Fisker Inc and its other U.S. subsidiaries have entered into Chapter 11, the firm said, adding that discussions about the sale of assets remain ongoing. As ...
- Electric vehicle startup Fisker , which sought Chapter 11 protection earlier this week, said its U.S. units had also filed for bankruptcy in a court in Delaware on Wednesday.
As per the court filing, Fisker Inc listed assets estimated to be worth between $500 million and $1 billion, while its liabilities were projected at between $1 billion and $10 billion. In February it had flagged doubts about its ability to remain in business and later failed to secure an investment from a large automaker, forcing it to rein in operations.1 Dividend Superstar I’D buy over TD Bank Stock
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Henrik Fisker Fisker Group Inc Chapter 11 Protection
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