{
  "docId": "019dd923-622c-750b-8b9a-a9cb23e434c6",
  "docSlug": "85539af44f20",
  "documentTitle": "Faraday Future Intelligent Electric Inc. (FFAI)",
  "authorId": "60_Wolfpack_Research",
  "authorName": "Wolfpack Research",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2025-09-11 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 16,
  "pageCount": 37,
  "prevPage": 15,
  "nextPage": 17,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 2,
  "notes": "The text highlights a specific legal maneuver involving the transfer of assets to settle debts while under bankruptcy proceedings.",
  "elementsJson": [
    "paragraph"
  ],
  "metadataConfidence": 0.9,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-a9cb23e434c6/16",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-a9cb23e434c6#slide-16",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "It appears that YT transferred 4.5 million shares to a creditor via Blitz in April 2020 after the bankruptcy had already begun and one month after he had stated to the bankruptcy court that he had no interest whatsoever in Blitz.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-70f9-71ae-a673-cdd763dc0b1b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.07,
        "w": 0.76,
        "x": 0.12,
        "y": 0.29
      },
      "kind": "list",
      "text": "(a) 4,500,000 Series C Preferred Shares... (b) US$2,500,000 payable...",
      "attrs": null,
      "subkind": "numbered",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1e300765-03bc-41c0-bff2-84f0a8e312b8",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.76,
        "x": 0.12,
        "y": 0.09
      },
      "kind": "paragraph",
      "text": "Golden Clouds was Ms. Liping Liu, who also replaced Mr. Yi Hao and became the new nominee director for Blitz. Ms. Liu served YT in a similar capacity for other companies, including one that was originally owned directly by YT, but was later transferred to his older sister.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "303c2e06-74a5-440c-bca9-0a534f37d1ba",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.76,
        "x": 0.12,
        "y": 0.38
      },
      "kind": "paragraph",
      "text": "Section 4. Payment of Purchase Price. (a) All right, title and interest of Blitz Technology Hong Kong Co. Limited... in and to the Atieva Shares shall be transferred to Creditor... YT was the intended beneficiary of this transfer.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "34ee4ded-8e4d-471b-aa83-c0b97172c925",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.06,
        "w": 0.76,
        "x": 0.12,
        "y": 0.22
      },
      "kind": "paragraph",
      "text": "It appears that YT transferred 4.5 million shares to a creditor via Blitz in April 2020 after the bankruptcy had already begun and one month after he had stated to the bankruptcy court that he had no interest whatsoever in Blitz.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9dcb80b8-5d18-4db5-9951-8bd123872e7b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.76,
        "x": 0.12,
        "y": 0.17
      },
      "kind": "paragraph",
      "text": "After Golden Clouds became the sole shareholder of Blitz, it became even more instrumental for YT since he would use shares from Blitz to pay off one of his creditors in secret.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "cf289451-271a-40ab-8eae-0b577f8dd4ca",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.76,
        "x": 0.12,
        "y": 0.48
      },
      "kind": "paragraph",
      "text": "(a) all past, present and future claims... against Jia Yueting... LeEco Holding (Beijing) Limited... and all of their respective present, former, and future parents, predecessors, successors... (collectively, the \"Obligors\")",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "dcde1d50-6e37-4e87-83e6-05ce653e512a",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 24,
      "from": 16,
      "beatId": "3f31d2d8-22b2-44ef-b2a6-a7ecfc0f4545",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Victory",
      "beatSlug": "overcoming-monster-the-victory",
      "evidence": "The document appears to have 'exposed' FFAI's alleged wrongdoings.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": "Turn",
      "parentBeatSlug": "turn"
    }
  ],
  "loops": [
    {
      "to": 19,
      "from": 10,
      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
      "matchId": "8e901bca-407b-4147-8e46-fb4c05a75817",
      "evidence": "The document implies that investors and others may be harmed if they do not take action.",
      "position": 1,
      "objective": "Highlight the consequences of not acting against FFAI's alleged wrongdoings",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.6,
      "description": "Quantify what happens if the audience does nothing"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}