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AIxC Plans to Merge with FF EAI Robotics
4 day ago /
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Author：小编
On September 28, Nasdaq-listed company AIxC (to be renamed FFR starting September 30) announced its plan to merge with FF EAI Robotics. FFAI will undergo a major strategic upgrade, transforming into a Robotaxi and smart cabin sharing operator, and becoming a Physical AI investment holding company. Currently, FFAI has signed a letter of intent with AIxC to merge 100% of its robotics company's equity into AIxC at a market valuation of approximately $200 million, with the transaction to be paid in AIxC shares. Additionally, AIxC will be renamed FF EAI Robotics Ecosystem Inc., with its stock ticker changing to FFR, effective September 30.
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