Common use of Unaudited Interim Financial Statements Clause in Contracts

Unaudited Interim Financial Statements. The historical interim financials of the Issuer and its Subsidiaries as of September 30, 2024, copies of which have been delivered to each Purchaser (provided, that filing of such historical interim financials with the Commission shall constitute delivery to the Purchasers), (i) were prepared substantially in accordance with GAAP consistently applied throughout the periods covered thereby, except as otherwise expressly noted therein, and (ii) fairly present, in all material respects, the financial condition of such Persons as of such date and their results of operations for the periods covered thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments and adjustments for purchase accounting. Any such historical financials that the Issuer filed with the Commission via ▇▇▇▇▇ shall be deemed to have been delivered to the Purchasers.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Faraday Future Intelligent Electric Inc.), Securities Purchase Agreement (Faraday Future Intelligent Electric Inc.)

Unaudited Interim Financial Statements. The historical interim financials of the Issuer and its Subsidiaries as of September 30March 31, 20242025, copies of which have been delivered to each Purchaser (provided, that filing of such historical interim financials with the Commission shall constitute delivery to the Purchasers), (i) were prepared substantially in accordance with GAAP consistently applied throughout the periods covered thereby, except as otherwise expressly noted therein, and (ii) fairly present, in all material respects, the financial condition of such Persons as of such date and their results of operations for the periods covered thereby, subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments and adjustments for purchase accounting. Any such historical financials that the Issuer filed with the Commission via ▇▇▇▇▇ shall be deemed to have been delivered to the Purchasers.

Appears in 1 contract

Sources: Securities Purchase Agreement (Faraday Future Intelligent Electric Inc.)