Fisker, an electric vehicle manufacturer, has secured an additional $3.5 million in funding through a short-term loan from an existing investor. This financial move comes as the company struggles to stay operational amidst painfully tiny secured debt raises. The loan is expected to help Fisker maintain its operations, with repayment notes due next month. Additionally, the company's auditor, PwC, is reportedly leaving.
"notes due next month" Fisker Gets $3.5 Million in Funding From Short-Term Loan https://t.co/eYesEoXnjf
Fisker picks up another $3.46mm from the investor currently steering the company to keep the lights on. Also PwC is leaving as auditor. https://t.co/k4a3XHyFLx https://t.co/vBeOb8cWK8
$FSRN Fisker raised $3.5 million today. So painful to see, just file for BK already instead of these painfully tiny secured debt raises...
Struggling EV maker Fisker gets short-term loan to remain afloat https://t.co/LnxWng7O5Q
Fisker Gets $3.5 Million in Funding From Short-Term Loan https://t.co/Ufmdm4lwES
FISKER RAISES ADDL CAPITAL FROM EXISTING INVESTOR $FSRN