Faraday Future recently announced that it will hold a special shareholders' meeting on February 13, 2026, during which shareholders will vote on several proposals. The company emphasized that shareholders should support all proposals, especially those related to the company name change.
According to the proposal, the company plans to change its current name "Faraday Future Intelligent Electric" to "Faraday Future AI Electric Vehicle Inc." (Faraday Future Artificial Intelligence Electric Vehicle Company). This new name aims to highlight Faraday Future's leading position in the intelligent electric vehicle (EV) industry and reflect its long-term commitment to innovative solutions driven by artificial intelligence and smart transportation ecosystems. Faraday Future stated that the new name better reflects the company's strategic integration in core technologies such as artificial intelligence, smart mobility, vehicle systems, and user experience.
In addition, the name change will align with the company's new stock code "FFAI," enhancing brand image consistency. These measures aim to help the company stand out in the competitive electric vehicle market.
At the shareholders' meeting, the company will also propose a share authorization initiative, planning to increase the number of authorized shares of common stock to 312,285,439 shares and the number of authorized shares of preferred stock to 24,087,265 shares. This means that the total authorized shares of common and preferred stock will increase to 336,372,704 shares, an increase of approximately 34%. The approval of this proposal will provide necessary financial support for the company's further development.
Faraday Future looks forward to obtaining full support from shareholders at this special shareholders' meeting to achieve its future vision and development strategy.
Key Points:
🌟 Faraday Future plans to hold a special shareholders' meeting in 2026, proposing to change the company name to "Faraday Future Artificial Intelligence Electric Vehicle Company".
📈 The company also proposed increasing the number of authorized shares of common and preferred stock, aiming to support future development needs.
🤖 The new name will highlight the company's strategic focus on artificial intelligence and intelligent electric vehicles, enhancing brand image consistency.
