Brief: Fisker Says Co Received Notice From Large Automaker Terminating Negotiations

Fisker

25/03/2024 13:49

March 25 (Reuters) - Fisker Inc  FSR.N :
    * FISKER INC: RECEIVED NOTICE FROM LARGE AUTOMAKER WITH
WHICH
COMPANY HAD BEEN IN NEGOTIATIONS FOR A POTENTIAL TRANSACTION
    * FISKER INC - AUTOMAKER TERMINATED NEGOTIATIONS
    * FISKER INC - FOLLOWING TERMINATION, THE COMPANY CONTINUES
TO
EVALUATE STRATEGIC ALTERNATIVES.
    * FISKER INC: AS A RESULT OF TERMINATION OF DISCUSSIONS WITH
AUTOMAKER, WILL NOT BE ABLE TO MEET CLOSING CONDITION TO
FINANCING COMMITMENT &TERM SHEET
    * FISKER INC: INTENDS TO ENGAGE IN DISCUSSIONS WITH INVESTOR
REGARDING A WAIVER OF CLOSING CONDITION

Source text for Eikon:  ID:n0001720990-24-000029 
Further company coverage:  FSR.N 

 ((Reuters.Briefs@thomsonreuters.com;))