AIxCrypto shareholders back up to $50 million stock issuance under Gold King Arthur equity line
AIXC•Pricing and ownership limits
Pricing is set at 93% of a three-day VWAP, and the investor retains a 3% draw fee.
Ownership is capped at 9.99% of outstanding shares.
Shareholder approval for equity line
AIxCrypto board actions cleared a $50 million committed equity line tied to a June 16, 2026 common shares purchase agreement.
Majority shareholder Faraday Future executed written consent on Aug. 20, 2026, backing issuance above Nasdaq’s 19.99% cap.
The Exchange Cap was calculated at 4,044,975 shares; the company reserved 55,000,000 shares for potential VWAP-based sales under the facility.
