On January 31, Faraday Future announced that it would hold a special shareholders' meeting on March 7, 2025, and the company urged all shareholders to vote in favor of all proposals. Among them, the share authorization proposal is to approve the amendment of the company's articles of association to increase the number of authorized shares of common stock by 25,000,000 shares, from 104,245,313 shares to 129,245,313 shares, an increase of 24%. The increase in the number of authorized shares is mainly used to fulfill the company's commitment to certain convertible note investors. Matthias Aydt, FF's global CEO, said that the additional number of authorized shares will ensure that we can continue to advance the FF 91 delivery plan while accelerating the advancement of the FX mass market brand. "