Technology
Diebold Nixdorf Prices Offering of Senior Secured Notes
Published
2 years agoon
By
NORTH CANTON, Ohio, Dec. 11, 2024 /PRNewswire/ — Diebold Nixdorf, Incorporated (NYSE: DBD) (the “Company”) today announced that it priced its previously announced offering (the “Notes Offering”) of $950.0 million aggregate principal amount of 7.750% Senior Secured Notes due 2030 (the “Notes”). The Notes Offering is being conducted in reliance upon one or more exemptions from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The Notes will be issued at a price of 100.000% of their principal amount. The Notes Offering is expected to close on December 18, 2024, subject to market and other conditions, including the consummation of the New Revolving Credit Facility (as defined below).
On or about the closing of the Notes Offering, the Company expects to enter into a new $310.0 million revolving credit facility maturing in December 2029 (the “New Revolving Credit Facility”). The Company intends to use the net proceeds of the Notes Offering, together with borrowings under the New Revolving Credit Facility and cash on hand, to (i) repurchase all of the term loans under the Company’s existing senior secured term loan facility that are validly submitted for repurchase pursuant to the previously announced Dutch auction, (ii) repay all of the borrowings outstanding under its existing super-priority senior secured revolving credit facility, and (iii) pay all related premiums, fees and expenses. The Company intends to use any remaining net proceeds of the Notes Offering for general corporate purposes, which may include the repayment of debt.
The Notes will be the senior secured obligations of the Company and will be guaranteed, on a senior secured basis, jointly and severally, by (i) as of the issue date of the Notes, each of the Company’s subsidiaries that is a borrower under or guarantees the obligations under the New Revolving Credit Facility and (ii) following the issue date, any of the Company’s existing or future wholly owned domestic subsidiaries (other than certain excluded subsidiaries) that is a borrower under or guarantees the obligations under the New Revolving Credit Facility or incurs or guarantees certain capital markets indebtedness (the “Guarantors”).
Additionally, it is expected that the Notes and the related guarantees will be secured by first-priority liens on substantially all of the tangible and intangible assets of the Company and the Guarantors, in each case subject to certain exclusions and permitted liens, which collateral will also secure, on a pari passu basis, the New Revolving Credit Facility.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. The Notes and related guarantees are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act, and outside the United States, to non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes and the related guarantees have not been and will not be registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities or blue sky laws and foreign securities laws.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The Company has a presence in more than 100 countries with approximately 21,000 employees worldwide.
Forward-Looking Statements
This press release contains statements that are not historical information and are “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. These forward-looking statements include, but are not limited to, statements regarding the Refinancing Transactions and the Company’s intended use of proceeds of the Notes Offering.
Statements can generally be identified as forward looking because they include words such as “believes,” “anticipates,” “expects,” “intends,” “plans,” “will,” “estimates,” “potential,” “target,” “predict,” “project,” “seek,” and variations thereof or “could,” “should” or words of similar meaning. Statements that describe the Company’s future plans, objectives or goals are also forward-looking statements, which reflect the current views of the Company with respect to future events and are subject to assumptions, risks and uncertainties that could cause actual results to differ materially. Although the Company believes that these forward-looking statements are based upon reasonable assumptions regarding, among other things, the economy, its knowledge of its business, and key performance indicators that impact the Company, these forward-looking statements involve risks, uncertainties and other factors that may cause actual results to differ materially from those expressed in or implied by the forward-looking statements.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.
Some of the risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by the forward-looking statements include, but are not limited to:
the Company’s ability to consummate the Notes Offering and the other Refinancing Transactions;the Company’s recent emergence from its and certain of its U.S. and Canadian subsidiaries’ jointly administered cases in the U.S. Bankruptcy Court for the Southern District of Texas (the “U.S. Bankruptcy Court”) and its voluntary proceedings in the District Court of Amsterdam (the “Dutch Court”), which could adversely affect our business and relationships;the significant variance of our actual financial results from the projections that were filed with the U.S. Bankruptcy Court and Dutch Court;the overall impact of the global supply chain complexities on the Company and its business, including delays in sourcing key components as well as longer transport times, especially for container ships and U.S. trucking, given the Company’s reliance on suppliers, subcontractors and availability of raw materials and other components;the Company’s ability to generate sufficient cash or have sufficient access to capital resources to service its debt, which, if unsuccessful or insufficient, could force the Company to reduce or delay investments and capital expenditures or to dispose of material assets or operations, seek additional debt or equity capital or restructure or refinance its indebtedness;the Company’s ability to comply with the covenants contained in the agreements governing its debt;the Company’s ability to successfully convert its backlog into sales, including our ability to overcome supply chain and liquidity challenges;the ultimate impact of infectious disease outbreaks and other public health emergencies, including further adverse effects to the Company’s supply chain, and maintenance of increased order backlog;the Company’s ability to successfully meet its cost-reduction goals and continue to achieve benefits from its cost-reduction initiatives and other strategic initiatives;the success of the Company’s new products, including its DN Series line and EASY family of retail checkout solutions, and electronic vehicle charging service business;the impact of a cybersecurity incident or operational failure on the Company’s business;the Company’s ability to attract, retain and motivate key employees;the Company’s reliance on suppliers, subcontractors and availability of raw materials and other components;changes in the Company’s intention to further repatriate cash and cash equivalents and short-term investments residing in international tax jurisdictions, which could negatively impact foreign and domestic taxes;the Company’s success in divesting, reorganizing or exiting non-core and/or non-accretive businesses and its ability to successfully manage acquisitions, divestitures, and alliances;the ultimate outcome of the appeals for the appraisal proceedings initiated in connection with the implementation of the Domination and Profit Loss Transfer Agreement with the former Diebold Nixdorf AG (which was dismissed in the Company’s favor at the lower court level in 2022) and the merger/squeeze-out (which was dismissed in the Company’s favor at the lower court level in 2023);the impact of market and economic conditions, including the bankruptcies, restructuring or consolidations of financial institutions, which could reduce the Company’s customer base and/or adversely affect its customers’ ability to make capital expenditures, as well as adversely impact the availability and cost of credit;the impact of competitive pressures, including pricing pressures and technological developments;risks related to our international operations, including geopolitical instability and wars;changes in political, economic or other factors such as currency exchange rates, inflation rates (including the impact of possible currency devaluations in countries experiencing high inflation rates), recessionary or expansive trends, disruption in energy supply, taxes and regulations and laws affecting the worldwide business in each of the Company’s operations;the Company’s ability to maintain effective internal controls;unanticipated litigation, claims or assessments, as well as the outcome/impact of any current/pending litigation, claims or assessments;the effect of changes in law and regulations or the manner of enforcement in the United States and internationally and the Company’s ability to comply with applicable laws and regulations; andother factors included in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including its Annual Report on Form 10-K for the year ended December 31, 2023 as filed with the SEC on March 8, 2024, and its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024.
Except to the extent required by applicable law or regulation, the Company undertakes no obligation to update these forward-looking statements to reflect future events or circumstances or to reflect the occurrence of unanticipated events.
You should consider these factors carefully in evaluating forward-looking statements and are cautioned not to place undue reliance on such statements.
View original content to download multimedia:https://www.prnewswire.com/news-releases/diebold-nixdorf-prices-offering-of-senior-secured-notes-302329498.html
SOURCE Diebold Nixdorf, Incorporated
You may like
Technology
Ace nanochem Develops Three New Semiconductor Materials for Power Devices and Advanced Packaging
Published
54 minutes agoon
November 2, 2026By
New Poly-Si slurry, silicon bare wafer surface treatment solution, and glass TGV slurry support next-generation semiconductor manufacturing as the company expands its engagement in Taiwan and Japan.
SEOUL, South Korea, Nov. 2, 2026 /PRNewswire/ — Ace nanochem Co., Ltd., a South Korean semiconductor materials company led by CEO Jonghoon Lee, has completed development of three materials solutions for semiconductor manufacturing: Poly-Si slurry for power trench MOSFETs, a surface treatment solution for silicon bare wafers after chemical mechanical polishing (CMP), and slurry for glass through-glass via (TGV) processing. The company plans to build on these developments to expand its engagement with semiconductor manufacturers in Taiwan and Japan.
The three solutions address different challenges in semiconductor manufacturing, from selective polishing in power devices to surface cleanliness and planarity in advanced packaging.
Ace nanochem’s Poly-Si Slurry for Power Trench MOSFETs is designed to provide high removal rates for polysilicon while minimizing damage to the gate oxide. The formulation aims to improve polishing performance while reducing scratches, particle generation, dishing, and erosion, helping support process control and wafer surface quality.
The Silicon Bare Wafer Surface Treatment Solution is applied after CMP to improve wafer surface wettability and help prevent contamination. By reducing particle adhesion following polishing, the solution is designed to support the stringent surface cleanliness requirements of subsequent manufacturing processes.
For advanced semiconductor packaging, Ace nanochem’s Slurry for Glass TGV is designed to polish materials with different physical properties, including copper bulk, barrier metal, and bare glass. Its ability to process these materials together is intended to support the planarity and surface uniformity required for TGV manufacturing.
Building on its experience supplying semiconductor materials to major manufacturers in South Korea, Ace nanochem is working to develop further business opportunities in Taiwan and Japan, both important markets in the global semiconductor industry. The company participates regularly in SEMICON TAIWAN and pursues technical collaboration with leading foundries to strengthen relationships with overseas customers and industry partners.
“These three products reflect our focus on developing semiconductor materials for demanding manufacturing processes, from power devices to advanced packaging,” said Jonghoon Lee, CEO of Ace nanochem. “We aim to build on our materials technology and manufacturing capabilities to deepen technical collaboration with semiconductor manufacturers in Taiwan, Japan, and other global markets.”
About Ace nanochem Co., Ltd.
Since launching its colloidal silica business in December 1999, Ace nanochem Co., Ltd. has accumulated more than 20 years of specialized expertise in colloidal silica (SiO2) nanoparticle control technology.
The company operates fully automated manufacturing lines and a dedicated raw material production facility with a stated annual capacity of 60,000 tons. Ace nanochem supplies its ACESOL® semiconductor CMP slurries and ACESOL®WP wafer polishing slurries to major semiconductor and wafer manufacturers, including SK hynix, SK siltron, SSMC, GlobalWafers, and Amkor Technology.
The company has received the South Korean government’s $10 Million Export Tower award and Best Partner Awards from SK hynix, SK siltron, and SSMC.
View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ace-nanochem-develops-three-new-semiconductor-materials-for-power-devices-and-advanced-packaging-302914782.html
SOURCE Ace nanochem Co., Ltd.
Technology
RD Technologies Upgrades Its Cross-Border Payments and Digital Finance Ecosystem
Published
54 minutes agoon
November 2, 2026By
Expanding the Network of Banking and Payment Partners, with an Initial Focus on Trade Between Africa and Asia
HONG KONG, Nov. 1, 2026 /PRNewswire/ — RD Technologies today announced an upgrade to its enterprise cross-border payments and digital finance ecosystem. Focusing on trade between Africa and Asia, the company is advancing banking partnerships, payment channel connectivity and digital asset settlement infrastructure to address businesses’ cross-border payment, foreign exchange and treasury management needs.
Rita Liu, Chief Executive Officer of RD Technologies, said: “The value of digital financial infrastructure lies in serving the real economy. Hong Kong’s trade and financial networks connecting Asia with the world provide an important foundation for this development. Guided by businesses’ practical needs, we will work with banks, payment providers and digital asset infrastructure partners to connect local financial services with cross-border settlement capabilities, exploring more efficient and transparent ways to move funds in support of trade and businesses’ international operations.”
Deepening Banking Cooperation to Explore Ghana–Asia Trade Settlement
RD Technologies and Stanbic Bank Ghana will work together to explore a bank-led cross-border trade settlement solution supported by stablecoin technology. The initial focus will be legitimate business-to-business payments from Ghanaian businesses to suppliers in Asia. Technical validation and any controlled pilot will proceed subject to the requisite regulatory no-objection.
Darwin Mireku, Head, Strategy Enablement, Stanbic Bank Ghana, said: “Reliable and efficient payments are essential for Ghanaian businesses engaged in international trade. Through this collaboration, we aim to assess how new technology can help customers settle legitimate trade payments with suppliers in Asia more smoothly. Customer needs, compliance and risk management will guide the design and testing of the proposed solution as we engage with the relevant regulators and work towards a controlled pilot.”
Expanding Payment Channels to Support Cross-Border Business Payments
RD Technologies is working with Transika, a Ghana-based digital asset infrastructure provider, to explore a cross-border settlement model for business trade payments between Ghana and Asia. The proposed model combines Transika’s local payment capabilities with RD Technologies’ cross-border settlement infrastructure to explore ways to improve the efficiency of trade payment flows. The cooperation also includes jointly assessing the suitability of stablecoins for the proposed model. Any pilot or live transactions remain subject to the required regulatory approvals, applicable conditions and operating arrangements agreed between the parties.
Samuel Orji Nwokocha, Chief Executive Officer of Transika, said: “Businesses trading between Ghana and Asia need reliable payment connections that bridge local and international markets. By combining Transika’s local payment capabilities with RD Technologies’ cross-border settlement infrastructure, we look forward to exploring more efficient ways to support these trade flows. Our cooperation will also assess how stablecoins could fit into this model, guided by businesses’ practical needs and the applicable regulatory requirements.”
Supporting Digital Dollar Instruments and Exploring Institutional Finance Applications
As part of its digital dollar initiatives, RD Technologies will support brand development and the expansion of the application ecosystem for RDUSD, a US dollar stablecoin, adding a digital dollar settlement option to the RD Technologies ecosystem. Under the cooperation and product plans, RDUSD will be issued by Anchorage Digital Bank.N.A., America’s first federally regulated digital asset bank. RDUSD is designed to comply with the regulatory framework under the US GENIUS Act, pegged 1:1 to the US dollar and subject to third-party audits.
Nathan McCauley, CEO and Co-Founder, Anchorage Digital, said: “Stablecoins are the new settlement layer for global business, and the companies building on them want an issuer that is held to a bank’s standard. RD Technologies chose a federally chartered bank to issue RDUSD because dollars held at a US regulated institution are what cross-border payments and treasury teams trust. This is what Stablecoin Issuance is for: RD focuses on its customers and markets, and we take care of issuance, reserves and custody.”
As an integral part of RD Technologies’ cooperation with HashKey On-Chain in institutional finance, RDUSD will be deployed on HSK Chain. Building on this foundation, the two companies will work closely to explore the long-term value of stablecoins in cross-border payments, global treasury management and real-world asset tokenization, advancing their broader use across the real economy and institutional finance, deepening the integration of traditional finance with the on-chain economy, and jointly building the next generation of financial infrastructure.
Rachel Qiu, Head of Business Development at HashKey Group and COO of HashKey On-Chain Business Group, said: “The upcoming deployment of RDUSD on HSK Chain marks the first step in our collaboration. Moving forward, leveraging HashKey On-Chain’s extensive experience in on-chain business, we will partner with RD Technologies to drive the gradual integration of compliant stablecoins into real-world commercial and financial activities, providing institutional users with more comprehensive digital asset services. In areas such as cross-border trade and corporate payments, HashKey On-Chain is well-equipped to provide the requisite technology and application platforms to support efficient, compliant on-chain clearing and settlement, ultimately fostering the growth of the on-chain ecosystem.”
Rooted in Hong Kong, an international trade hub connecting Asia with the rest of the world, RD Technologies will continue building infrastructure that connects traditional finance and digital assets across markets, currencies and client needs. Through banking partnerships, payment channel expansion and the exploration of digital financial tools, the Group will support businesses’ cross-border payments, trade settlement and treasury management.
About RD Technologies
RD Technologies is a Hong Kong-based global financial technology group that provides innovative digital financial services to enterprises through its regulated subsidiaries. The group is dedicated to building the next generation of financial infrastructure bridging traditional finance (Web2) and Web3. As an early participant admitted into the Hong Kong Monetary Authority (HKMA) Stablecoins Issuer Sandbox, RD Technologies maintains a steadfast commitment to balancing rigorous compliance with pioneering innovation. To date, the group has secured over $90 million USD in cumulative funding. Its prestigious investor base features prominent global institutions and strategic industry heavyweights, including HashKey Group, HongShan (HSG), ZA Global, Solana Foundation, Guotai Junan International, China Harbour, Bright Venture Capital, Hivemind Capital, Eternal Digital Capital, Junsan Capital, and Aptos Labs.
Important Notice
This material is provided for general information only and does not constitute an offer, solicitation, recommendation or investment advice in respect of any securities, tokenized assets, stablecoins or financial products, nor a public offering or solicitation in any jurisdiction.
RDUSD is a US dollar stablecoin issued by Anchorage Digital Bank N.A. It is not a stablecoin licensed by the Hong Kong Monetary Authority and has not been approved or recognized by any Hong Kong regulatory authority. RDUSD is available only to Professional Investors as defined in the Securities and Futures Ordinance (Cap. 571) and its subsidiary legislation, and is not offered to, and must not be marketed or sold to, retail investors in Hong Kong. This material is intended solely for professional investors and does not constitute an offer or solicitation to the general public.
Regulated services are provided only by entities within the RD Technologies group holding the relevant licenses or registrations, within their permitted scope and respective jurisdictions. Cross-border payment, collection and settlement services are provided by OristaPay entities licensed or registered in their respective jurisdictions, or by licensed partners. Availability varies by market and is subject to applicable laws and regulatory requirements.
The issuance, reserve management, redemption and related compliance matters of RDUSD are the responsibility of the issuer, Anchorage Digital Bank N.A. The collaboration arrangements, platforms and application scenarios described herein (including cross-border trade, corporate payments, asset tokenization and on-chain settlement) are for illustration only or reflect potential application directions; they do not constitute any commercial commitment, service assurance or future business arrangement. Whether the relevant projects can be implemented depends on technical conditions, market demand, collaboration arrangements and regulatory approvals.
Stablecoins and digital assets involve risks, and their prices and values may fluctuate significantly. Before making any decision, investors should review the relevant product documents and risk disclosures and seek independent professional advice. This material has not been reviewed or approved by any regulatory authority.
In the event of any inconsistency between the Chinese and English versions, the Chinese version shall prevail.
View original content:https://www.prnewswire.com/news-releases/rd-technologies-upgrades-its-cross-border-payments-and-digital-finance-ecosystem-302925736.html
SOURCE RD Technologies
Technology
FF EAI Robotics Ecosystem (FFR) CEO YT Jia Shares Weekly Investor Update: Recaps FFR’s Listing Closing and First Investor Day in New York; FFR Sold and Shipped 351 Robot Devices in October, Setting Another Monthly Record
Published
54 minutes agoon
November 2, 2026By
FF EAI Robotics Ecosystem Inc. (“FFR”) (NASDAQ: FFR), has officially listed on the U.S. stock market as the first pure-play Four-Core Full-Stack AI humanoid and bionic robotics company.FFR sold and shipped 351 devices in October, setting another monthly record. Since the Company began sales and deliveries at the end of February, cumulative sales and shipments have reached 1,168 units, topping 1,000 for the first time, and continuing to deliver at a positive gross margin.FFR and FFAI’s New York regional operations are now up and running and are now officially recruiting business partners. The first phase covers New York, New Jersey, Massachusetts, southwestern Connecticut, and eastern Pennsylvania.
LOS ANGELES, Nov. 1, 2026 /PRNewswire/ — FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) (“FFR” or the “Company”), a California-based Embodied AI (EAI) robotics ecosystem company, today shared a weekly business update from YT Jia, Founder and Global CEO of FFR and FF.
YT: Welcome to Weekly Report 79. Jerry and I are recording this week’s report right outside the FFR/FFAI New York and Northeast Regional Office. This is also my first report since becoming CEO of FFR. FFR has officially listed on the U.S. stock market as the first pure-play Four-Core Full-Stack AI humanoid and bionic robotics company.
For me and for the whole team, this is a fresh start. It also brings greater responsibility, mission, and opportunity. The CEO Weekly Report has been a key driver of change at the company for more than a year, and we will keep publishing it every single week. We want to make it a catalyst for the growth of the Physical AI industry and a platform for industry exchange.
Our first piece of good news this week is our October sales results. FFR sold and shipped 351 devices in October, setting another monthly record. Since we began sales and deliveries at the end of February, cumulative sales and shipments have reached 1,168 units, topping 1,000 for the first time, and we continue to deliver at a positive unit gross margin. As the first U.S. company to deliver both humanoid and bionic robots, FFR is turning its first-mover advantage into a competitive lead, and the strengths of our Four-Core Full-Stack AI products and technology are continuing to translate into sales.
Selling more than 350 units in October, and passing 1,000 cumulatively, matters for four reasons.
1. It strengthens the foundation for our full-year guidance. October’s growth was in line with expectations. We currently expect average monthly sales and shipments of more than 400 units in both November and December, which gives us greater confidence in reaching our full-year guidance of approximately 2,000 devices sold and shipped by the acquired robotics business, measured on a standalone basis.
2. Commercialization of our four industry ecosystems is accelerating, with Education leading the way. The Education ecosystem is expanding quickly from Los Angeles into the Bay Area and Silicon Valley. Regional replication is already showing results and lays the groundwork for scaling across the U.S. The Security and Inspection ecosystem has entered the proof-of-concept stage. In Commercial and Services, we are working with customers to refine practical use cases and validate them in real scenarios. In Industrial and Logistics, development continues, building the product and technology capabilities for future volume.
3. It shows that the inflection point for the Physical AI industry is arriving faster.
4. The evolution flywheel of the Four-Core Full-Stack AI ecosystem is beginning to take shape.
The second major development is that the FFR and FFAI’s New York regional operations are now up and running, and we’ve officially begun recruiting business partners. The first phase covers New York, New Jersey, Massachusetts, southwestern Connecticut, and eastern Pennsylvania, with three priorities:
1. Around the four industry ecosystems, we are launching regional customer development, channel building, and ecosystem partnerships, step by step building a closed-loop regional business that spans product sales, solution deployment, and operating services. We will also speed up RoboShare’s rollout on the East Coast, to help it grow faster into the robot-sharing platform with the largest fleet and widest variety of robots in North America.
2. We will strengthen investor relations and communicate more directly with the capital markets, continuing to share FFR’s strategy, business progress, and path to value creation, and listening to our stockholders.
3. We will draw on New York’s and the East Coast’s rich government-affairs and public-institution resources to deepen engagement with relevant organizations and create the conditions for FFR to expand and scale faster.
Last week, FFR’s listing closing and first Investor Day were held successfully in New York. Not only did FFR capture Wall Street’s attention, but our robots also turned heads all over New York. On the streets of Manhattan, in the parks, and at the event itself, they drew crowds almost immediately. Well-known U.S. media outlets such as CBS News and the New York Post covered it on location. It reinforced our belief that Physical AI is gradually entering everyday life, and that FFR is leading this transformation.
At FFAI, we will pursue our upgraded strategy of “Robotaxi Sharing Network + AI VisiCabin Operator + Physical AI Investment Holding Company.” Drawing on New York’s capital markets and industry resources, we will pursue investment, business incubation, and holding opportunities across the Physical AI value chain. This will also work in tandem with the Robotaxi business we are preparing in the Los Angeles area, creating coordination between the East and West Coasts.
The New York region will also begin hiring. We welcome people from across the Physical AI industry to join us in driving innovation and growing the ecosystem.
New York has given us more than FFR’s successful listing. It has opened a new chapter. Our goal is to become No. 1 in K–12 robotics education in the U.S. Our next goals are to become No. 1 in robotics education nationwide, achieve a top three companies in the Physical AI robotics industry overall, and become one of the most valuable companies of the Physical AI era.
Jerry: I’m really happy that we’ve completed our listing here in New York, and that our business is now up and running in the New York region too. What I’m really, really looking forward to is seeing FFR’s stock perform well, but even more than that, seeing the business move forward fast. That will reinforce the strong position we’re in today as the first U.S. company to deliver both humanoid and bionic robots, and the outlook ahead of us. Let’s keep our heads down, run the business well, and keep creating value for our stockholders. Thank you!
YT: Thank you, everyone. See you next week!
About FF EAI Robotics Ecosystem Inc.
FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) is a U.S.-based Embodied AI robotics company focused on the research and development, manufacturing, commercialization and deployment of intelligent robotic technologies, products and industry solutions. FFR is building a “Four-Core Full-Stack” AI ecosystem covering the full lifecycle of robotics, consisting of EAI Brain & Developer Platform, EAI Devices, Industry Productivity Solutions, and EAI Data Factory. Guided by the technology and product philosophy of “One Brain, Multi-forms, Multi-capabilities,” FFR aims to empower humanoid, biomimetic, and other robotic form factors through a unified EAI Brain, while continuously expanding their multi-task and multi-scenario capabilities. The ecosystem is designed to support the full robotics lifecycle, including R&D, deployment, data collection and training, operations, and commercial applications. FFR also operates RoboShare, a robot-sharing and services platform.
To learn more, visit www.ff.com.
ABOUT FARADAY FUTURE
Founded in 2014, Faraday Future (FF) is a U.S.-based Physical AI ecosystem company dedicated to merging the future of robotics and mobility solutions through AI innovation and technologies. Following the completion of the transfer of its robotics business to FF EAI Robotics Ecosystem Inc. (FFR), Faraday Future is upgrading into a Robotaxi and EAI Cabin (Intelligent cabin) shared mobility operations company and a Physical AI investment holding company. Evolving its automotive business from an EV manufacturer to a Robotaxi Sharing Network and AI Visicabin technology operator. FF aims to advance its “Four Future Trends” concept, once again helping to drive automotive-industry transformation. For more information, please visit Faraday Future’s official website: https://www.ff.com/
FFR Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended, and other applicable securities laws. Statements other than historical facts, including statements regarding the standalone full-year 2026 guidance for the acquired robotics business, expected sales and shipments, projected revenue and unit sales under the five-year business plan, expected gross margins, planned partnerships and access to government procurement opportunities, FFR’s business strategy, commercialization plans, robotics operations, anticipated benefits of the acquisition, future growth opportunities and development and deployment of robotics technologies, are forward-looking statements. You can often identify forward-looking statements by words such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely,” or “continue,” or the negative of these terms or other similar expressions; the absence of these words does not mean a statement is not forward-looking.
These statements are based on current expectations, estimates and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include the risk that the standalone guidance and longer-term projections are not achieved; FFR’s ability to successfully integrate and operate the acquired business, commercialize its robotics technologies, achieve its business objectives, obtain additional financing, maintain compliance with Nasdaq listing requirements, compete effectively, manage its liquidity position and execute its strategic transition.
Additional risks and uncertainties are described in FFR’s filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and subsequent filings available at www.sec.gov.
Forward-looking statements speak only as of the date of this release. Forward-looking statements are based on management’s current expectations and assumptions, are not guarantees of future performance and speak only as of the date of this release. Except as required by applicable law, FFR undertakes no obligation to update or revise any forward-looking statements.
FFAI FORWARD LOOKING STATEMENTS
Forward-looking statements regarding Faraday Future Intelligent Electric Inc. are subject to risks and uncertainties, including its ability to continue as a going concern, improve its liquidity and financial position, obtain financing, execute its business strategy, commercialize products and maintain compliance with Nasdaq listing requirements.
This press release contains forward-looking statements regarding Faraday Future within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated benefits of the transaction to Faraday Future and the value of its interest in FFR. These statements are subject to risks and uncertainties, including those described under ‘Risk Factors’ in Faraday Future’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
All statements, whether written or oral, other than statements of historical fact, including any financial projections and any statements regarding future events, Faraday Future’s strategy, the disposition of the robotics business, the projections referenced in this communication and the anticipated benefits and timing of the foregoing, Faraday Future’s objectives, expectations, or anticipated actions or results, are forward-looking statements. You can often identify forward-looking statements by words such as “may,” “might,” “will,” “shall,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” “goal,” “objective,” “seeks,” “likely,” or “continue,” or the negative of these terms or other similar expressions; the absence of these words does not mean a statement is not forward-looking.
These statements are based on current expectations, estimates and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include the Faraday Future’s ability to achieve its business objectives, obtain additional financing, maintain compliance with Nasdaq listing requirements, compete effectively, manage its liquidity position and execute its strategic transition.
Additional risks and uncertainties are described in Faraday Future’s filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and subsequent filings available at www.sec.gov. Forward-looking statements are based on assumptions with respect to management’s future and current expectations are not guarantees and speak only as of the date of this release. Except as required by applicable laws, Faraday Future undertakes no obligation to update these statements except as required by law.
View original content to download multimedia:https://www.prnewswire.com/news-releases/ff-eai-robotics-ecosystem-ffr-ceo-yt-jia-shares-weekly-investor-update-recaps-ffrs-listing-closing-and-first-investor-day-in-new-york-ffr-sold-and-shipped-351-robot-devices-in-october-setting-another-monthly-record-302925824.html
SOURCE FF EAI Robotics Ecosystem Inc.
Ace nanochem Develops Three New Semiconductor Materials for Power Devices and Advanced Packaging
RD Technologies Upgrades Its Cross-Border Payments and Digital Finance Ecosystem
FF EAI Robotics Ecosystem (FFR) CEO YT Jia Shares Weekly Investor Update: Recaps FFR’s Listing Closing and First Investor Day in New York; FFR Sold and Shipped 351 Robot Devices in October, Setting Another Monthly Record
Send Rakhi to UK swiftly with UK Gifts Portal
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
Nullmax and Renesas Forge Strategic Partnership to Deliver Competitive ADAS Solutions for the Global Market
Why You Should Build on #NEAR – Co-founder Illia Polosukhin at CV Labs
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
Trending
-
Technology5 days agoBlackbaud Announces 2026 Third Quarter Financial Results
-
Technology3 days agoMoonello Shifts Focus to AI and Software Engineering, Introduces Four Fixed-Fee Services
-
Coin Market3 days agoBinance hack may involve private key ‘misuse,’ not theft: Blockaid CEO
-
Coin Market4 days agoCanton Foundation grants RedStone 15.8M Canton Coin for pricing standard
-
Technology3 days agoAppian Defense Cloud Achieves IL5 Authorization Across Department of War Operations
-
Technology3 days agoUnited Premier Soccer League Names Corgi Insurance Its Official Insurance Partner
-
Technology3 days agoFrom Catapult to capital: NextFin Asia reaches first investment milestone with Indonesia’s Finfra
-
Technology5 days agoCeva Unveils Next-Generation NeuPro NPU Portfolio and Announces Expansion into AI Infrastructure
