#nyse #fisker #stockmarket #yahoofinance
New York Stock Exchange began processing Fisker’s (FSR) delisting, triggering a requirement to repurchase 2026 notes that became immediately due. The EV maker has warned investors of a possible default on this requirement, which would also cause the company to default on the 2025 notes. Yahoo Finance Reporter Pras Subramanian joins the Live show to discuss Fisker’s decline and what to expect for the company. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor’s note: This article was written by Nicholas Jacobino
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There is no valuable IP, none. Fisker’s platform is a slightly modified Magna platform. Fisker’s software is useful for classes on how not to write software. Fisker’s only real assets are the 4,700 unsold Oceans that are mostly valuable for the battery packs.
This is a Chapter 7 for sure, no one is buying this failure and resuscitating it. With Fisker Automotive there were not really other automotive startups at the time that had reached production. Now if someone wants an EV company with good IP they can buy Faraday Future, Rivian, various other struggling startups.
Lucid next
Doubt it.More likely one of these: Atlis Motors, Bollinger, Canoo, Faraday Future, Pininfarina, VinFast)
Nikola Motor.
Mullen Automotive
Aptera
And Alpha Motors next…
Next bankruptcy : Nikola Motor
If Fisker had openly negotiated with Nissan, they might have gotten a good deal to keep the company afloat. It seems likely that neither Fisker nor the CFO (Chief Financial Officer) wants to relinquish control of the company through share dilution.
The financial situation suggests mismanagement by the CFO and COO (Chief Operating Officer). As the CFO, she should have a firm grasp on the company’s finances and how to manage operational costs. It appears her focus may be on personal gain rather than on financial responsibility and maintaining operational control.
While their actions raise suspicion, calling them outright frauds is a strong accusation. Lawsuits from large institutions over false financial reporting are a possibility, but that remains to be seen.
I think it’s hard to be sure what went down with Nissan….they may not have been negotiating in good faith and were simply being predatory….although what you said could equally be true…I think we just don’t know unless you have some inside knowledge of the negotiations.
FISKER is Fraudulent.
Nissan backed out of the deal 😅 nice so only start up ev to survive 😂 rivian lets go
There is this one dude predicted this. His first name is Elon.
The reason I got Weewu is because I believe decentralization is more important than anything else.
Just stumbled upon Weewu (OMNI) – this could be the next big thing in crypto!
FOMO kicking in as Weewu partners with more and more merchants. Bullish!
No more FOMO for me – I’m all in on Weewu!e!
Forget the rest, Weewu is where it’s at. Potential moonshot!
The FOMO is real with Weewu – get in before it takes off!
Bullish on Weewu – this project has all the ingredients for success!
Every new partnership announcement gets me more excited about Weewu!
penny stock now.
IP valuable????? what IP?
Dear editorial team,
I wish to reach out and share my story about Fisker, expressing my regret for the current events. It’s vital for you to hear the truth. A few years ago, I met Henrik at the LAAS, which was thrilling. I saw the Ocean for the first time—a fantastic vehicle!
Later, I came across a YouTube video by someone whose name I’d rather not mention. This individual began spreading rumors that contradicted my experience at the time. The result was a downward spiral for many. Even well-meaning but misguided reporters joined in. If you’ve read this far, I’m pleased to say that the media has excelled. The articles are embellished with grandeur, adopting a subjective stance to craft an experience for the audience. At times, you may feel the weight of mismanaged emotions or intentions—a heavy load indeed. Compassion is the most one can offer, but self-compassion is another challenge altogether.
Should you ever feel empty or obsolete, know that I support you. I empathize with your pain, at least theoretically. Your feelings are understandable and entirely rational. Thankfully, you’re not insane—it’s merely the call of the superego, which Freud would describe as “a heavy burden of positive demands.”
Ultimately, my experience with Fisker is nothing more than the alternate reality portrayed by the media. As I prepare for sleep, I ponder the true purpose behind it all. It’s not money, fame, or trolling—it’s the inability of the receiver to discern the truth. In the end, we realize that the entrepreneurial spirit is stifled by this alternate reality.
Cost avarage to 162700 shares at 0.0417 if they don’t declare chapter 11 by Monday I will add over 250000 more hopefully cost avaraging to 0.028 just under 3 cent… And I wish the bossman quickly next week declares something that will moon this thing over 50 cent or even a dollar… That would make me the happiest man. If not and everything backfires than I will loose over 16k usd that will be painful but then it is what it is.. You win some you loose some. But this car is superb and I do belive alot of people are trying to kill the best design and a great car as competition. The way nyse rushed to delist it. I have many stocks from different companies that have been trading for 8 cent or 20 cent for nearly 6 months and more and they never got de listed still trading in nasdaq. Lots of things just don’t add up. And the short sellers and some organised sharks out there saying they couldn’t sell cars… He has 4700 cars in inventory and nearly 62000 on waiting list.. So this goes to show someone is really out there trying there best to ruin the stock. I think fisker is playing very smart. Those sharks now not loaning him money so fisker can default forgot 1 thing. That is fisker will raise money from the inventory sells and pay to avoid default. By cutting the price of vehicles they are not loosing money from it. They are maybe not foing to make money from it.. Which is fine….. At least the inventory is fully paid and I believe fisker intentionally kept these vehicles hence not delivered to waiting buyers in the event that they could not get partners and loans so that they can pay not to default. It’s a smart move on my oppenion. I hope next week could be a history maker for fisker and us shareholders and run the stock price to over 1 dollar and enter nyse without diluting. Imagine this just like that ran to 2 dollars next week on a big news.. I would be a millioner.. If that happens I promise to fisker I will buy 10 fiskers and use them for taxi. If not 16k down the drain. But I am prepared to loose it. If this money is going to give fisker a chance to make it.