Faraday Future Says Special Stock Dividend Excluded From Definitive Robotics Deal

• Faraday Future clarified that its definitive robotics sale agreement excludes the special stock dividend contemplated in the earlier nonbinding term sheet.
• Signed October 12, 2026, the all-stock deal values the robotics business at approximately $200 million and FFR at approximately $60 million.
• FFR will issue shares at $2.246 each, approximately 50% above its closing price on the signing date.
• Following the acquisition and PIPE financing, FFAI expects approximately 65.7% ownership of FFR, with newly received shares locked up for 18 months.
• Closing is expected by the end of October 2026; FFR has secured up to $10 million in PIPE financing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Faraday Future Intelligent Electric Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-109824), on October 15, 2026, and is solely responsible for the information contained therein.