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Fisker warns investors in SEC filing it could seek bankruptcy protection within 30 days, as cash reserves continue to shrink. Fisker has been selling 2023 Ocean models at a steep discount in ...
Things aren't looking great for Fisker. The California-based EV startup warned investors that it may not have enough cash to survive the next 12 months. The firm said it's trying to raise more ...
Fisker sent staff a notice on Monday telling them they could be laid off from the company in two months, according to 3 employees and an email viewed by Business Insider.
Fisker warns it’s running out of cash and may not make it through 2024. The EV company said it would lay off 15 percent of employees in a bid to reduce costs.
Electric vehicle maker Fisker on Friday disclosed "substantial concern" about being able to "continue as a going concern" to its investors. Its stock posted a major drop amid the news.
EV startup Fisker Inc. is laying off more employees to “preserve cash,” one week after warning investors it would have to make cuts to stave off impending bankruptcy, according to an internal ...
Tesla rival Fisker’s future is in doubt as the EV carmaker warns it may run out of cash this year and slashes 15% of its workforce Ryan Hogg March 1, 2024 at 6:57 AM ...
EV manufacturer Fisker filed for bankruptcy due to cash flow and manufacturing issues. Other EV makers like Tesla, Rivian, and Lucid may also face challenges.
If investors decide to hold, Fisker will have to pay them back. The announcement comes after Fisker revealed separate plans to raise funds in July with a convertible note offering of $340 million.
An article about Fisker (NYSE: FSR) published after market hours Thursday on an influential online tech news site caused quite a stir among investors at the end of the week. As a result, the ...
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