Faraday Future announces ~$200M all-stock deal to sell robotics business to FF EAI Robotics Ecosystem at $2.246 per share; will hold ~65.7% stake

Faraday Future announced an all-stock deal worth about $200 million to sell its robotics business to FF EAI Robotics Ecosystem at $2.246 per share. Faraday Future will hold roughly a 65.7% stake after the transaction.

Detected & updated continuously · Source: Nebula