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Faraday Future Announces Completion of FFR’s Acquisition of FF Robotics Business, Establishing a Nasdaq-Listed Humanoid and Bionic Robotics Platform; October Robot Sales to Exceed 300 Units; Unveils FF OmniMind, a Unified AI Brain for All Robots

Business Wire

  • FFR has completed its acquisition of FFAI's robotics business and issued and delivered common shares and non-voting convertible preferred shares to Smart Technology Holdings Ltd., a subsidiary of FFAI, as transaction consideration. Following the October 23, 2026 closing, FFR shares trading on Nasdaq represent a company that now includes FF Robotics' business and assets. Following the transaction, FFR continues trading on Nasdaq as a pure-play humanoid and bionic Physical AI robotics ecosystem company built around "Four-Core Full-Stack AI."

  • FFR believes it has become the No. 1 in K–12 robotics education in the U.S., FFR's next goal is to become the No. 1 company in robotics education nationwide, rank among the top three in the Physical AI robotics industry and become one of the most valuable companies in the Physical AI era.

  • FFR has completed changes to its Board and management team, appointing YT Jia as CEO, Jerry Wang as Executive Chairman, and Chen Shi as Lead Independent Director, and Jason E. Dodier as independent director.

  • FFR announced three new strategic partnerships: with well-known California-based professional services company KYA GROUP, California Science and Technology University, and with Pinnacle, one of Southern California's leading real estate brokerages.

  • FFR issued full-year 2026 guidance for the first time, expecting sales and shipments of approximately 2,000 robots for the acquired robotics business on a standalone full-year basis, with continued positive unit gross margins on robot deliveries. The guidance reflects management's confidence in near-term performance and growth prospects, and its determination to accelerate efforts to maximize value for stockholders.

NEW YORK, October 26, 2026--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("FFAI" or "Faraday Future"), a California-based global Embodied AI (EAI) ecosystem company, today provided an update following FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) ("FFR"), a U.S.-based Embodied AI robotics company, announced at the deal closing and its first Investor Day event in New York that it had completed its acquisition of FFAI's robotics business and related assets on October 23, 2026. The related business operations and assets have been transferred to FFR, and FFR has issued and delivered common shares and non-voting convertible preferred shares to Smart Technology Holdings Ltd., a subsidiary of FFAI, as transaction consideration. Following the transaction, FFR continues trading on Nasdaq as a pure-play company focused on humanoid and bionic Physical AI robotics within a "Four-Core Full-Stack AI" ecosystem.

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