Mergers & Acquisitions ·
FFR agrees to acquire Faraday Future's robotics business for $200M in stock
FFAIFaraday Future Intelligent Electric Inc.
Faraday Future Intelligent Electric Inc. entered into a definitive agreement with FF EAI Robotics Ecosystem Inc. (FFR) for FFR to acquire the company’s full robotics ecosystem business at an agreed valuation of approximately $200 million. The all-stock transaction involves FFR issuing shares to Faraday Future at $2.246 per share, representing a premium to its recent market price. Following closing, Faraday Future is expected to hold approximately 65.7% of FFR as the majority and controlling stockholder. The deal includes an 18-month lock-up for newly issued shares and a concurrent private placement of up to $10 million in PIPE financing. Closing is expected by the end of October 2026, subject to customary conditions including regulatory approvals and stockholder consent. Faraday Future operates as a global Embodied AI ecosystem company focused on robotics and mobility solutions.