- Non-binding term sheet signed Sept. 28, 2026.
- Acquisition price: ~$200 million in stock.
- Per-share price: lower of $2.246 or five-day average closing price.
- Special stock dividend if per-share price below $2.246.
- Name change to FF EAI Robotics Ecosystem Inc., ticker change to FFR on Sept. 30.
- Special committee of independent directors approved term sheet.
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