法拉第未来美股招股说明书(2023-06-01版)

424B31ea179572-424b3faraday.htmPROSPECTUS PROSPECTUSFiledPursuanttoRule424(b)(3) RegistrationNo.333-271664 Upto115,504,901SharesofClassACommonStockIssuableUponConversionoftheSPANotes Thisprospectusrelatestotheissuancebyus,andtheofferandsalefromtimetotimebytheSellingSecurityholders,ofuptoanaggregateof115,504,901sharesoftheClassAcommonstock,parvalue$0.0001pershare,ofFaradayFutureIntelligentElectricInc.(“FFIE”andsuchClassAcommonstock,the“ClassACommonStock”)issuableuponconversionofcertainconvertiblenotesissuedinaprivateplacementtocertaininstitutionalinvestorspursuanttoaSecuritiesPurchaseAgreement,datedasofAugust14,2022,asamendedonSeptember23,2022(the“SPA”),pursuanttotheJoinderandAmendmentAgreementtotheSPA(the“Joinder”),datedasofSeptember25,2022,pursuanttotheLimitedConsentandThirdAmendmenttotheSPA(the“ThirdAmendment”),datedasofOctober24,2022,pursuanttotheLimitedConsentandAmendmenttotheSPA(the“FourthAmendment”),datedasofNovember8,2022,pursuanttotheLetterAgreementandAmendmenttotheSPA(the“SenyunAmendment”),datedasofDecember28,2022,pursuanttotheLimitedConsentandAmendmentNo.5(the“FifthAmendment”),datedasofJanuary25,2023,pursuanttotheAmendmentNo.6toSecuritiesPurchaseAgreement(the“SixthAmendment”),datedasofFebruary3,2023,pursuanttotheAmendmentNo.7toSecuritiesPurchaseAgreement(the“SeventhAmendment”),datedasofMarch23,2023,andpursuanttotheAmendmentNo.8totheSecuritiesPurchaseAgreement(the“EighthAmendment”),datedasofMay9,2023(suchnotesundertheSPAandJoinder,the“SPANotes”).AdditionaldetailsregardingthesecuritiestowhichthisprospectusrelatesandtheSellingSecurityholdersaresetforthinthisprospectusunder“InformationRelatedtoOfferedSecurities”and“DescriptionofSecurities.” WeareregisteringthesecuritiesforresalepursuanttotheSellingSecurityholders’registrationrightsundercertainagreementsbetweenusandtheSellingSecurityholders.OurregistrationofthesecuritiescoveredbythisprospectusdoesnotmeanthattheSellingSecurityholderswillofferorsellanyofthesharesofClassACommonStock.TheSellingSecurityholdersmayoffer,sellordistributealloraportionoftheirsharesofClassACommonStockinanumberofdifferentwaysandatvaryingprices,includingpubliclyorthroughprivatetransactionsatprevailingmarketpricesoratnegotiatedprices.WewillnotreceiveanyproceedsfromthesaleofsharesofClassACommonStockbytheSellingSecurityholderspursuanttothisprospectus.WeprovidemoreinformationabouthowtheSellingSecurityholdersmaysellthesharesinthesectionentitled“PlanofDistribution.” SalesofasubstantialnumberofsharesofClassACommonStockinthepublicmarket,includingtheresaleofthesharesofcommonstockheldbyFFIEstockholderspursuanttothisprospectusorpursuanttoRule144,couldoccuratanytime.Thesesales,ortheperceptioninthemarketthattheholdersofalargenumberofsharesofcommonstockintendtosellshares,couldreducethemarketpriceoftheClassACommonStockandmakeitmoredifficultforyoutosellyourholdingsattimesandpricesthatyoudetermineareappropriate.Furthermore,weexpectthat,becausethereisalargenumberofsharesbeingregisteredpursuanttotheregistrationstatementofwhichthisprospectusformsapart,theSellingSecurityholderswillcontinuetoofferthesecuritiescoveredtherebypursuanttothisprospectusorpursuanttoRule144forasignificantperiodoftime,theprecisedurationofwhichcannotbepredicted.Accordingly,theadversemarketandpricepressuresresultingfromanofferingpursuanttotheregistrationstatementmaycontinueforanextendedperiodoftime. OursharesofClassACommonStockandourpublicwarrants(“PublicWarrants”)arelistedonTheNasdaqStockMarket(“Nasdaq”),underthesymbols“FFIE”and“FFIEW,”respectively.OnMay26,2023,theclosingpriceofourClassACommonStockwas$0.2200pershareandtheclosingpriceofourPublicWarrantswas$0.0580perPublicWarrant. ThesharesofClassACommonStockbeingofferedpursuanttothisprospectusaresharesofFaradayFutureIntelligentElectricInc.(“FFIE”),aholdingcompanyincorporatedintheStateofDelaware.Asaholdingcompanywithnomaterialoperationsofitsown,FFIEconductsitsoperationsthroughitsoperatingsubsidiaries.Wecurrentlyhaveamajorityofouroperationsinthe U.S.conductedthroughourU.S.-domiciledoperatingsubsidiaries.WealsooperateourbusinessinthePeople’sRepublicofChinaandplantohavesignificantoperationsinthefutureinbothMainlandChinaandHongKong(together,“PRC”or“China”)throughoursubsidiariesorganizedinthePRC(collectively,the“PRCSubsidiaries”).InvestorsinourClassACommonStockshouldbeawarethattheyarepurchasingequitysolelyinFFIE,aDelawareholdingcompany.TherearevariousrisksassociatedwithourcurrentoperatingpresenceinChinaandthepotentialexpansionofouroperationsinChina(includingHongKong),whichissubjecttopoliticalandeconomicinfluencefromChina.Recently,theChinesegovernmentinitiatedaseriesofregulatoryactionsandmadestatementstoregulatebusinessoperationsinChinawithlittleadvancenotice,includingcrackingdownonillegalactivitiesinthesecuritiesmarket,enhancingsupervisionoverChina-basedcompaniesthatseektoconductoffshoresecuritiesofferingsorbelistedoverseas,adoptingnewmeasurestoextendthescopeofcybersecurityreviews,andexpandingtheeffortsinanti-monopolyenforcement.Sincethesestatementsandregulatoryactionsarenew,itishighly