FF EAI Robotics Ecosystem agrees to buy Faraday Future robotics assets valued at about $200 million
FFR•FF EAI Robotics Ecosystem signed definitive agreements for an all-stock acquisition of Faraday Future’s robotics assets at a valuation of about $200 million. Closing is expected by the end of October 2026, with Faraday Future expected to own about 65.7% of the combined company after closing.
1. Deal terms
FF EAI Robotics Ecosystem will issue shares to Faraday Future at $2.246 per share, about a 50% premium to FF EAI Robotics’ Oct. 12 close. Newly issued shares will be subject to an 18-month lockup, and a PIPE of up to $10 million was secured at market price with no discount or warrants. The earlier term sheet’s special stock dividend mechanism was dropped; post-transaction public float is estimated at about 13 million shares.
