On March 17, 2026, Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) announced a new initiative aimed at enhancing long-term value and aligning the interests of executives and employees with those of stockholders. The company intends to repurchase shares of its Class A common stock, par value $0.0001 per share, in an amount approximately equal to the total after-tax value of executive and employee deferred compensation for the March through May 2026 period, estimated to be around $500,000. This initiative is subject to approval by the Company’s Board of Directors and compliance with applicable securities laws and trading policies.

The repurchased shares will be allocated to participating executives and employees as a settlement of their deferred compensation, thereby increasing their equity ownership in the company. This move is seen as a proactive response to potential illegal market manipulation and short selling, reinforcing the company's commitment to its strategic execution during a challenging market environment.

YT Jia, the founder and Global Co-CEO of Faraday Future, expressed confidence in this initiative, stating that it reflects the management's commitment to liquidity management and long-term strategic execution. The company is also preparing for a potential submission to the U.S. Securities and Exchange Commission regarding market manipulation concerns. This share repurchase program is expected to bolster market confidence and demonstrate the company's determination to protect the interests of both stockholders and employees.

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