Faraday Future Eliminates 237,615 Potential Warrants, Continuously Optimizing Capital Structure to Support Its Robotics Strategy

Faraday Future Eliminates 237,615 Potential Warrants, Continuously Optimizing Capital Structure to Support Its Robotics Strategy

* The Company reached an amendment agreement with 2025 March Financing investors to terminate the obligation to issue a total of approximately 237,615 warrants avoiding nearly 40% of the potential maximum dilution from this financing round (this calculation is based on the current stock price and a $5 conversion floor price, to which the floor price has not yet been adjusted).