AIxCrypto to Acquire Faraday Future Robotics Business in $200M Deal, Transitioning into Pure-Play Ecosystem Company
AIxCrypto Holdings (NASDAQ: AIXC) has signed a non-binding term sheet with Faraday Future Intelligent Electric Inc. (FFAI) for the acquisition of its robotics business at an estimated valuation of $200 million in stock, aiming to become the first Nasdaq-listed pure-play robotics ecosystem company. The deal involves AIxCrypto transitioning away from cryptocurrency and focusing entirely on FFAI's EAI Robotics division, which has already launched 24 products across three robot forms with FCC certification and is progressing toward its 'Robot World 2.0' vision. FFAI’s robotics business reported $1.52 million in Q2 revenue with gross margins over 30%, while projections suggest it could reach positive operating cash flow by late 2028, with cumulative revenues expected to exceed $1.98 billion between 2026 and 2030. The transaction is subject to due diligence, definitive agreements, and approval from AIxCrypto’s special committee. If completed, the robotics business will become a wholly owned subsidiary of AIxCrypto under its new name FF EAI Robotics Ecosystem Inc., with ticker symbol FFR effective September 30, 2026. The deal also includes potential adjustments in share price and a one-time stock dividend for shareholders.
Topics: acquisition EAI ecosystem robotics stock restructuring