FF passes important proposal to support business expansion of body-shaped AI robots

Gasgoo Munich- On February 14, Faraday Future (FF) announced that its recently held extraordinary general meeting of shareholders concluded with the approval of all relevant proposals.

Image source: FF

At the general meeting of shareholders, a proposal to increase the number of authorized shares of the company was approved. Although this move will expand the reserve of authorized shares, it will not immediately increase the number of shares actually issued.

This approval supports our recent capital planning arrangements and existing obligations regarding the issuance of Class A common stock. It also creates flexibility for future financing, strategic initiatives, employee compensation plans, and other compliant uses consistent with the company’s 2026 business strategy. In particular, this includes advancing significant production milestones for FX Super One and accelerating research, development and commercialization of FF’s embodied AI robot products.

FF said it is moving forward with core projects. Following the signing of upgraded strategic cooperation agreements with partners, the company’s FF AI plant in Hanford, California, is actively ramping up production readiness. FX Super One is focused on production readiness and is making steady progress toward its goal of first deliveries this year.

Meanwhile, the company launched its first series of embodied AI robot products and opened non-refundable, non-binding paid pre-orders. The first deliveries are scheduled for the end of this month. Focusing on its robotics business, FF is proceeding with mass production preparations, customization development, testing, and AI data learning. These efforts are aimed at sustaining the company’s dual-engine growth curve driven by its two core product categories: EAI vehicles and robots.

According to previously published information, FF has set starting prices for three robot models. The Futurist series is $34,990, the Master series is $19,990, and the Aegis series is $2,499.