Fisker does not get a share of the 150 million dollars that the shareholders and the outside world were otherwise offered just one week ago.
The negotiations between Fisker Inc. and what Henrik Fisker calls 'a bigger car brand' has collapsed.
This is what Yahoo Finance writes.
According to the media, the result of the collapse is that Fisker's already extremely sluggish stock has plummeted.
And a quick look at the share price confirms that. Fisker, who has already been warned that the brand risks being sold off the stock exchange in New York due to the brand's low value, is now worth just 0.62 Danish kroner. That is, as per stock.
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It was not long ago that Fisker gave the outside world the prospect that it had secured an investment of 150 million dollars from an existing investor.
But that investment was conditional on Fisker Inc. secured further financial support. Among other things, by forging ties with 'the major car brand', which Reuters believes is Japanese Nissan.
And the 150 million dollars, which in Danish kroner is 1 billion plus the loose, is now not flowing into Fisker's money tank.
Fisker Inc. would otherwise use the money to consolidate the business. A consolidation that also meant that Fisker had asked the Magna Steyr factory in Austria to stop production of the Ocean model for a full 6 weeks.
It should be mentioned that in January this year the factory did not build a single Ocean. Furthermore, until March this year, Fisker has delivered just 1,300 cars. It is the brand's hope to be able to build between 20,000 and 23,000 cars this year. However, it looks sorter and sorter.
