AIxCrypto signs term sheet to buy Faraday Future robotics business in USD 200 million stock deal

Bitget2026/09/28 21:00

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AIxCrypto Holdings signed a non-binding term sheet to buy Faraday Future’s robotics business in an all-stock deal valued at about USD 200 million.
Closing would trigger a rebrand to FF EAI Robotics Ecosystem, with the Nasdaq ticker set to change to FFR on Sept. 30, 2026.
Pricing uses the lower of USD 2.246 a share or the five-day average close before signing; illustrative fully diluted equity value about USD 55 million.
If the price is below USD 2.246, a one-time special stock dividend would be declared for holders of record before closing, payable only at closing.
Faraday Future would receive restricted shares subject to an 18-month lock-up; completion depends on diligence and definitive agreements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AIxCrypto Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609281700PR_NEWS_USPR_____CN58412) on September 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AIxCrypto signs term sheet to buy Faraday Future robotics business in USD 200 million stock deal

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