Faraday Future enters term sheet with AIxC for all-stock purchase of robotics business valued at about $200 million

Bitget2026/09/29 11:30

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Faraday Future entered a non-binding term sheet with AIxC, soon to be FFR, for an all-stock acquisition of FFAI’s robotics assets.
Transaction valuation is about USD 200 million, positioning FFR as a Nasdaq-listed pure-play robotics ecosystem company.
Per-share price would be the lower of USD 2.246 or the prior five-day average close before signing.
If the signing price is below USD 2.246, a one-time special stock dividend would bridge the value to USD 2.246 per share.
FFAI reported 552 cumulative robot shipments by end-August, USD 1.52 million revenue, and 30.9% average gross margin in Q2 2026.

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. Faraday Future Intelligent Electric Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260929287244) on September 29, 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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Faraday Future enters term sheet with AIxC for all-stock purchase of robotics business valued at about $200 million

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