Faraday Future enters term sheet with AIxC for robotics business valued at about $200 million
FFAI•Faraday Future entered a non-binding term sheet with AIxC for an all-stock acquisition of FFAI’s robotics assets, valued at about $200 million.
1. Proposed acquisition
The proposed per-share price would be the lower of $2.246 or the five-day average closing price before signing. If the signing price is below $2.246, a one-time special stock dividend would bridge the value to $2.246 per share.
2. Robotics figures
FFAI reported 552 cumulative robot shipments by the end of August, $1.52 million in revenue and a 30.9% average gross margin in the second quarter of 2026. The transaction would position FFR as a Nasdaq-listed pure-play robotics ecosystem company.
