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Olshan Represents Senyun International Ltd. in $60 Million Financing Agreement with Faraday Future Intelligent Electric Inc.

September 27, 2022

Olshan client Senyun International Ltd., a wholly owned investment entity of Hong Kong-based Daguan International Ltd., has entered into an agreement to commit $60 million in convertible secured note financing to Faraday Future Intelligent Electric Inc., a California-based global shared intelligent electric mobility ecosystem company. As reported in The Wall Street Journal (subscription required), the financing was entered into concurrently with the resolution of a governance dispute between Faraday Future and one of its largest shareholders. Corporate attorneys Honghui Yu, Jason Saltsberg and Sasson Marcus represent Senyun International Ltd. in its investment in Faraday Future.

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