News Digest / Ticker: FFAI

Ticker: FFAI

07:40am, Tuesday, Sep 30, 2025

Qualigen (QLGN) Jumps 18% After Faraday-led $41M PIPE Hands FFAI ~55% Control as QLGN Rebrands to CXC10

Qualigen (QLGN) surged ~18% after a $41M PIPE led by Faraday Future (FFAI) gave Faraday ~55% and new management. Qualigen will rebrand to CXC10 and pivot to crypto/Web3 products like BesTrade and a C10 stablecoin.