the filing's press release section.

What Was Disclosed

Faraday Future filed soliciting material announcing a December 15, 2026 Special Meeting to vote on a reverse stock split of up to 1-for-80 for its Class A and Class B common stock and an adjournment proposal, with a preliminary proxy statement filed the same day.