Faraday Future closes $200M robotics sale to FFR; FFR guides to ~2,000 robots in 2026

FARADAY FUTURE INTELLIGENT ELECTRIC INC.

Closed Oct. 23, 2026: FFR paid a $200M formula-based price via 1,315,313 FFR common shares and 65,475 preferred shares (66,790,313 as-converted at $2.246).
FFR expects October 2026 robot sales/shipments to exceed 300 units, a monthly record, lifting cumulative shipments above 1,100 at positive unit gross margin.
FFR issued first FY2026 guidance: approximately 2,000 robot sales and shipments, while maintaining positive unit gross margin.
FFR named YT Jia CEO, Jerry Wang Executive Chairman and Chen Shi Lead Independent Director; Jia and Wang retain their FFAI roles.
Sellers agreed to an 18-month lock-up; FFGP obtains more than 50% of FFR voting power and the right to designate four of seven directors.

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