AIxCrypto signs term sheet to buy Faraday Future robotics business in USD 200 million stock deal
Bitget2026/09/28 21:00- 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: 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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