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FF EAI Robotics Ecosystem Signs Definitive Agreements to Combine FFAI's Full Robotics Business at About $ 200 Million and $ 2.246 Per Share , an Approximate 50 Percent Premium ; Becoming the First U.S. - Listed Humanoid and Bionic EAI Robotics Pure Play October 14 , 2026 • FF EAI Robotics Ecosystem Inc. ( NASDAQ : FFR ) ( formerly AlxCrypto Holdings , Inc. and AIXC ) and Faraday Future Intelligent Electric Inc. ( NASDAQ : FFAI ) ( " FFAI " ) signed definitive agreements on October 12 , 2026 , for FFR to acquire FFAI's robotics assets and business in an all - stock transaction . The parties agreed on a valuation of approximately $ 200 million for FFAI's robotics business and approximately $ 60 million for FFR on a fully diluted basis . All closings are expected to be completed by the end of October 2026 . • FFR will issue shares to FFAI at $ 2.246 per share , representing a premium of approximately 50 % to FFR's closing price of $ 1.50 on the signing date of October 12 , 2026 and approximately 55 % to closing price of $ 1.45 on October 13 , 2026 . • The transaction was approved by the respective Board special committees comprising disinterested independent directors of FFAI and FFR , and is supported by a fairness opinion issued by the independent financial advisor engaged by the FFR special committees . • FFR has secured its first round of PIPE financing of up to $ 10 million . The financing is priced at market , with no discount or no warrants , and low associated financing costs . To support investor interests , FFR limited this round's financing to no more than $ 10 million to meet its current funding needs while reducing unnecessary equity dilution . Upon closing of the acquisition transaction and PIPE financing , on an as - converted , fully diluted basis , FFAI will hold approximately 65.7 % of FFR , with all newly issued shares received in this transaction subject to an 18 - month lockup , management and employees approximately 18.2 % , PIPE investors approximately 5.5 % , and other FFR stockholders approximately 10.7 % . PIPE investors may not sell their shares within six months or before the resale registration statement becomes effective . FFAI , management and employees , and PIPE investors will collectively hold approximately 89.3 % . Excluding these holdings , the freely tradable public float will consist of approximately 13 million shares , representing approximately 10.7 % of the total . • FFR will become the first U.S. - listed pure - play " Four - Core Full - Stack Al " humanoid and bionic EAI robotics ecosystem company , targeting a top - three overall ranking in the EAI robotics industry over the next five years . As the first U.S. company to deliver both humanoid and bionic robots , FF is turning its first - mover advantage into a competitive advantage , drawing on its " Four - Core Full- Stack Al " Ecosystem , EAI technology strengths , and " One Brain , Multiple Forms ; Multiple Forms , Multiple Capabilities " approach to build a leading U.S. Physical Al and robotics ecosystem platform . The four cores , EAI Brain and Developer Platform , EAI Devices , Industry Productivity Solutions , and EAI Data Factory , will accelerate deployment across education and research , security and inspection , industrial and logistics , and commercial applications and services . The " Built in USA " Acceleration Program will translate these technology and ecosystem capabilities into U.S. - based R & D , compliance , supply chain , manufacturing , delivery , and service capabilities , creating a self - evolving flywheel of real - world deployment , data collection , EAI Brain model refinement , and updates to real - world deployments . • In less than a year , FFAI's EAI robotics business has made progress exceeding expectations . The Company has completed Phase One of the " Built in USA " Acceleration Program and is advancing the " One - Brain Multi - Form Multi - Capability " FF EAI Robot World 2.0 . FFAI has launched 24 products across three robot forms and begun customer deliveries . Its " Four - Core Full - Stack Al " Ecosystem is taking shape . By the end of September , cumulative EAI Device sales and shipments reached 817 units . In the second quarter , the average gross margin on FFAI's robotics products exceeded 30 % , and cumulative revenue was approximately $ 1.52 million .