Faraday Future Intelligent Electric (FFIE) Registration filing summary

Company overview and business model

• Designs and manufactures intelligent electric vehicles and embodied AI robotics, with operations in the U.S., China, and the Middle East, aiming to build an integrated mobility and AI ecosystem.

• Product roadmap includes FF 91, FF 92 upgrade, FX Super One, and new robotics lines, with a focus on capital efficiency and commercialization.

• Robotics business entered early commercialization in Q1 2026, with initial deliveries and over 1,200 B2B deposits.

• Pursues a dual-home market strategy leveraging U.S. innovation and Chinese supply chain, and is expanding in the Middle East.

Financial performance and metrics

• Net tangible book value as of March 31, 2026 was ($24.0) million, or ($0.085) per share; pro forma after $90M offering would be $62.9 million, or $0.105 per share.

• Loss from operations is the primary performance metric, with close management of cash flows and liquidity.

• Robotics segment evaluated on gross profit due to early commercialization stage.

Use of proceeds and capital allocation

• Proceeds from offerings will be used for general working capital, product and technology development, global sales and service network, production ramp-up, debt repayment, capital expenditures, joint ventures, acquisitions, and other business opportunities.

• No assurance all shares will be sold; proceeds will be invested in short-term, investment-grade securities pending use.