We are Sure Bet famous casinos not on gamstop reviews
News from around the world

Electric Vehicle Startup Fisker’s U.S. Divisions File For Bankruptcy

electric-vehicle-startup-fisker

Electric vehicle startup Fisker, which sought Chapter 11 protection earlier this week, announced that its U.S. units also filed for bankruptcy in a Delaware court on Wednesday.

Fisker Inc and its other U.S. subsidiaries have entered Chapter 11 proceedings, the company stated, adding that discussions about the sale of assets are ongoing.

According to the court filing, Fisker Inc listed its assets as being worth between $500 million and $1 billion, while its liabilities are projected to be between $1 billion and $10 billion.

Fisker Group Inc, the company’s operating unit, filed for Chapter 11 protection on Monday and indicated plans to sell its assets and restructure its debt.

The firm, founded by automotive designer Henrik Fisker, went public in 2020.

In February, Fisker had raised doubts about its ability to remain in business and subsequently failed to secure an investment from a large automaker, forcing it to scale back operations.

Related posts

About Government Funding Politico, Major News Media As Checks On USAID Payments Continue

Chinaza Jules

Video: German Skier Beats Avalanche By Inflating Airbag Backpack

Chinaza Jules

Irv Gotti, Murder Inc. Records Founder Dies At 54

Judith Beryl

Butler To Sign New $111 Million Deal With Warriors From Heats

Judith Beryl

Trump’s Proposal To Take Over Gaza Draws Global Criticism

Soyiga Samuel

Santiago Castro’s Goal Pushes Bologna To First Italian Cup Semi-Final Since 26 Years

Soyiga Samuel

Leave a Comment