Faraday Future Plans to Spin-Off its Crypto Flywheel Assets into an Existing Listed Company for Independent Fundraising and Operations, Building a Dual-Listed Company Structure
Faraday Future (NASDAQ: FFAI) has announced plans to spin off its crypto flywheel assets into a separate existing listed company. The spin-off aims to create two independent listed systems while maintaining strategic synergies. The company's C10 Treasury has completed two rounds of digital asset allocations totaling $10 million, with the actively managed 20% portion outperforming the C10 Index.
The spin-off strategy, approved by the Board, addresses two key concerns: independent capitalization for C10 Treasury's future financing and enhanced operational focus for both entities. FFAI plans to initially maintain control of the new company and consolidate its financial statements, subject to auditor consent and stockholder approvals. Additional details will be revealed at the company's 919 Futurist Day & Stockholders' Community Day on September 19, 2025.
Faraday Future (NASDAQ: FFAI) ha annunciato piani per scorporare i suoi asset del in una società quotata esistente separata. Lo spin-off mira a creare due sistemi quotati indipendenti mantenendo sinergie strategiche. Il C10 Treasury dell'azienda ha completato due round di allocazioni di asset digitali per un totale di 10 milioni di dollari, con la quota attivamente gestita del 20% che ha sovraperformato l'indice C10.
La strategia di spin-off, approvata dal Consiglio, affronta due obiettivi chiave: capitale indipendente per il finanziamento futuro di C10 Treasury e un maggiore focus operativo per entrambe le entità. FFAI prevede di mantenere inizialmente il controllo della nuova società e di consolidare i propri bilanci, soggetti al consenso degli auditor e all'approvazione degli azionisti. Ulteriori dettagli saranno rivelati all' 919 Futurist Day & Stockholders' Community Day del 19 settembre 2025.
Faraday Future (NASDAQ: FFAI) ha anunciado planes para escindir sus activos de “crypto flywheel” en una empresa cotizada existente separada. El spin-off tiene como objetivo crear dos sistemas cotizados independientes manteniendo sinergias estratégicas. El C10 Treasury de la empresa ha completado dos rondas de asignaciones de activos digitales por un total de 10 millones de dólares, con la porción activamente gestionada del 20% superando al índice C10.
La estrategia de spin-off, aprobada por la Junta, aborda dos preocupaciones clave: una financiación independiente para el financiamiento futuro de C10 Treasury y un mayor enfoque operativo para ambas entidades. FFAI planea mantener inicialmente el control de la nueva empresa y consolidar sus estados financieros, sujeto al consentimiento del auditor y a la aprobación de los accionistas. Se revelarán más detalles en el 919 Futurist Day & Stockholders' Community Day el 19 de septiembre de 2025.
Faraday Future (NASDAQ: FFAI) 가 crypto flywheel 자산을 별도 상장법인으로 분리하는 계획을 발표했습니다. 분할은 두 개의 독립적인 상장 시스템을 만드는 것을 목표로 하며, 전략적 시너지를 유지합니다. 회사의 C10 Treasury는 총 1000만 달러에 달하는 두 차례의 디지털 자산 배분을 완료했으며, 적극적으로 운용되는 20% 부분이 C10 지수를 능가했습니다.
이사회가 승인한 분할 전략은 두 가지 주요 관심사를 다룹니다: C10 Treasury의 향후 자금 조달을 위한 독립적인 자본 조달과 두 기관의 운영 초점 강화. FFAI는 초기에는 신규 회사의 지배권을 유지하고 재무제표를 통합할 계획이며, 감사인의 동의와 주주들의 승인을 전제로 합니다. 추가 세부 정보는 2025년 9월 19일에 열리는 919 Futurist Day & Stockholders' Community Day에서 공개될 예정입니다.
Faraday Future (NASDAQ: FFAI) a annoncé des plans visant à scinder ses actifs crypto « flywheel » en une société cotée existante distincte. Le spin-off vise à créer deux systèmes cotés indépendants tout en maintenant des synergies stratégiques. Le C10 Treasury de l'entreprise a terminé deux tours d’allocations d’actifs numériques pour un total de 10 millions de dollars, la part activement gérée représentant 20% et surpassant l’indice C10.
La stratégie de spin-off, approuvée par le Conseil, répond à deux préoccupations clés : un financement indépendant pour les besoins futurs de la C10 Treasury et un meilleur focus opérationnel pour les deux entités. FFAI prévoit de conserver initialement le contrôle de la nouvelle société et de consolider ses états financiers, sous réserve du consentement de l’auditeur et de l’approbation des actionnaires. Des détails supplémentaires seront révélés lors du 919 Futurist Day & Stockholders' Community Day le 19 septembre 2025.
Faraday Future (NASDAQ: FFAI) hat Pläne angekündigt, seine Crypto-Flywheel-Assets in ein bereits existierendes börsennotiertes Unternehmen auszugliedern. Die Spaltung soll zwei unabhängige gelistete Systeme schaffen, während strategische Synergien erhalten bleiben. Die C10 Treasury des Unternehmens hat zwei Runden digitaler Asset-Allokationen im Gesamtwert von 10 Millionen US-Dollar abgeschlossen, wobei der aktiv verwaltete Anteil von 20% den C10-Index übertroffen hat.
Die Spin-off-Strategie, vom Vorstand genehmigt, behandelt zwei Hauptanliegen: eine eigenständige Kapitalbeschaffung für die zukünftige Finanzierung von C10 Treasury und eine verbesserte operative Fokussierung für beide Einheiten. FFAI plant zunächst, die Kontrolle über das neue Unternehmen zu behalten und dessen Finanzberichte zu konsolidieren, vorbehaltlich der Zustimmung des Prüfers und der Aktionäre. Weitere Details werden am 919 Futurist Day & Stockholders' Community Day am 19. September 2025 bekannt gegeben.
Faraday Future (بورصة ناسداك: FFAI) أعلنت عن خطط لفصل أصولها من «دوامة العملات المشفّرة» إلى شركة مدرجة قائمة أخرى موجودة. تهدف الخطة إلى إنشاء نظامين مستقلين مدرجين مع الحفاظ على التآزر الاستراتيجي. خزينة C10 للشركة أتمت جولتين من تخصيص الأصول الرقمية بإجمالي 10 ملايين دولار، مع أن الجزء المدار بنشاط يمثل 20% ويتفوق على مؤشر C10.
تتعامل استراتيجية الفصل، التي وافق عليها المجلس، مع قضيتين رئيسيتين: تمويل مستقل لـ C10 Treasury لتمويله المستقبلي وتركيز تشغيلي محسّن لكلا الكيانين. تخطط FFAI في البداية للاحتفاظ بالسيطرة على الشركة الجديدة وتوحيد تقاريرها المالية، رهناً بموافقة المدقق وموافقة المساهمين. ستُكشف تفاصيل إضافية في يوم Futurist Day 919 و"يوم مجتمع المساهمين" في 19 سبتمبر 2025.
Faraday Future（纳斯达克股票代码：FFAI）宣布计划将其加密旋轮资产分拆为一家现有上市公司。此次分拆旨在在维持战略协同的同时，创建两个独立的上市体系。公司的 C10 Treasury 已完成两轮数字资产配置，总额达到 1000 万美元，其中积极管理的 20% 部分跑赢 C10 指数。
董事会批准的分拆策略解决了两大关注点：C10 Treasury 未来融资所需的独立资本，以及两家实体的运营聚焦提升。FFAI 计划在初始阶段保留对新公司的控制权并合并其财务报表，但需经审计师同意及股东批准。更多细节将于公司在 919 Futurist Day & Stockholders' Community Day（2025 年 9 月 19 日）揭晓。
- C10 Treasury's active portfolio outperformed the C10 Index benchmark
- Independent capitalization structure prevents dilution of FFAI's share capital
- Spin-off expected to enhance operational focus and efficiency for both entities
- Company maintains control and financial consolidation of the new entity
- Complex restructuring requiring multiple approvals (auditors, stockholders)
- Potential operational challenges in separating the crypto assets from main business
- Uncertainty around final structure and implementation timeline
Insights
FFAI's crypto spinoff aims to unlock value and create separate funding channels while maintaining control, but execution details remain limited.
Faraday Future's plan to spin off its crypto flywheel assets represents a strategic pivot to create dual growth engines with separate funding streams. The company intends to maintain control of the spun-off entity initially and consolidate its financials, suggesting this is more about financial engineering than a complete separation. This structure could potentially allow FFAI to tap into crypto-focused investors without diluting its core EV business shareholders.
The C10 Treasury has already allocated approximately
This dual-flywheel strategy faces significant execution challenges. FFAI must secure regulatory approvals, shareholder consent, and auditor agreement for the proposed consolidation structure. The company's limited track record in either electric vehicles or cryptocurrency management raises questions about its ability to successfully operate two complex businesses simultaneously. The announcement appears timed to generate interest ahead of the company's September 19 event, but lacks concrete details on valuation, ownership structure, or specific operational plans for the new entity.
- FFAI plans to spin off its crypto flywheel assets into an existing listed company, targeted to be initially controlled by FFAI. The Board has approved the overall strategy of a spin-off and the Company is in active discussions with an investment bank, strategic investors, and law firms regarding this project. More details are expected to be provided at the Company’s 919 Futurist Day & Stockholders’ Community Day to be held Sept. 19.
- Subject to auditor consent and necessary stockholder approvals, FF’s goal is to consolidate the new company's financial statements into FFAI’s financial statements.
- The spin-off of FFAI’s crypto flywheel business has the potential to accelerate the progress of the “Dual-Flywheel & Dual-Bridge” Eco Strategy and maximize stockholder value.
- C10 Treasury has completed two rounds of asset allocations over the last two weeks, totaling approximately
$10 million , with a slight increase in mark-to-market as of September 10, 2025, at 10 am Pacific Time. The20% active portion outperformed the C10 Index as of September 10 at 10 am Pacific Time.
LOS ANGELES, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it is actively preparing to spin off its crypto flywheel assets (the “Spin-Off”) into a separate existing listed company. The Company expects to provide additional details, as available, at the upcoming 919 event.
The Spin-Off plan aims to establish two independent listed systems—FFAI and a new company focusing on the Crypto Flywheel—that will operate independently while forming strategic synergies.
C10 & Crypto will be driven by its three engines of core businesses, including C10 Treasury, with the goal of accelerating the realization of its Web3 strategic vision and unlocking its full potential. As presented at the Company’s August 16 event, this move is expected to further advance the construction of an “independently operated, mutually empowered” Web2+Web3 dual-engine growth system to maximize stockholder value.
“Separating and listing the Crypto & C10 and crypto asset businesses marks an important turning point in the Company’s development,” said YT Jia, Founder and Global Co-CEO of FF. “We are establishing a second growth engine while ensuring that our core EAI EV Flywheel remains focused, accelerating product delivery and market expansion.”
C10 Treasury Performance Highlights – Positive Mark-to-Market;
The Company also announced the recent performance of its C10 Treasury, which completed its first two rounds of digital asset allocations over the past two weeks totaling approximately
Within the overall portfolio, the actively managed
Spin-off Intended to Address Two Concerns with Five Areas of Potential Value
The Spin-Off is designed to address two core concerns:
- Independent Capitalization: C10 Treasury’s future financing would be conducted through a new entity, without diluting FFAI’s share capital.
- Operational Focus: With the gradual separation between the two teams, each team could be more focused. The FFAI team would be more focused on advancing the EAI Flywheel strategy, particularly the delivery of FF and FX products.
The independent listing plan could bring the Company the following five dimensions of value:
- Economic and Capital Value: The independent operation of the C10 business will help unlock its value and is expected to become a value amplifier for FFAI, generating returns to support FFAI’s EAI EV flywheel strategy..
- Strategic Value: The separately listed entity can operate in a broader strategic space, helping to build an innovative bridge between Web2 and Web3 industries.
- Business Focus: As an independent listed entity, C10 will have greater freedom and focus, capturing Web3 era opportunities more quickly.
- Financial Clarity: Independent financial systems will empower the dual flywheels to progress in parallel, driving more refined management, faster and more effective decision-making, and ensuring sustainable long-term growth.
- Organizational Appeal: As a future-oriented innovation platform, an independently listed company holding C10 assets could be more attractive in gathering top global Web3 talent.
ABOUT FARADAY FUTURE
Faraday Future is a California-based global shared intelligent electric mobility ecosystem company. Founded in 2014, the Company’s mission is to disrupt the automotive industry by creating a user-centric, technology-first, and smart driving experience. Faraday Future’s flagship model, the FF 91, exemplifies its vision for luxury, innovation, and performance. The FX strategy aims to introduce mass production models equipped with state-of-the-art luxury technology similar to the FF 91, targeting a broader market with middle-to-low price range offerings. FF is committed to redefining mobility through AI innovation. Join us in shaping the future of intelligent transportation. For more information, please visit https://www.ff.com/us/
FORWARD LOOKING STATEMENTS
This press release includes “forward looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “plan to,” “can,” “will,” “should,” “future,” “potential,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding the intentions for its crypto assets and subsidiaries and their potential benefits, the Company’s investments in crypto currency, and the Dual-flywheel, Dual-bridge Eco Strategy are not guarantees of future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, which could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements.
Important factors, among others, that may affect actual results or outcomes include, among others: the Company’s ability to consummate the Spin-Off in a timely manner, if at all; the separate listed entity’s ability to raise future capital on attractive terms, if at all; the Company’s ability to control the management and operations of the separate listed entity; the Company’s ability to successfully execute on a new Crypto-based strategy; the Company’s ability to raise funds to support a new Crypto-based strategy; the inherent volatility and regulatory uncertainty associated with cryptocurrency investments; current and potential litigation involving the Company; the result of future financing efforts, the failure of any of which could result in the Company seeking protection under the Bankruptcy Code; general economic and market conditions impacting demand for the Company’s products; circumstances outside of the Company's control, such as natural disasters, climate change, health epidemics and pandemics, terrorist attacks, and civil unrest; and the Company's ability to develop and protect its technologies; the Company's ability to protect against cybersecurity risks. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s Form 10-K filed with the SEC on March 31, 2025, and other documents filed by the Company from time to time with the SEC.
CONTACTS:
Investors (English): ir@faradayfuture.com
Investors (Chinese): cn-ir@faradayfuture.com
Media: john.schilling@ff.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/06878aa9-6f5e-48d5-8431-c245d4abf0da
FAQ
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