• Following the close of the second quarter, the Company believes it has regained compliance with the Equity Standard as of July 31, 2026, and has maintained compliance through the date of its latest Current Financial Report.
  • Nasdaq will continue to monitor the Company’s ongoing compliance as FF continues to make efforts to strengthen its balance sheet and reduce liability, including taking further steps forward in the Company’s debt-reduction and capital-structure optimization.
  • FF’s cumulative sales and shipments have reached 552 units by August end and continue to grow.

Faraday Future Intelligent Electric Inc. (NASDAQ:FFAI) ("Faraday Future", "FF" or the "Company"), a California-based global Embodied AI (EAI) ecosystem company, today issued an update regarding its compliance status with the Nasdaq Capital Market’s continued listing requirements. Following the close of the second quarter, the Company believes it has regained compliance with the Equity Standard as of July 31, 2026, and has maintained compliance through the date of its latest Current Financial Report.

During July and August 2026, FF continued to strengthen its balance sheet through targeted liability reduction initiatives. The Company reduced notes payable by approximately $10.0 million based on a preliminary fair valuation of the instrument as of June 30, 2026, and lowered its derivative call option liability by approximately $5.8 million. In addition, accounts payable and accrued liabilities decreased by approximately $15.3 million, primarily driven by a $13.5 million reduction in employee-related liabilities and a $2.5 million cleanup of legacy vendor accounts payable, partially offset by new vendor payables accrued during the period.