Faraday Future signs $10 million stock purchase term sheet with AIxC
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Faraday Future Founder and Co-CEO YT Jia Shares Weekly Investor Update: On January 7, 2026, Faraday Future will Host a Stockholders’ Day, an Event Dedicated to Transparency, Execution Updates, and L
January 5, 2026 1:42 AM ESTFF and AIxC have signed a non-binding term sheet that contemplates a purchase of $10 million in FFAI common stock. If completed, AIxC notes that it intends to use the Common Stock to explore digital asset products, including potential tokenization of the purchased shares.Over the past week, the Company reached agreements with the vast majority of warrant holders to voluntarily terminate and cancel warrants exercisable for up to approximately 44.6 million shares of Common Stock.
LOS ANGELES, Jan. 04, 2026 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ:... More
