FFAI · Faraday Future Intelligent Electric Inc. · Short Volume

Substantial doubt about the company's ability to continue as a going concern.

“Despite management's plans, the completion of the Secured Streeterville Notes and the 2026 May Convertible SPA Notes financings, the filing of the replacement registration statement on Form S-3, our commencement of sales under of the ATM Program, the July 24, 2026 reverse stock split, the implementation of staff and temporary salary reductions, and our continued pursuit of other financing alternatives, our recurring operating losses and negative cash flows from operations raise substantial doubt about our ability to continue as a going concern within one year after the date these Unaudited Condensed Consolidated Financial Statements are issued, as contemplated by ASC 205-40.”