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Fisker has announced a securities purchase agreement for $3.456 million in senior secured notes due 2024 with an existing institutional investor. This offering, which closed on May 10, 2024, has the potential to increase up to $7.5 million. The notes carry an annual interest rate of the three-month Secured Overnight Financing Rate plus 12% and will mature on June 24, 2024. Fisker plans to use the proceeds to cover expenses as per the investor-approved budget. This transaction does not constitute an offer or sale of securities in any jurisdiction where it is unlawful without proper registration or qualification.
Fisker Inc. announced the addition of three new dealer partner locations in California and New Jersey. The company waived the $2,438 Destination and Handling fee on model year 2023 Fisker Ocean Extremes and Ultras in the US. The model year 2023 Sport trim level has sold out in the continental US. Fisker also reduced the Manufacturer’s Suggested Retail Price (MSRP) on many model year 2023 Fisker Oceans in the US.
Fisker announced the addition of six new locations, including three new dealer partner locations in California and three more in Missouri, Pennsylvania, and Guam. The company reduced prices on 2023 Fisker Ocean models in the US, with significant price cuts. The Fisker Ocean SUV offers impressive range, low carbon footprint, and innovative features like rooftop solar panels. Fisker continues to expand its national network and focus on sustainability in the electric vehicle market.
