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Faraday Future Enters Non-Binding Term Sheet for Acquisition of Robotics Business
Acquiring Company
RITTER PHARMACEUTICALS INC
Acquired Company
Faraday Future Intelligent Electric
Los AngelesCaliforniaBiotechnologyFinancial ServicesArtificial IntelligenceFinanceFintechBlockchainCryptocurrencyMachine LearningFinancial ServicesAutomotiveDescription
On September 25, 2026, Faraday Future Intelligent Electric, Inc. entered into a non-binding term sheet with AIxCrypto Holdings, Inc. for the sale of its robotics business. AIxC will acquire all outstanding equity interests of the robotics division, excluding options held by executives. The transaction is expected to proceed as a two-step acquisition process.
Fundz sees it the moment RITTER PHARMACEUTICALS INC makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Faraday Future Intelligent Electric?
Faraday Future Intelligent Electric was acquired by RITTER PHARMACEUTICALS INC, based in Los Angeles. The deal was reported on September 28, 2026. Ritter Pharmaceuticals discovers and commercializes treatments for gastrointestinal diseases. RITTER PHARMACEUTICALS INC is publicly traded (AIXC) and operates in Biotechnology.
When did RITTER PHARMACEUTICALS INC acquire Faraday Future Intelligent Electric?
RITTER PHARMACEUTICALS INC's acquisition of Faraday Future Intelligent Electric was reported on September 28, 2026. On September 25, 2026, Faraday Future Intelligent Electric, Inc. entered into a non-binding term sheet with AIxCrypto Holdings, Inc. for the sale of its robotics business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Faraday Future Intelligent Electric do?
Faraday Future Intelligent Electric Inc. is a California-based global Embodied AI (EAI) ecosystem company. The company focuses on advancing intelligent mobility and robotics products. It is privately held, operating in Financial Services, and is based in California.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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