On December 30, Faraday Future (NASDAQ: FFAI) announced that it will hold a special shareholders’ meeting on February 13, 2026. The company calls on shareholders to vote in favor of all proposals. In terms of share authorization proposals, the company seeks shareholder approval to amend the company's articles of association to increase the number of authorized shares of ordinary shares by 79,814,454 shares to 312,285,439 shares; to increase the number of authorized shares of the company's preferred shares The number of authorized shares increased by 6,156,265 shares to 24,087,265 shares, increasing the total authorized shares of the company's common shares and preferred shares from 250,401,985 shares to 336,372,704 shares, an increase of approximately 34%.
Regarding the company's name change proposal, shareholders are seeking approval of the amendment to the company's articles of association to change the company's name from Faraday Future Intelligent Electric to Faraday Future AI Electric Vehicle Inc.
According to officials, the new name highlights the company's vision of leading the smart electric vehicle (EV) industry and its unremitting pursuit of AI-driven innovative solutions and smart transportation ecology. It reflects the company's strategic focus on deeply integrating AI with core technologies such as smart travel, vehicle systems and user experience. In addition, the new name echoes the company's new stock code "FFAI", which is conducive to the unification of the brand image.
