FF’s Robotics Arm to Go Public via Merger with AIxC
4 day ago / Read about 0 minute
Author:小编   

On September 29, FF announced on its official Weibo account a strategic pivot: it is upgrading its business focus to become a Physical AI investment and incubation holding company. As part of this transformation, FF will merge its robotics business with AIxC, a company listed on Nasdaq. The stock ticker will change from AIXC to FFR, starting from the market open on September 30. At present, the boards of directors of both FFAI and AIxC have approved a non-binding term sheet for this transaction. Once finalized, FFAI will emerge as the single largest controlling shareholder of FFR.