Additional Fisker U.S. Entities File for Chapter 11 Protection

Rhea-AI Summary

Fisker Group has extended its Chapter 11 bankruptcy protection to Fisker Inc. and its other U.S. subsidiaries, following an ongoing discussion about asset sales. These Chapter 11 filings are in the District of Delaware. Interested parties can obtain more information through Verita Global's website or by contacting their toll-free and international numbers. The legal advisory team includes Davis Polk & Wardwell LLP and Morris, Nichols, Arsht & Tunnell LLP, with Huron Consulting Group serving as the restructuring advisor. Fisker Inc. aims to revolutionize the automotive industry with sustainable electric vehicles. For more details, visit Fiskerinc.com or follow them on social media.

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• Fisker Group and its U.S. subsidiaries have filed for Chapter 11 bankruptcy protection.
• Discussions about the sale of Fisker’s assets are ongoing, indicating financial instability.

In continued discussions regarding asset sales

LOS ANGELES--(BUSINESS WIRE)-- Following on the announcement that Fisker Group Inc. filed for Chapter 11 protection in the District of Delaware, Fisker Inc. and its other U.S. subsidiaries have entered into Chapter 11. The Company’s discussions regarding the sale of its assets remain ongoing.

For more information about Fisker’s Chapter 11 case, including claims information, please visit https://www.veritaglobal.net/fisker or contact Verita, Fisker’s noticing and claims agent, at (888) 926-3479 (for toll-free U.S. and Canada calls) or (310) 751-1825 (for tolled international calls).

Fisker is represented by Davis Polk & Wardwell LLP and Morris, Nichols, Arsht & Tunnell LLP as legal advisors and Huron Consulting Group as restructuring advisor.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by designing and developing individual mobility in alignment with nature. Passionately driven by a vision of a clean future for all, the company is on a mission to create the world’s most sustainable and emotional electric vehicles. To learn more, visit Fiskerinc.com and enjoy exclusive content across Fisker's social media channels: Facebook, Instagram, X, YouTube, and LinkedIn.

Download the revolutionary new Fisker mobile app from the App Store or Google Play.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240619194279/en/

Media:

Matthew DeBord

VP, Communications

mdebord@fiskerinc.com

Rachel Chesley / Jennifer Mercer

FiskerCommunications@fticonsulting.com

Source: Fisker Inc.

FAQ

What is the recent update on Fisker Inc.?

Fisker Inc. and its U.S. subsidiaries have filed for Chapter 11 bankruptcy protection, following the earlier filing by Fisker Group.

What does Chapter 11 mean for Fisker Inc.?

Chapter 11 allows Fisker Inc. to reorganize its business and attempt to become profitable again. The process involves ongoing discussions about asset sales.

Where can I get more information about Fisker's Chapter 11 case?

More information is available on Verita Global’s website or by calling their toll-free or international numbers.

Who are the advisors for Fisker's Chapter 11 case?

Davis Polk & Wardwell LLP and Morris, Nichols, Arsht & Tunnell LLP are the legal advisors, while Huron Consulting Group is the restructuring advisor.