Sidley Represents Faraday Future in New Financing Commitments

Sidley represented Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE), a California-based global shared intelligent electric mobility ecosystem company, in its new funding commitment of US$90 million plus the acceleration of an existing commitment of US$15 million. The investment round is led by an existing investor, ATW Partners funds, with participation from Senyun International. This funding commitment will support the ongoing production and delivery of the company’s FF 91 electric vehicle and its long-term strategic goals.

The Sidley team was led by Vijay S. Sekhon (M&A and Private Equity), Banks Bruce (Global Finance), and Michel P. Heinz (Capital Markets); it included Feifei Bian and Jessica Li (M&A and Private Equity), Kendra Smith and Caroline Roberts (Global Finance), and Christine Duque (Corporate Governance).