EV startup Fisker raises $150 million from existing investor

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Fisker (FSR) continues decline following successful convertible notes offering

October 3, 2023 2:27 PM EDT

Shares of California-based Fisker Inc. (NYSE: FSR) continues to decline Tuesday after the company announced a successful closing of its convertible notes offering of $170M to an undisclosed institutional investor.

The notes were initially sold at a discount of around 12%, generating $150,000,000 in... More

Fisker secures $150M from existing investor with potential for additional $550M

September 29, 2023 9:49 AM EDT

American electric vehicle startup, Fisker Inc. (NYSE: FSR) revealed Friday that the automaker has secured $150M in funding from an existing investor through the issue of convertible bonds. They also announced as additional $550 million in funding available.

Fisker expects to utilize the... More