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Faraday Future Holds Special Meeting of Stockholders, Securing Stockholder Support for All Proposals

1. FFIE approved proposals to increase authorized common stock shares. 2. This allows the company to meet future share issuance obligations.

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FAQ

Why Bearish?

Increasing authorized shares can lead to dilution, historically impacting stock prices negatively. Similar situations have led to declines in other companies' stocks due to shareholder dilution concerns.

How important is it?

The approval to issue more shares can significantly alter the investment landscape for FFIE, making it crucial for investors to assess potential dilution effects. Given the company's recent struggles, this news carries weight.

Why Short Term?

The immediate impact of the stock dilution may affect investor sentiment and stock price. Historical precedence shows quick market reactions to such news.

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TSLANKLARIVN
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future,” “FF,” or the “Company”) today announced that all proposals presented at the special meeting of the Company's stockholders on March 7, 2025, were approved. The approval of the proposal to increase the number of authorized shares of the Company's common stock allows the Company to meet its existing obligations to issue shares of common stock as and if they become due, for conversion of promiss.

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