Qualigen Therapeutics Shareholders Endorse All Proposals with Majority Vote; Company Set to Rebrand as AIxCrypto Holdings, Inc. (Nasdaq: AIXC) After November 20 Nasdaq Ceremony and Reveals Shift to AI × Web3 Strategy
Shareholder Approval: Shareholders approved all proposals, confirming Faraday Future as the majority and controlling shareholder of Qualigen Therapeutics, with an estimated 63% equity ownership including affiliates.
Corporate Renaming and Ticker Change: The company will officially rename itself AIxCrypto Holdings, Inc. and adopt the ticker symbol AIXC during a ceremony at Nasdaq on November 20, 2025.
Strategic Transformation Announcement: At the renaming ceremony, AIxCrypto will unveil a new business model, ecosystem structure, and a three-year development roadmap aimed at positioning itself as a leader in the AI × Web3 era.
Governance Restructuring: Faraday Future will designate the majority of the reconstituted Board of Directors, completing governance updates to align with the company's new strategic direction and technology focus.
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- Educational Partnership Expansion: FF has signed a strategic MOU with Lynwood and El Segundo school districts in Los Angeles to launch its first three flagship robotics summer camps, aiming to enhance students' understanding and application of AI through EAI robotics education solutions, thereby driving rapid growth in the education market.
- Market Promotion Activity: At ISTE Live 2026, North America's largest education technology conference, FF showcased its innovations as the only U.S.-based EAI robotics company, further solidifying its leading position in the education market and laying the groundwork for future sales conversions.
- Product Launch Highlights: FF introduced the Faber S industrial-grade mobile manipulator, designed for a wide range of applications including machine tending and logistics, marking a technological advancement in industrial robotics that is expected to drive business expansion in related markets.
- Education Ecosystem Development: By collaborating with educational institutions, FF provides a comprehensive EAI robotics education solution that lowers the barriers for schools to adopt advanced AI education, which is anticipated to attract more family involvement and promote the company's penetration into the family education market.
- Summer Camp Launch: Starting July 6, FF will launch its first robotics summer camps in partnership with Lynwood and El Segundo school districts in Los Angeles, aiming to promote EAI robotics technology and enhance students' understanding of AI.
- Strategic Partnership Expansion: FF signed a strategic cooperation MOU with El Segundo Unified School District, further expanding its partnership footprint among public schools, which is expected to accelerate sales conversion for FF products and drive rapid growth of the educational ecosystem.
- Education Market Outlook: At ISTE Live 2026, FF showcased its EAI robots as the only U.S.-based EAI robotics company, further validating the emerging trend of
- Shipment Milestone: From March to June, cumulative shipments of FF EAI robots reached 242 units, surpassing the original target of 220 units, indicating strong market demand and likely boosting revenue growth.
- Annual Target Increase: The company has raised its full-year shipment target from 1,500 to 2,000 units, reflecting optimistic expectations for future market demand and providing investors with enhanced growth potential.
- Private Placement Approval: The approval of the Private Placement Proposal will assist the company in meeting contractual obligations and support the ramp-up of EAI robotics capacity, which is expected to improve cash flow structure by transitioning from financing-driven to operating cash flow-driven.
- Strategic Meeting Scheduled: The company plans to hold a Special Meeting of stockholders on August 12, 2026, to seek approval for proposals aimed at supporting the execution of its Global EAI Robotics strategy, demonstrating a commitment to long-term growth and strategic positioning.
- Shipment Milestone: From March to June, cumulative shipments of FF EAI robots reached 242 units, surpassing the original target of 220 units, indicating strong market demand and reinforcing the company's position in the robotics sector.
- Annual Target Increase: The company has raised its full-year shipment target from 1,500 to 2,000 units, reflecting confidence in future market growth and contributing to enhanced overall revenue and profitability.
- Private Placement Approval: The approval of the Private Placement Proposal will assist the company in meeting contractual obligations and support the ramp-up of EAI robotics capacity, expected to improve cash flow structure and shift the company from financing-driven to operating cash flow-driven.
- Strategic Meeting Scheduled: The company plans to hold a Special Meeting of stockholders on August 12, 2026, to seek approval for the Private Placement and Name Change proposals, aimed at supporting the execution of its Global EAI Robotics strategy and enhancing shareholder value.
- EdTech Collaboration: Faraday Future's showcase at ISTE Live 2026 highlighted its EAI education ecosystem, drawing strong interest from major education distributors and procurement leaders, indicating that the integration of education and Physical AI is an irreversible trend in school procurement.
- Product Launch Highlights: FF presented its complete lineup of Six-series FF EAI robots and new mobile manipulators, marking a comprehensive product launch in the educational robotics sector, further solidifying its competitive position in the education market.
- Market Demand Response: The FF EAI education ecosystem is designed to cater to both B2C family education and B2B educational institutions, providing seamless hardware-software integration that directly addresses the growing demand for technology-enhanced instruction among school districts.
- Strategic Development Direction: By making family education the first B2C entry point for EAI robots, FF aims to unlock the home market and create more consumer use cases for EAI robots, thereby driving long-term growth in the education sector.
- Exhibition Highlights: FF's inaugural appearance at Automate garnered significant attention from partners, customers, and developers in the robotics industry, with coverage from multiple top-tier media outlets, greatly enhancing the company's brand visibility.
- Product Showcase: FF showcased the complete lineup of the Six-series Full-form FF EAI Robots, launched a new mobile manipulator, and completed the second-half launch of the All-New Futurist, indicating technological advancements and market expansion in the robotics sector.
- Sales Performance: In June, FF's sales, shipments, and deliveries of EAI robots totaled 105 units, with cumulative volume reaching 242 units from March to June, exceeding the original target of 220 units, demonstrating strong market demand and sales capability.
- Target Adjustment: FF has raised its full-year shipment target to 2,000 units, reflecting the company's optimistic outlook on future market prospects, and plans to further expand collaboration with K-12 schools and educational institutions at the upcoming ISTE Live 2026 education technology conference.







