The cash-strapped maker of electric vehicles secured about $3.5 million in additional financing via notes due next month.
Fisker FSRN, +11.43%, which has veered toward bankruptcy for months, said it raised $3.456 million from the investor, with ...
Struggling EV startup Fisker has laid off hundreds of employees in a bid to stay alive, as it continues to search for funding ...
The extent of the layoffs at the embattled EV startup is not currently known, but they come just after another recent wave of ...
Eric Rosenberg is a financial writer, speaker, and consultant based in Ventura, California. He holds an undergraduate finance degree and an MBA in finance. He is an expert in topics including ...
Electric vehicle manufacturers like Lucid, Lordstown Motors and Faraday Future were big winners of the stock boom two years ago. Now all three companies’ shares have fallen dramatically.
Holly Johnson is a freelance contributor to Newsweek’s personal finance team with a focus on credit cards and rewards, financial products and travel. Johnson has spent more than a decade ...
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Banks and credit unions typically offer the lowest rates and have flexible repayment periods Online lenders specialize in quick funding, often getting cash to you the next day Short-term loans ...
Unnamed institutional investor lends the embattled EV maker $3.5 million Troubled EV maker Fisker Inc. late Monday said it raised additional capital from an unnamed existing institutional investor ...