Reported Earlier, Faraday Future Unveils Phase Two Of "Built In USA" Program, Targets Robot Factory By Year-End, First New Robot Product In Q1 2027

Faraday Future (FF) has announced phase two of its 'Built in USA' program, aiming to launch a new robot factory by year-end and produce its first EAI robot product by Q1 2027. The company has signed a term sheet with Nasdaq-listed AIxC to bring 100% of its robotics division into AIxC, valuing the transaction at approximately $200 million. Additionally, a potential special stock dividend of $2.246 per share is proposed, which would benefit existing stockholders at no extra cost, with an illustrative value of about $55 million on a fully diluted basis.