Qualigen Therapeutics enters $41M PIPE led by Faraday Future; plans crypto pivot and rebrand

AIxCrypto Holdings, Inc.

Faraday Future leads $30M investment at $2.246/share for ~55% beneficial ownership; YT Jia personally invests $4M.
Total PIPE of $41M from FF, Jia, SIGN Foundation (backed by Binance Labs, Sequoia, etc.).
Upon approval, QLGN rebrands as CXC10, focusing on crypto/Web3; Jerry Wang named Co-CEO, Koti Meka CFO.
FF gets two board seats (potential to increase to four); board resignations; Jia appointed Chief Advisor.
Voting support agreements secured; closing expected ~Sept 29, 2025; placement agent Univest Securities.

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