other material
confidence high
sentiment neutral
materiality 0.85
Qualigen shareholders approve all proposals; name change to AIxCrypto, Faraday Future becomes majority holder
AIxCrypto Holdings, Inc.
- Stockholders approved private placement of 337,432 common shares and 39,943 Series B convertible preferred shares.
- Faraday Future becomes majority owner with ~55% direct equity (incl. affiliates ~63%); will nominate majority of board.
- Company rebrands to AIxCrypto Holdings, Inc., ticker changes to AIXC on Nov 20, 2025 from QLGN.
- Company transitions from biotech to AI × Web3 platform, unveiling three-year roadmap at Nasdaq ceremony on Nov 20.