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Electric vehicle company Fisker’s stock plunged more than 40% in after-hours trading on Wednesday as investor concern about the company’s ability to stay in business intensified.
U.S. electric-vehicle (EV) maker Fisker filed for bankruptcy Tuesday. The California-based electric car company unveiled its Ocean line of cars in 2021, which included a solar roof, a rotating ...
Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a battle over which group will be paid first.
Fisker Group Inc. said in a filing with the U.S. Bankruptcy Court in Delaware that its estimated assets are between $500 million and $1 billion. It estimated liabilities are between $100 million and $500 million, with between 200 and 999 creditors.
Fisker filed for bankruptcy in June, after failin. Electric vehicle startup Fisker received court approval of its bankruptcy liquidation plan on Friday, following last-minute negotiations to ...
On June 28, 2021, Fisker stock was added to the Russell 3000 Index. [34] On July 28, 2021, Fisker announced it would invest $10 million in private investment in public equity funding in an EV charging company. [35] Henrik Fisker announced in 2022 that Fisker Inc. would set up its first India entity, a global technology center, in Hyderabad.
Fisker Inc. will wind down operations under a bankruptcy plan approved Friday that should allow owners to drive their cars for years. But it will not pay anything to shareholders wiped out ...
On October 11, 2013, Hybrid Technology LLC agreed to buy Fisker's defaulted government loan at a heavy discount. On November 22, 2013, Fisker filed its Chapter 11 bankruptcy case. Concurrently, on November 23, 2013, Fisker agreed, subject to bankruptcy court approval, to be acquired by Hybrid, owned by Hong Kong billionaire, Richard Li.