Name and Nasdaq symbol change take effect Sept. 30, 2026; crypto exit is tied to a non-binding Faraday Future robotics deal
AIxCrypto Holdings Inc. on Wednesday takes a new public-market name and ticker. At the Nasdaq Capital Market open, the company said, it becomes FF EAI Robotics Ecosystem Inc. The symbol flips from AIXC to FFR.
That change is not the deal. It is the label. The robotics transaction Faraday Future Intelligent Electric Inc. put on paper last week is still a non-binding term sheet.
FFAI, Nasdaq: FFAI, is AIxCrypto’s majority stockholder. On Sept. 25, according to Faraday Future’s 8-K, the two sides signed a term sheet for AIxCrypto to buy Faraday Future’s robotics business in an all-stock deal at an estimated $200 million valuation. Faraday Future would get AIxCrypto common stock and non-voting convertible preferred stock. Faraday Future expects to remain the largest, controlling holder if the sale closes.
The company put the crypto question in one sentence. “Through this proposed acquisition, FFR will discontinue its crypto strategy entirely and transform into a pure-play Robotics Ecosystem Company.”
The name change does not wait for closing. An 8-K said the corporate name takes effect at 12:01 a.m. Eastern Time on Sept. 30. The ticker changes at the open. The CUSIP stays the same. The board approved the rename by unanimous written consent dated Sept. 23. No stockholder vote was required. Shareholders do not have to exchange certificates.
The deal math is in the term sheet, not in a definitive merger agreement. The proposed per-share price would be the lower of $2.246 or the five-day average closing price before signing. At $2.246, the companies said, FFR’s pre-closing equity value would be about $55 million on a fully diluted basis, shown for illustration only. If that price prints below $2.246, FFR would declare a one-time special stock dividend to holders of record before closing. Payable only at close. Subject to tax analysis.
Nothing here is automatic. The companies said the proposal remains subject to due diligence, definitive agreements, review and approval by FFR’s and FFAI’s special committees, applicable approvals and other customary closing conditions. It may not be completed. Faraday Future is the counterparty and the controlling stockholder. The companies flagged that conflict in the risk language.
What FFR would be buying, if it gets there, is Faraday Future’s robotics assets and businesses. The Sept. 29 release cited about $1.52 million of cumulative robotics revenue through the end of August. It said average gross margin on “Four-Core Full-Stack AI” robotics products exceeded 30% in the second quarter. Faraday Future management’s standalone projections, which FFR said it has not adopted as guidance, put 2026 revenue at about $7.1 million and 2027 revenue at about $45.17 million. The same unaudited sketch lists about $1.98 billion of cumulative revenue from 2026 through 2030 and more than 130,000 cumulative EAI device sales over five years.
Those figures are Faraday Future’s. FFR said they have not been independently verified and may differ materially from results.
The investor-relations page now describes FFR as Faraday Future’s dedicated Physical AI and EAI robotics ecosystem company, built around a “Four-Core Intelligence” frame: EAI Brain and Open Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. The company said it aims, through the proposed deal, to be a Nasdaq-listed pure-play robotics ecosystem name.
The same disclosures warn about the other side of the pivot. Limited cash. Operating losses. Negative operating cash flow. Substantial doubt about the ability to continue as a going concern. Risks in winding down digital-asset positions, including price swings, market depth, custody and tax treatment. Nasdaq listing questions if the business mix or control changes. Dilution from a large share issuance. Dependence on Faraday Future after close for transition, supply and support.
The rename is Wednesday’s fact. The crypto exit is the company’s stated plan if the acquisition is completed. The term sheet is still paper until definitive documents are signed and the remaining conditions are met.
SEC filings for both issuers are posted at the commission’s site.
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