AIxCrypto signs non-binding term sheet to acquire Faraday Future's robotics business for $200 million in stock

AIxCrypto Holdings, Inc.

AIxCrypto entered a Sept. 25, 2026 non-binding term sheet with majority stockholder Faraday Future (FFAI) to acquire RobotCo, parent of FFAI's robotics business, for about $200 million in stock.
Special committee members Chen Shi and Jason E. Dodier unanimously approved the term sheet; the Board concurred, but the deal still requires a fairness opinion and definitive agreement.
Consideration per share is the lower of $2.246 or the five-day average Nasdaq closing price before signing; at $2.246, AIxC's pre-closing fully diluted equity value would be about $54.87 million.
AIxCrypto will rename to FF EAI Robotics Ecosystem Inc. and change its Nasdaq ticker from AIXC to FFR effective Sept. 30, 2026; FFAI's shares face an 18-month lock-up.
FFAI's robotics unit reported 552 cumulative EAI device shipments by end-August, Q2 gross margin of about 30.9%, and management projections of $7.1M 2026 revenue and $45.17M 2027 revenue.

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