On July 31, 2024, Faraday Future Intelligent Electric Inc. held its annual stockholders meeting, where several key proposals were voted upon. The stockholders authorized an increase in the number of authorized shares of common stock from 463,312,500 to 4,169,812,500. Additionally, an amendment to the 2021 Stock Incentive Plan was approved, increasing the number of shares available for issuance by 88,252,926. The meeting also saw the election of five directors to the board and the ratification of MGO as the company's independent registered public accounting firm for the year ending December 31, 2024. A reverse stock split proposal was approved, allowing a split by a whole number ratio between 1-for-2 and 1-for-40 at the board's discretion within one year. Furthermore, the company filed a Certificate of Amendment and a Certificate of Elimination with the Delaware Secretary of State, following the automatic redemption of all outstanding shares of Series A Preferred Stock.

On July 31, 2024, Faraday Future Intelligent Electric Inc. held its annual stockholders meeting, where several key proposals were voted upon. The stockholders authorized an increase in the number of authorized shares of common stock from 463,312,500 to 4,169,812,500. Additionally, an amendment to the 2021 Stock Incentive Plan was approved, increasing the number of shares available for issuance by 88,252,926. The meeting also saw the election of five directors to the board and the ratification of MGO as the company's independent registered public accounting firm for the year ending December 31, 2024. A reverse stock split proposal was approved, allowing a split by a whole number ratio between 1-for-2 and 1-for-40 at the board's discretion within one year. Furthermore, the company filed a Certificate of Amendment and a Certificate of Elimination with the Delaware Secretary of State, following the automatic redemption of all outstanding shares of Series A Preferred Stock.