Fisker Inc., an electric vehicle startup, is facing significant challenges as it receives a non-compliance notice from the New York Stock Exchange (NYSE) on February 15, 2024, for its stock closing below $1 on average for 30 consecutive trading days, violating Section 802.01C of the NYSE Listed Company Manual. Additionally, the company is under a second federal probe concerning rollaway complaints about its Ocean SUV. In another blow to its reputation, tech reviewer MKBHD has labeled the Fisker Ocean EV as the 'worst' car he's ever tested, mentioning that Fisker attempted to delay his review until after a significant update.
MKBHD calls the Fisker Ocean EV the "worst" car he's ever tested. Fisker found out @MKBHD got his hands on one and didn't want him to review it until it got a big "2.0 update", but MKBHD said waiting was not in his policy. https://t.co/KTnyszGylz
LOS ANGELES--(BUSINESS WIRE)-- Fisker Inc. (NYSE: FSR) (“Fisker” or the “Company”), announced that on February 15, 2024, it received notice from the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because…
EV startup Fisker receives non-compliance notice from NYSE https://t.co/nNUxQStWfU https://t.co/dhf6Z4DS8H
Fisker, $FSR, has received a non-compliance notice from the New York Stock Exchange as its stock had closed below $1 on average for 30 consecutive trading days, per Reuters.
NEWS: Electric vehicle startup Fisker said on Friday it had received a non-compliance notice from the New York Stock Exchange as its stock had closed below $1 on average for 30 consecutive trading days. https://t.co/xs5YxpoVui
Feds open second probe into Fisker’s Ocean SUV after rollaway complaints: https://t.co/K6rdocWMSM by TechCrunch #infosec #cybersecurity #technology #news