AIxCrypto Acknowledges Conclusion of SEC Investigation with no Enforcement Action Involving majority controlling stockholder, Faraday Future and Reaffirms Strategic Focus

AIxCrypto (NASDAQ: AIXC) acknowledged that its majority controlling stockholder, Faraday Future Intelligent Electric (FFAI), announced conclusion of a previously disclosed U.S. SEC investigation with no enforcement action recommended.

Rhea-AI Summary

AIxCrypto (NASDAQ: AIXC) acknowledged that its majority controlling stockholder, Faraday Future Intelligent Electric (FFAI), announced conclusion of a previously disclosed U.S. SEC investigation with no enforcement action recommended. AIxCrypto said this reduces prior uncertainty and supports a more stable backdrop for continued strategic execution across AI, blockchain, and real-world asset infrastructure.

The company reaffirmed focus on a three-layer ecosystem spanning infrastructure, protocol, and application layers, pursuing AI Agents, Embodied AI, on-chain coordination, and digital connectivity to real-world assets within regulatory and compliance boundaries.

Positive

• SEC investigation involving majority stockholder concluded with no enforcement action
• Management cites reduced uncertainty as supportive of stable strategic execution
• Reaffirmed focus on a three-layer ecosystem for AI, blockchain, and RWA infrastructure

Negative

• SEC outcome relates to the majority stockholder (FFAI), not a direct company enforcement clearance
• Company directs investors to FFAI filings for full details, indicating limited standalone disclosure

Argus Mar 23 session

+7.94% close to close Open Argus

Details

News Market Reaction – AIXC

On Mar 23, the first trading day after this news, AIXC closed 7.94% above the previous close.

Data tracked by StockTitan Argus for the Mar 23 session.

Key Figures

Common shares outstanding: 7,049,999 shares Series B preferred: 39,943 shares Equity incentive plan: 755,715 shares +5 more

Common shares outstanding

7,049,999 shares

Record date Nov 20, 2025 (DEF 14A)

Series B preferred

39,943 shares

Series B Convertible Preferred Stock outstanding on Nov 20, 2025

Equity incentive plan

755,715 shares

2020 equity incentive plan share pool

Former CEO salary

$482,063

2024 salary for former CEO Michael Poirier

Former CEO bonus

$14,635

2024 bonus for former CEO Michael Poirier

Other CEO compensation

$14,357

2024 other compensation for former CEO Michael Poirier

Total CEO compensation

$511,055

Total 2024 compensation for former CEO Michael Poirier

Net loss 2024

$6.34 million

Company net loss for 2024 (improved vs 2023)

Historical Context

5 past events · Latest: Mar 16

5 events

1. Mar 16

   AI agent infrastructure

   24h Move

   +21.7%

   Weekly update on disciplined exploration of infrastructure for AI Agent economy.

2. Mar 10

   EAI ecosystem progress

   24h Move

   -7.6%

   Product and infrastructure progress across Embodied AI agent ecosystem and platforms.

3. Mar 03

   RWA/EAI refocus

   24h Move

   +7.1%

   Strategic refocus on RWA and EAI infrastructure and winding down some initiatives.

4. Feb 26

   Hub growth metrics

   24h Move

   +2.6%

   Rapid ecosystem expansion, new Hub season, and Agentir benchmarking platform plans.

5. Feb 23

   Hub Season 2 launch

   24h Move

   -19.7%

   Launch of AIxC Hub Season 2 and shift toward RWA and EAI initiatives.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

u.s. securities and exchange commission (sec), sec investigation, def 14a, series b convertible preferred stock, +3 more

7 terms

u.s. securities and exchange commission (sec) regulatory

"conclusion of a previously disclosed U.S. Securities and Exchange Commission (SEC) investigation"

The U.S. Securities and Exchange Commission (SEC) is the federal agency that writes and enforces rules for buying, selling and reporting information about stocks, bonds and other investments. Think of it as a referee and scoreboard operator: it protects investors by requiring companies to disclose accurate financial information and policing fraud, so investors can compare options and trust the markets are fair.

sec investigation regulatory

"conclusion of a previously disclosed U.S. Securities and Exchange Commission (SEC) investigation"

A SEC investigation is a formal review by the U.S. Securities and Exchange Commission into a company's public filings, accounting practices, trading activity, or compliance with securities laws. Like a tax audit for investors, it matters because findings can lead to fines, legal settlements, restated financials, management changes or criminal charges, any of which can increase costs, damage reputation and cause significant stock-price swings.

def 14a regulatory

"[DEF 14A] AIxCrypto Holdings, Inc. Definitive Proxy Statement"

A Form 14A is a document that companies send to shareholders before important meetings, such as votes on company decisions. It provides detailed information about the topics to be discussed or voted on, helping shareholders make informed choices. This form is essential because it ensures transparency and allows investors to understand what they are approving or rejecting.

series b convertible preferred stock financial

"39,943 shares of Series B Convertible Preferred Stock were outstanding"

Series B convertible preferred stock is a class of shares sold during a later-stage private financing that combines features of a loan and common stock: it usually pays priority dividends or has a priority claim if the company is sold, and it can be converted into common shares under predefined rules. Investors care because these shares affect ownership stakes and payout order—like having a reserved place in line and a ticket that can turn into regular ownership—so they influence potential returns and dilution for other shareholders.

equity incentive plan financial

"a 2020 equity incentive plan covering 755,715 shares"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

going concern financial

"substantial doubt regarding the company’s ability to continue as a going concern"

Going concern is the accounting assumption that a company will keep operating and meeting its obligations for the foreseeable future. The phrase matters most when a company or its auditors disclose substantial doubt about it, a formal warning that the business may not have enough resources to continue without raising money, restructuring, or selling assets. That language in a filing or press release signals elevated financial risk.

internal control over financial reporting financial

"material weaknesses in internal control over financial reporting"

Internal control over financial reporting is a company’s system of procedures and checks designed to make sure its financial statements are accurate and complete, like a set of guardrails and verification steps that catch mistakes or fraud before numbers are published. Investors care because strong controls make reported results more trustworthy, lower the risk of surprise restatements or regulatory problems, and give greater confidence when valuing the company or comparing it to peers.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LOS ANGELES, March 22, 2026 /PRNewswire/ -- AIxCrypto Holdings Inc. (NASDAQ: AIXC) ("AIxCrypto" or the "Company") today acknowledged the public announcement made by its majority controlling stockholder, Faraday Future Intelligent Electric Inc., regarding the conclusion of a previously disclosed U.S. Securities and Exchange Commission (SEC) investigation, which FFAI announced has been resolved with no enforcement action recommended.

The Company views this development as an important step toward reducing prior uncertainty associated with the matter. Investors and other interested parties should refer to FFAI's public filings and disclosures for additional information.

Significance to AIxCrypto

From AIxCrypto's perspective, this development is meaningful because it supports a more stable backdrop for the Company's continued strategic execution and long-term ecosystem development.

AIxCrypto remains focused on advancing its business strategy at the intersection of artificial intelligence, blockchain, and real-world application scenarios. The Company continues to pursue selected development across infrastructure, protocol, and application-layer initiatives related to AI Agents, Embodied AI ("EAI"), and RWA-related digital infrastructure.

The Company continues to evaluate opportunities across these areas in a disciplined manner and within appropriate operational, regulatory, and compliance boundaries.

Continued Long-Term Strategic Direction

AIxCrypto continues to build a three-layer ecosystem architecture spanning the infrastructure, protocol, and application layers, with a focus on AI Agents, EAI devices, on-chain coordination mechanisms, and digital connectivity to real-world assets and workflows.

Management believes this long-term architecture may support broader ecosystem coordination, developer participation, and practical real-world application development over time. The Company remains committed to advancing its strategic priorities in a disciplined manner as the broader market for AI-enabled and asset-linked digital infrastructure continues to evolve.

About AIxCrypto Holdings Inc.

AIxCrypto Holdings Inc. (NASDAQ: AIXC) is a U.S.-Nasdaq listed company dedicated to building an ecosystem that integrates AI and blockchain while bridging Web2 and Web3. The Company is advancing a three-layer architecture spanning the infrastructure, protocol, and application layers, and is exploring development opportunities related to AI Agents, Embodied AI ("EAI"), Real-World Assets ("RWA"), and related digital infrastructure. FFAI's public filings indicate that it completed a strategic investment in AIxCrypto and obtained a controlling position in 2025.

FORWARD LOOKING STATEMENTS:   
This press release contains "forward-looking statements", including statements regarding AIxCrypto Holdings, Inc. ("AIxCrypto") within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All of the statements in this press release, including financial projections, whether written or oral, that refer to expected or anticipated future actions and results of AIxCrypto are forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances are forward-looking statements. These forward-looking statements reflect our current projections and expectations about future events as of the date of this presentation. AIxCrypto cannot give any assurance that such forward-looking statements and financial projections will prove to be correct.      

The information provided in this press release does not identify or include any risk or exposures of AIxCrypto that would materially and adversely affect the performance or risk of the company. By their nature, forward-looking statements and financial projections involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking information will not occur, which may cause the Company's actual performance and financial results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements and financial projections. Important factors that could cause actual results to differ materially from expectations include, but are not limited to: business, economic and capital market conditions; the heavily regulated industry in which AIxCrypto carries on business; current or future laws or regulations and new interpretations of existing laws or regulations; the inherent volatility and regulatory uncertainty associated with cryptocurrency investments; legal and regulatory requirements; market conditions and the demand and pricing for our products; our relationships with our customers and business partners; our ability to successfully define, design and release new products in a timely manner that meet our customers' needs; our ability to attract, retain and motivate qualified personnel; competition in our industry; failure of counterparties to perform their contractual obligations; systems, networks, telecommunications or service disruptions or failures or cyber-attack; ability to obtain additional financing on reasonable terms or at all; litigation costs and outcomes; our ability to successfully maintain and enforce our intellectual property rights and defend third party claims of infringement of their intellectual property rights; and our ability to manage our growth. Readers are cautioned that this list of factors should not be construed as exhaustive.    

All information contained in this press release is provided as of the date of the press release issuance and is subject to change without notice. Neither AIxCrypto, nor any other person undertakes any obligation to update or revise publicly any of the forward-looking statements and financial projections set out herein, whether as a result of new information, future events or otherwise, except as required by law. This is presented as a source of information and not an investment recommendation. This press release does not take into account nor does it provide any tax, legal or investment advice or opinion regarding the specific investment objectives or financial situation of any person. AIxCrypto reserves the right to amend or replace the information contained herein, in part or entirely, at any time, and undertakes no obligation to provide the recipient with access to the amended information or to notify the recipient thereof. 

Readers are advised not to place undue reliance on forward-looking statements, as there is no guarantee that the plans, intentions, or expectations they are based on will be realized. While management believes these statements are reasonable at the time of preparation, actual results may differ materially. These forward-looking statements reflect the Company's expectations as of the date of this presentation and are subject to change without notice. The Company is not obligated to update or revise these statements, unless required by law.    

Forward-looking statements are often identified by words such as "may," "could," "would," "might," or "will," indicating possible future actions, events, or outcomes. These statements involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ significantly from what is expected.     

Actual results may differ materially due to factors such as the ability to secure financing, complete transactions, meet exchange requirements, consumer demand, competition, and unexpected costs. These forward-looking statements are based on assumptions that may prove incorrect, and the Company does not assume any obligation to update them except as required by law. Given the uncertainties involved, readers should not place undue reliance on these statements.    

You are cautioned not to place undue reliance on these forward-looking statements, which are made only as of the date of this news release. The Company disclaims any intent or obligation to update these forward-looking statements beyond the date of this news release, except as required by law. This caution is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.    

View original content:https://www.prnewswire.com/news-releases/aixcrypto-acknowledges-conclusion-of-sec-investigation-with-no-enforcement-action-involving-majority-controlling-stockholder-faraday-future-and-reaffirms-strategic-focus-302721716.html

SOURCE AIxCrypto Holdings Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did AIxCrypto (AIXC) announce about the SEC investigation on March 23, 2026?

AIxCrypto acknowledged that its majority stockholder announced the SEC probe concluded with no enforcement action. According to AIxCrypto, this development reduces prior uncertainty and supports a more stable backdrop for strategic execution.

Does the SEC resolution clear AIxCrypto (AIXC) of any enforcement action?

The company said the SEC investigation involving its majority stockholder concluded with no enforcement action recommended. According to AIxCrypto, the announcement came from Faraday Future and investors should review FFAI filings for details.

How does AIxCrypto (AIXC) say the SEC outcome affects its strategy?

AIxCrypto said the outcome supports a more stable backdrop for continued strategic execution. According to AIxCrypto, it will continue building its three-layer ecosystem across infrastructure, protocol, and applications.

What strategic areas is AIxCrypto (AIXC) prioritizing after the SEC announcement?

AIxCrypto remains focused on AI Agents, Embodied AI, on-chain coordination, and real-world asset digital infrastructure. According to AIxCrypto, efforts span infrastructure, protocol, and application-layer initiatives.

Should AIXC investors rely on AIxCrypto or Faraday Future filings for SEC details?

AIxCrypto directs investors to Faraday Future's public filings for additional information about the SEC investigation outcome. According to AIxCrypto, FFAI made the public announcement resolving the matter with no enforcement action.

Will the SEC announcement change AIxCrypto's (AIXC) operational or compliance approach?

AIxCrypto said it will continue to evaluate opportunities within operational, regulatory, and compliance boundaries. According to AIxCrypto, the company remains disciplined in pursuing development across its stated strategic areas.