Faraday Future agrees to sell robotics unit to affiliate FFR for $200 million in stock
On October 12, 2026, Faraday Future signed a Transaction Agreement under which FFR, a company it controls, will acquire its robotics business for a purchase price of $200 million, paid in FFR common and non-voting preferred stock. Because FFR is controlled by the company, the deal is a related-party transaction, and closing depends on conditions including FFR stockholder approval, with an outside date of December 31, 2026.
Key points
- Purchase price of $200,000,000, adjusted for outstanding FF Robotics options, paid at $2.246 per FFR share
- At closing, FFR issues 1,317,949 common shares and 65,427 non-voting convertible preferred shares to the Cayman Seller
- Company expects FFAI to hold approximately 65.7% of FFR after closing, with closing expected by the end of October 2026
- FFR plans a PIPE financing of up to $10 million, but closing is not conditioned on it
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 14, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.