From：Internet Info Agency 2026-09-03 08:33:00
On September 2, 2024, Faraday Future (NASDAQ: FFAI) announced that it has entered into a termination agreement with all investors from its March 2025 financing regarding the additional investment warrants. Pursuant to this agreement, the company has canceled all outstanding and unexercised additional investment warrants issued under the March 2025 financing, totaling 21,021,369 warrants. This action eliminates potential future equity dilution that could have resulted from the exercise of these warrants. Assuming a floor conversion price of $5 per share, the move is expected to avoid up to 45% potential dilution of the company’s outstanding shares. As a result, all common stock purchase warrants and additional investment warrants issued under the March 2025 Securities Purchase Agreement (SPA) have now been fully terminated.
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