Faraday Future (FFIE.O) announced that the company successfully held a special shareholders meeting on March 7, 2025, and all proposals were approved. Among them, the proposal to increase authorized shares was approved, which will help the company issue common shares when necessary for the conversion of convertible notes and the exercise of issued warrants to fulfill existing obligations, or to support the company's future financing or acquisition transactions, employee incentive plan implementation and other reasonable corporate purposes. In line with the principle of prudent management of equity, the number of authorized shares of common stock increased by 24%.