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Fisker completes $50M financing; Huhnke named CTO

Green Car Congress

Fisker Inc. recently completed a $50-million Series C financing round funded by Moore Strategic Ventures, LLC, the private investment vehicle of Louis M. The proceeds will be used to support the next phase of engineering work on the Fisker Ocean all-electric luxury SUV, due for launch in 2022. Huhnke joins a growing Fisker Inc.

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Fisker pauses production, with glut of undelivered EVs

Green Car Reports

Fisker has paused production of its Ocean electric SUV for six weeks as it seeks to draw down inventory and secure additional financing. To the funding point, Fisker confirmed Monday that it has secured "a financing commitment from an existing investor" of up to $150 million.

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Fisker creates “Fisker Finance” with JPMorgan Chase and Santander

Teslarati

Fisker has announced that through its mobile app, customers will soon be able to finance their vehicle via a partnership with JPMorgan Chase Bank in the US or Santander Bank in Europe. In addition to finance, the app will also be updated to allow customers to make other purchases. What do you think of the article?

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Fisker (FSR) stock falls after failing to make an interest payment, pauses EV production

Electrek

EV startup Fisker (FSR) is pausing EV production for six weeks as its financial struggles worsen. Fisker looks to get its finances in order after failing to make an interest payment. The EV maker did get a commitment for up to $150 million in financing, but will it be enough?

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Fisker is back on the brink of bankruptcy, shows filing

Teslarati

It appears Fisker is back on the brink of bankruptcy, as the company has highlighted in its latest filing with the U.S. Fisker filed its annual 10-K form with the SEC on Tuesday after the struggling electric vehicle (EV) maker announced it would have to delay filing of the 2023 report , missing a key interest payment in February.

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Fisker pauses production, gains funding commitment amidst financial woes

Teslarati

Fisker will pause production of its electric vehicles (EVs) for six weeks, and the company also says it has received a financial commitment of up to $150 million amidst financial concerns. Fisker also says it has delivered around 1,300 EVs so far this year. BusinessUpdate We have received a financing commitment of up to $150 million.

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Fisker to Pause Production for Six Weeks, Secures $150M

Electric Cars Report

Struggling electric vehicle startup Fisker announced today it would pause production of its electric vehicles for six weeks to align inventory levels and progress strategic and financing initiatives. The company said that it delivered 1,300 vehicles since the start of 2024.

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