Faraday Future Intelligent Electric Inc.

Los Angeles – – September 30, 2026 -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) has signed a non-binding term sheet to move its entire EAI robotics business into Nasdaq-listed AIxCrypto Holdings, Inc. (NASDAQ: AIXC), at a proposed valuation of approximately $200 million in an all-stock deal.

AIxC will rename itself FF EAI Robotics Ecosystem Inc. and swap its ticker to FFR effective September 30, 2026.

Both companies' special committees have approved the term sheet, though the transaction remains subject to due diligence, definitive documentation and regulatory approvals. Under the proposed structure, AIxC will discontinue its crypto strategy and become a pure-play robotics company built around FF's "Four-Core Full-Stack AI" model, while FFAI retains its position as the single largest and controlling stockholder of FFR.