— Weekly report is now upgraded to the dual public Company structure weekly update and will report the progress of the Company's dual flywheel businesses every week.
AIxCrypto Inc. (NASDAQ: AIXC, “AIxC” or “the Company”) today shared a weekly business update from YT Jia, Chief Advisor of AIxC and Founder and Global Co-CEO of Faraday Future (NASDAQ: FFAI).
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“As I serve as Chief Advisor to AIxC, with the Company's day-to-day operations led by its executive management team, I will continue to report the progress of the Company's Dual Flywheel businesses every week. Now, let's look at the Crypto flywheel, the progress we made on AIxC this week:
Overall, progress across our three driving-force businesses remains on track.
This week, AIxC appointed Andrew Grossman as Head of Legal. He will take full responsibility for the company's legal, compliance, and governance framework, covering key areas including SEC disclosures, fund compliance, digital asset regulation, and major strategic agreements. Andrew brings extensive experience in securities regulation, Web3 and crypto asset compliance, corporate law, and governance for high-growth and public companies. Within a robust compliance framework, he will support AIxC in maximizing long-term commercial value.
As a compliant Nasdaq-listed company and an innovative platform converging Web2 and Web3, as well as AI and Crypto, Andrew's appointment will further strengthen AIxC's ongoing compliance capabilities. It will also enable AIxC to leverage and extend the compliance foundations built at FFAI, ensuring comprehensive and sustainable regulatory alignment over the long term.
The Company recently renamed itself from Qualigen to rebrand as AIxCrypto Holdings, Inc. (Nasdaq: AIXC). AIxC will take blockchain as foundational technology and artificial intelligence as the core driving force, committed to creating a globally leading ecosystem that integrates AI, crypto and blockchain, connecting Web2 and Web3, and aiming to become the No. 1 gateway to the AI Web3 world and a brand-new ecosystem integrating Web2 and Web3.”
AboutAIxCrypto:
AIxCryptois a U.S.-Nasdaqlisted company dedicated to building a world-leadingecosystem thatintegratesAI and blockchain whilebridging Web2 and Web3. Its core productsinclude theBesTradeDeAIAgent and theAIxCecosystem products.
FORWARD LOOKING STATEMENTS:This pressreleasecontains”forward-looking statements”,including statements regardingAIxCryptoHoldings, 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 pressrelease, including financial projections, whether written or oral, that refer to expected or anticipated future actions and results ofAIxCryptoare 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 releasedoes notidentifyor include any risk or exposures ofAIxCryptothat 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 whichAIxCryptocarries 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; the availability of reaching an agreement for the purchase of FFAI common shares; 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 thispressreleaseis provided as of the date of the press release issuanceand is subject to change without notice. NeitherAIxCrypto, nor any other person undertakes any obligation to update or revise publicly any of the forward-looking statements and financial projections set outherein, whetheras a result ofnew 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 releasedoes not take intoaccountnor does it provide any tax, legal or investment advice or opinionregardingthe specific investmentobjectivesor financial situation of any person.AIxCrypto reserves the right to amend or replace the informationcontainedherein, 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 areadvised not to placeundue 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 maydiffermaterially. 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 notobligatedto 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.
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