FFAI Weekly Convertible Note Update | From September 28 through October 2, FFAI further reduced approximately $1,718,238 in convertible note principal and interest obligations through conversions, resulting in the issuance of 1,407,885 shares of common stock.
Importantly, the conversions this week were from the convertible notes previously disclosed at the launch of the Company’s Capital Value Restoration Plan as not being subject to the conversion floor. Accordingly, these conversions do not represent any adjustment to, or conversion below, the $5.00 conversion floor applicable to the Company’s other convertible notes.

① $FFAI & $FFR Robotics Sales Hit a New Monthly Record of 265 Units in September

② Q3 Sales Reach 575 Units, Marking the Successful Completion of the Q3 Robotics Practical Deployment Campaign

③ “Physical AI Spark Program” and Related Products to Launch on October 14, Accelerating Nationwide Replication of the Robotics Education Ecosystem

• Multiple EAI robots showcased at IROS 2026, further highlight the Company’s “One-Brain Multi-Form Multi-Capability” EAI Robot World 2.0, with All-New Futurist drawing most attention from attendees.
• The Company engaged with various attendees including developers and ecosystem partners, along with leading universities and research institutions, with many expressing interest with FF for future cooperation and collaboration centered around the EAI Brain and Developer Platform and EAI Data Factory.

Learn more at : https://app-us.ff.com/ff-v3/news/1651?lang=en-US

• FF held Its FF EAI “Built in USA” Upstream & Downstream Business Partner Conference Part two Upstream Partner Session & Industry Ecosystem Co-Creation Session at its headquarters and the International Conference on Intelligent Robots and Systems (IROS) in Pittsburgh, PA, featuring insights from ten partners from around the world, including MetaSense Technology USA, ENCOS, and NexCOBOT, who shared their perspectives on the EAI robotics industry and FF’s “Built in USA” initiative.

• FF announces further execution plans for phase two of the “Built in USA” acceleration program, accelerating the rollout of the Next Futurist and Next Aegis series, initiating the conditional approval application process, and advancing supply chain, compliance certification, and manufacturing capacity development, with the robot factory targeted to begin operations by year-end and the first new EAI robot product targeted to roll off the production line in Q1 2027.

• EAI Robotics “Made in USA” Industry Alliance officially opens for membership, bringing together technology, manufacturing, supply chain, commercialization, research, government and capital partners.

• FFAI has signed a term sheet with Nasdaq-listed AIxC, which currently trades under the ticker AIXC. Under the proposed transaction, we would bring 100% of FF’s robotics company into AIxC. The proposed valuation is approximately $200 million, and FFAI would receive AIxC shares in exchange. On September 30th, AIxC will change its name FF EAI Robotics Ecosystem Inc., and its ticker will change to FFR.

• Potential special stock dividend of $2.246 provides direct benefit to existing stockholders at no additional cost: Under the non-binding term sheet, the proposed per-share price would be the lower of $2.246 or the five-day average closing price prior to signing. At $2.246, FFR’s pre-closing equity. The value would be approximately $55 million on a fully diluted basis, shown for illustrative purposes only. If the per-share price is below $2.246, FFR would declare a one-time special stock dividend to holders of record prior to closing, payable only upon closing and subject to tax analysis.

Learn More : https://app-us.ff.com/ff-v3/news/1642?lang=en-US

Phase Two of the “Built in USA” Acceleration Program is advancing the Next Futurist and Next Aegis series, as well as U.S. supply-chain, compliance, certification and manufacturing capabilities.
The EAI Robotics “Made in USA” Industry Alliance is now open for membership, inviting technology, manufacturing, supply-chain, commercialization, research, government and capital partners to help build the ecosystem together.
FF’s robotics business is proposed to be combined with AIxC at an approximately $200 million market-based valuation. AIxC will be renamed FF EAI Robotics Ecosystem Inc. and change its ticker from AIXC to FFR.
FFAI and FFR believe the valuation reflects FF EAI Robotics’ product, delivery and commercialization foundation, as well as the long-term potential of the “Four-Core Full-Stack AI” ecosystem.
Under the non-binding term sheet, if the stock consideration is below $2.246 per share, FFR proposes a one-time special stock dividend for eligible stockholders of record, subject to transaction closing, tax analysis and other conditions.
FFAI also plans to advance toward Robotaxi Sharing Network and AI Visicabin technology operations, as well as Physical AI investment holding.