FF EAI Robotics Details All-Stock Acquisition of FFAI Assets
FF EAI Robotics said the assets were valued at approximately $200 million, with shares issued at $2.246—about a 50% premium to the signing-date close. The deal is subject to closing.
FF EAI Robotics Ecosystem Inc. scheduled its Nasdaq Investor Day for Oct. 26 and outlined an all-stock acquisition of FFAI’s robotics assets, valued at approximately $200M. The company would issue shares at $2.246, about a 50% premium to the closing price on the signing date.
The transaction remains subject to closing.