On May 16, Faraday Future announced that the company had signed a $25 million share purchase agreement with institutional investors. According to the agreement, investors have subscribed to the company's convertible promissory notes with a total principal amount of 25 million US dollars. The common shares corresponding to this financing have not yet been registered. There are trading restrictions, and they cannot be immediately circulated. Of this amount, $12.5 million will be directly remitted to the company's operating account; the remaining $12.5 million will be deposited into supervised accounts controlled by investors in accordance with controlled account agreements signed between the company and various investors, and will be released to the company for use after specific conditions are met.

On May 16, Faraday Future announced that the company had signed a $25 million share purchase agreement with institutional investors. According to the agreement, investors have subscribed to the company's convertible promissory notes with a total principal amount of 25 million US dollars. The common shares corresponding to this financing have not yet been registered. There are trading restrictions, and they cannot be immediately circulated. Of this amount, $12.5 million will be directly remitted to the company's operating account; the remaining $12.5 million will be deposited into supervised accounts controlled by investors in accordance with controlled account agreements signed between the company and various investors, and will be released to the company for use after specific conditions are met.