Faraday Future Spins Off Robotics Unit Toward Nasdaq Listing at $200 Million
Faraday Future (FF) is spinning off its robotics unit, valuing it at $200M, and combining it with Nasdaq-listed FF EAI Robotics (FFR). FF will hold 65.7% of the new entity, with FFR issuing shares at a 50% premium. The robotics unit has shipped 817 units, with $1.98B in cumulative revenue projected by 2030. FFR aims to list on Nasdaq by late October.




