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Reports: Fisker bets on 4 investors to save it from bankruptcy

After years of struggling with attracting investment, Fisker Inc. is now in talks with as many as four investors at once, hoping to convince them that it can bounce back if it gets enough funding.

The report comes from Business Insider quoting company CEO Henrik Fisker, who allegedly said as much during a private meeting with employees. He added that the talks could take a while and end up with new executive appointments. The potential investors must first evaluate the viability of rescuing the long-struggling car brand, and the brand itself needs a reality check to decide what is a reasonable offer and what isn’t.

According to the publication, Fisker also admitted that he had already turned down a rescue proposal he simply found not sufficiently attractive. It’s an open question whether the automobile company is in any position to choose, though, with $8.4 million in late debt interest payments. It is currently undergoing a restructuring process and has been delisted from the New York Stock Exchange after a severe stock crash.

Editor: Andrew Raspopov

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May 2, 2024


Ilya

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May 08, 2024

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May 08, 2024

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