Fisker Group (FSRN) files Chapter 11 bankruptcy

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Fisker Group Inc. Files for Chapter 11

June 18, 2024 2:24 AM EDT

In advanced discussions with financial stakeholders regarding debtor-in-possession financing

LOS ANGELES--(BUSINESS WIRE)-- Fisker Group Inc. (Fisker), the operating subsidiary of Fisker Inc., today announced that it filed for Chapter 11 protection in the District of Delaware on June 17, 2024. It is in advanced discussions with financial stakeholders regarding debtor-in-possession financing and the sale of its assets.

Fisker has made incredible progress since our founding, bringing the Ocean SUV to market twice as fast as expected in the auto industry and making good on our promises to deliver the most sustainable... More