Upgrade to SI Premium - Free Trial

Fisker (FSR) Announces Successful Closing of $340M Convertible Notes Offering

July 17, 2023 7:00 AM

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.

Categories

Corporate News Equity Offerings

Next Articles