u/FaradayFuture_FFAI

• This week’s Investor Weekly Report from FF Founder and Global CEO YT Jia has been rescheduled to October 14.

• FFR and FFAI will host a joint new product launch event on October 14, featuring FF Nova, FF Nova Mini, the EAI Education Ecosystem Brain and Curriculum Skills 2.0, and the FF Nova Developer Reinforcement Learning Platform.

• FFAI and AIAA will co-host an AIAA LA Seminar at FFAI headquarters to address Frontier Technology in Engineering and Academia. More than 50 scholars and professors from leading universities and the AI field were invited to the event.

FFAI Weekly Convertible Note Update | From October 5 through October 11, FFAI further reduced approximately $192,265 in convertible note principal and interest obligations through conversions, resulting in the issuance of 170,575 shares of common stock.

Importantly, the conversions this week were from the convertible notes previously disclosed at the launch of the Company’s Capital Value Restoration Plan as not being subject to the conversion floor.Accordingly, these conversions do not represent any adjustment to, or conversion below, the $5.00 conversion floor applicable to the Company’s other convertible notes.

① $FFAI & $FFR Robotics Sales Hit a New Monthly Record of 265 Units in September

② Q3 Sales Reach 575 Units, Marking the Successful Completion of the Q3 Robotics Practical Deployment Campaign

③ “Physical AI Spark Program” and Related Products to Launch on October 14, Accelerating Nationwide Replication of the Robotics Education Ecosystem

• Multiple EAI robots showcased at IROS 2026, further highlight the Company’s “One-Brain Multi-Form Multi-Capability” EAI Robot World 2.0, with All-New Futurist drawing most attention from attendees.
• The Company engaged with various attendees including developers and ecosystem partners, along with leading universities and research institutions, with many expressing interest with FF for future cooperation and collaboration centered around the EAI Brain and Developer Platform and EAI Data Factory.

Learn more at : https://app-us.ff.com/ff-v3/news/1651?lang=en-US

• FF held Its FF EAI “Built in USA” Upstream & Downstream Business Partner Conference Part two Upstream Partner Session & Industry Ecosystem Co-Creation Session at its headquarters and the International Conference on Intelligent Robots and Systems (IROS) in Pittsburgh, PA, featuring insights from ten partners from around the world, including MetaSense Technology USA, ENCOS, and NexCOBOT, who shared their perspectives on the EAI robotics industry and FF’s “Built in USA” initiative.

• FF announces further execution plans for phase two of the “Built in USA” acceleration program, accelerating the rollout of the Next Futurist and Next Aegis series, initiating the conditional approval application process, and advancing supply chain, compliance certification, and manufacturing capacity development, with the robot factory targeted to begin operations by year-end and the first new EAI robot product targeted to roll off the production line in Q1 2027.

• EAI Robotics “Made in USA” Industry Alliance officially opens for membership, bringing together technology, manufacturing, supply chain, commercialization, research, government and capital partners.

• FFAI has signed a term sheet with Nasdaq-listed AIxC, which currently trades under the ticker AIXC. Under the proposed transaction, we would bring 100% of FF’s robotics company into AIxC. The proposed valuation is approximately $200 million, and FFAI would receive AIxC shares in exchange. On September 30th, AIxC will change its name FF EAI Robotics Ecosystem Inc., and its ticker will change to FFR.

• Potential special stock dividend of $2.246 provides direct benefit to existing stockholders at no additional cost: Under the non-binding term sheet, the proposed per-share price would be the lower of $2.246 or the five-day average closing price prior to signing. At $2.246, FFR’s pre-closing equity. The value would be approximately $55 million on a fully diluted basis, shown for illustrative purposes only. If the per-share price is below $2.246, FFR would declare a one-time special stock dividend to holders of record prior to closing, payable only upon closing and subject to tax analysis.

Learn More : https://app-us.ff.com/ff-v3/news/1642?lang=en-US

· FFAI has entered into a non-binding term sheet with AIxC (soon to be FFR) for proposed all-stock acquisition of FFAI’s robotics assets and businesses at an estimated $200 million valuation. FFR aims to become the first Nasdaq-listed pure-play robotics ecosystem company centered on “Four-Core Full-Stack AI”.

· Under the non-binding term sheet, the proposed per-share price would be the lower of $2.246 or the five-day average closing price prior to signing. At $2.246, FFR’s pre-closing equity value would be approximately $55 million on a fully diluted basis, shown for illustrative purposes only. If the per-share price is below $2.246, FFR would declare a one-time special stock dividend to holders of record prior to closing, payable only upon closing and subject to tax analysis.

· AIxCrypto Holdings, Inc. will be renamed FF EAI Robotics Ecosystem Inc. and change its NASDAQ symbol to FFR, effective September 30, 2026. Through this proposed acquisition, FFR will discontinue its crypto strategy entirely and transform into a pure-play Robotics Ecosystem Company, accelerate achievement of its five-year goal to maintain a Top 3 comprehensive ranking in the EAI robotics ecosystem market.

· In less than one year, FFAI has launched 24 products across three robot forms, all of which have received FCC certification. By the end of August, cumulative EAI Device sales and shipments reached 552 units. In the second quarter, the average gross margin of FFAI’s “Four-Core Full-Stack AI” robotics products exceeded 30%, while cumulative revenue reached approximately $1.52 million.

· Under preliminary projections, the business is projected to reach positive operating cash flow in the third quarter of 2028. Those projections contemplate unaudited revenue of approximately $7.1 million in 2026 and approximately $45.17 million in 2027, with gross margins expected to improve over time from 30.5% in 2027 to 54% in 2030, along with cumulative 2026–2030 revenue of approximately $1.98 billion and growing cumulative EAI Device sales exceeding 130,000 units. They also contemplate a shift in revenue mix from EAI Device sales toward the EAI Brain and Developer Platform, Industry Productivity Solutions, the EAI Data Factory and related services, with ecosystem revenue expected to become a materially larger share.

· FFAI is upgrading into a Robotaxi Sharing Network and AI Visicabin technology operator and a Physical AI investment holding company. FF aims to advance its “Four Future Trends” concept, once again helping to drive automotive-industry transformation.

· AIxC (FFR) proposes to acquire FFAI’s robotics business, targeting to become the first Nasdaq-listed pure-play robotics ecosystem company and transforming into a platform-based EAI robotics ecosystem company centered on “Four-Core Full-Stack AI.” Now both the Board of FFAI and AIxC have approved the Term Sheet.

· AIxCrypto Holdings, Inc. will be renamed FF EAI Robotics Ecosystem Inc. and change its NASDAQ symbol to FFR, effective September 30, 2026. Through this proposed acquisition, AIxC will discontinue its crypto strategy entirely and transform into a pure-play Robotics Ecosystem Company, accelerate achievement of its five-year goal to maintain a Top 3 comprehensive ranking in the EAI robotics ecosystem market.

· Under the non-binding term sheet, AIxC would acquire FFAI's robotics business for around $200 million in stock.

· The per share price would be the lower of $2.246 or the five-day average closing price prior to signing. At $2.246, AIxC's pre-closing equity value would be approximately $55 million on a fully diluted basis, shown for illustrative purposes only. If the per share price is below $2.246, AIxC would declare a one-time special stock dividend to holders of record prior to closing. The dividend would be payable only on closing and remains subject to tax analysis. The transaction is subject to diligence, definitive agreements, and approval of the Company's special committee.

· In less than one year, FFAI’s EAI robotics business has achieved significant progress, exceeding initial expectations. The Company has completed Phase One of its “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, all of which have received FCC certification, with user deliveries underway. The Company’s “Four-Core Full-Stack AI” Ecosystem is beginning to take shape. By the end of August, cumulative EAI Device sales and shipments reached 552 units. In the second quarter, the average gross margin of FFAI’s robotics products exceeded 30%, while cumulative revenue reached approximately $1.52 million.

· Under preliminary projections prepared by FFAI management for the FF EAI Robotics business on a standalone basis, the business is projected to reach positive operating cash flow in the third quarter of 2028. 

· Those projections contemplate unaudited revenue of approximately $7.1 million in 2026 and approximately $45.17 million in 2027, with gross margins expected to improve over time, along with cumulative 2026–2030 revenue of approximately $1.98 billion and growing cumulative EAI Device sales exceeding 130,000 units. They also contemplate a shift in revenue mix from EAI Device sales toward the EAI Brain and Developer Platform, Industry Productivity Solutions, the EAI Data Factory and related services, with ecosystem revenue expected to become a materially larger share. AIxC has not adopted these projections as Company guidance.

· If the transaction is completed, FF EAI Robotics would become a wholly owned subsidiary of AIxC, and its operating performance, capital requirements and uses of capital would be reported within AIxC’s financial statements, subject to the deal closing. 

· Following completion of the proposed transaction, FFAI is expected to consolidate FFR's financial results into its own financial statements based on the applicable accounting treatment of FFAI's interest in FFR under U.S. GAAP, with such consolidation expected to be reflected beginning with FFAI's fiscal year 2026 Form 10-K, around the time of closing. 

· The Company will advance definitive agreements, financing, and transaction closing in an orderly manner.

From September 21 through September 25, FFAI further reduced approximately **$548,750 in convertible note principal and interest obligations** through conversions, resulting in the issuance of **334,869 shares of common stock**.

Importantly, **the conversions this week were from the convertible notes previously disclosed at the launch of the Company’s Capital Value Restoration Plan as not being subject to the conversion floor.** Accordingly, these conversions do not represent any adjustment to, or conversion below, the **$5.00 conversion floor** applicable to the Company’s other convertible notes.

Through these conversions, the Company further reduced its outstanding debt and related interest obligations. FFAI remains focused on orderly debt reduction and will continue to provide transparent weekly updates on convertible note conversion activity.

• On September 28-30, FF will hold Its FF EAI “Built in USA” Upstream & Downstream Business Partner Conference Part two Upstream Partner Session & Industry Ecosystem Co-Creation Session at the International Conference on Intelligent Robots and Systems (IROS) in Pittsburgh, PA.

• FF has invited more than 10 global partners to participate in the event and share their perspectives on the EAI robotics industry and the “Built in USA” initiative.

• A video of the event will go live at 5:00 p.m. PDT on Sept. 29 at www.ff.com.

• The long-term equity incentive plan is designed to align the interests of the core team with FF and its stockholders. FF aims to build the world’s only “One-Brain Multi-Form Multi-Capability” FF EAI Robot World, with Version 2.0 now complete.

• FF believes it has become the U.S. robotics company with the most complete range of robot forms, the broadest size coverage and the largest number of robot models.

① FF officially launched nine new EAI robot products across five models, three product series, and two major robot forms, all available for immediate delivery.

② FF introduced four Industry Productivity Solutions and unveiled its EAI Robot World 2.0, built around the “One-Brain Multi-Form, Multi-Form Multi-Capability” vision.

③ FF Master Mini starts at $9,990, while both FX Aegis Mega configurations are priced at $74,990, expanding FF’s robotics portfolio across education, research, security, inspection, and entertainment applications.

④ As of the end of August, cumulative FF EAI robot sales and shipments reached 552 units. FF also reported an approximately 30% average contribution margin on its robotics products in Q2.

The 919 FF EAI Robotics “Four-Core Full-Stack AI” Ecosystem New Product Series Launch begins at 5:00 PM PDT.
FF will unveil five models and nine new EAI Device configurations, along with four Industry Productivity Solutions for K-12 Education, Research, Security and Inspection.

Watch FF EAI Robot World 2.0 come together: https://www.ff.com

• The remaining balance on such note shall be exchanged into a non-convertible debt obligation, repayable in cash within six months, to further reduce shareholder dilution by approximately 25.16%, as calculated at $5.00 per share conversion floor price. 
• The Company continues to take steps to support its robotics strategy, and these amendments represent FF’s latest action to clear the overhang of potential dilution while optimizing the Company’s capital structure.

 

• Following the close of the second quarter, the Company believes it has regained compliance with the Equity Standard as of July 31, 2026, and has maintained compliance through the date of its latest Current Financial Report.
• Nasdaq will continue to monitor the Company’s ongoing compliance as FF continues to make efforts to strengthen its balance sheet and reduce liability, including taking further steps forward in the Company’s debt-reduction and capital-structure optimization.
• FF’s cumulative sales and shipments have reached 552 units by August end and continue to grow.

· On September 19 at 5:00 p.m. PDT, FF will hold the FF EAI Robotics "Four-Core Full-Stack AI" Ecosystem New Product Series Launch where the Company will focus on launching products of two of its four cores: the EAI Devices core and the Industry Productivity Solutions core.

· A video of the event will go live at 5:00 p.m. PDT on Sept. 19 at https://www.ff.com/ 

· Guests will be able to listen to speeches by Company leadership as well as experience firsthand the Company’s newest robotics initiatives and new product line-up.

· FF AI-Robotics is also participating in IMTS 2026 in Chicago this week, showcasing its Aegis series security and inspection quadruped robots and their capabilities across industrial applications.

① On September 19 at 5:00 p.m. PT, FF will hold the FF EAI Robotics "Four-Core Full-Stack AI" Ecosystem New Product Series Launch where the Company will focus on launching products of two of its four cores: the EAI Devices core and the Industry Productivity Solutions core.

② On September 28, FF will hold Part Two of its EAI Robotics "Built in USA" Launch and Business Partner Conference, focused on recruiting upstream partners to drive cooperation in U.S. local manufacturing, supply chain, product certification, and market access.

③ FF welcomes Steven Newton, Senior Advisor to the US General Services Administration and member of the Los Angeles Unified School District Procurement Committee as a senior advisor. Steven will be fully involved in FF's business growth across government, public institutions, and education sectors.