Gasgoo Munich- On February 14, Faraday Future (FF) announced that its recently held special shareholder meeting had concluded with the approval of all relevant proposals.
Image source: FF
At the meeting, shareholders approved a proposal to increase the company's authorized share count. The move expands the reserve of authorized shares but does not immediately raise the number of shares actually issued.
The approval supports recent capital planning arrangements and existing obligations for Class A common stock issuance. It also creates flexibility for future financing, strategic initiatives, employee compensation plans, and other compliant uses aligned with the company's 2026 business strategy. Notably, this includes advancing key mass-production milestones for the FX Super One and driving the R&D and commercialization of FF's embodied AI robot products.
FF noted that it is pressing ahead with core projects. Following the signing of upgraded strategic cooperation agreements with partners, the company's FF AI Factory in Hanford, California, is actively ramping up production preparations. The FX Super One is focused on mass production readiness, steadily advancing toward its goal of first deliveries this year.
Meanwhile, the company has launched its first series of embodied AI robot products, opening non-refundable, non-binding paid pre-orders. Initial deliveries are expected by the end of this month. Around the robotics business, FF is advancing mass production preparations, customized development, testing, and AI data training. These efforts aim to sustain a dual-engine growth curve driven by the company's two core product categories: EAI vehicles and robots.
According to previously disclosed information, FF has set starting prices for its three robot models: the Futurist series at $34,990, the Master series at $19,990, and the Aegis series at $2,499.
