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Fisker Announces Successful Closing of $340 million Convertible Notes Offering

July 17, 2023 7:00 AM

LOS ANGELES--(BUSINESS WIRE)-- Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced the successful closing of its previously announced offering of $340,000,000 in aggregate principal amount of 0% senior unsecured convertible notes due 2025 (the “Notes”) to an institutional investor (the “Investor”), resulting in gross proceeds of $300,000,000 to Fisker. The sale of the Notes to the Investor was completed on July 11, 2023.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by designing and developing individual mobility in alignment with nature. Passionately driven by a vision of a clean future for all, the company is on a mission to create the world’s most sustainable and emotional electric vehicle.

European Media:

[email protected]

US Media:

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Customer service:

[email protected]

Fisker Inc. Communications:

Matthew DeBord

Sr Director, Communications Strategy & Storytelling

[email protected]

Franziska Queling

Regional Head of Public Relations Europe

[email protected]

Investor Relations:

Frank Boroch, VP of Investor Relations

[email protected]

Source: Fisker Inc.

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