AIxCrypto Completes Amendment to $12 Million Investment Agreement with Faraday Future

AIxCrypto Holdings, Inc., a Nasdaq-listed technology company, has completed an amendment to its investment agreement with Faraday Future Intelligent Electric Inc.

The amended securities purchase agreement increases the total investment amount from $10 million to $12 million and includes updates to the transaction structure, pricing mechanism, and other terms.

Under the amended structure, the investment consists of a combination of common stock and preferred equity. The original True-Up provision has been removed and replaced with a warrant to purchase up to 1,000,000 shares of FF common stock at an exercise price of $1.50 per share, expiring in April 2030.

The transaction was facilitated through a designated third-party investment entity and represents one of AIxCrypto's approaches to exploring the integration of Real World Assets (RWA) with blockchain infrastructure.