AIxCrypto signs term sheet to buy Faraday Future robotics unit in all-stock deal valued at $200 million
- AIxCrypto signed a non-binding term sheet for an all-stock acquisition of Faraday Future’s EAI robotics business at about $200 million.
- Transaction would transfer robotics assets, IP, data, contracts, employees, and liabilities into the entity being acquired.
- AIxCrypto plans to rename to FF EAI Robotics Ecosystem Inc. on Sept. 30, 2026; Nasdaq ticker to change from AIXC to FFR.
- Term sheet sets a per-share price at the lower of $2.246 or the five-day average close before signing.
- Faraday Future expects to remain the controlling shareholder of FFR following completion of the proposed acquisition.
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: 202609292224PR_NEWS_USPR_____CN60131) on September 30, 2026, and is solely responsible for the information contained therein.