AIxCrypto Holdings, Inc. entered into a non-binding term sheet to acquire the robotics business of majority stockholder Faraday Future Intelligent Electric Inc. for approximately $200 million in an all-stock transaction. The company will be renamed FF EAI Robotics Ecosystem Inc., and its Nasdaq ticker will change from AIXC to FFR, effective September 30, 2026. Consideration involves issuing common stock and non-voting convertible preferred stock at a per-share price of $2.246 or the five-day average closing price prior to signing. If the price falls below $2.246, a special stock dividend may be declared. The company operates in the embodied AI robotics industry.
