_ev-startup-fisker-at-risk-of-bankruptcy.jpg "EV Startup Fisker At Risk Of Bankruptcy from bsc stock exchange Video Screenshot Preview")
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⏲ Duration: 0:48
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✓ Published: 14-Mar-2024
👁 View: 6.5M times
✓ Published: 14-Mar-2024
Description:
Electric vehicle startup Fisker has hired restructuring advisers to assist with a potential bankruptcy filing. The company reported $237 million in sales in 2023 but faces over $1 billion in debt. Fisker warned about its ability to continue operating and is seeking additional cash from investors. The company, which went public in 2020, is at risk of being delisted from the New York Stock Exchange.
Electric vehicle startup Fisker has hired restructuring advisers to assist with a potential bankruptcy filing. The company reported $237 million in sales in 2023 but faces over $1 billion in debt. Fisker warned about its ability to continue operating and is seeking additional cash from investors. The company, which went public in 2020, is at risk of being delisted from the New York Stock Exchange.
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