Written by Cláudio Afonso | [email protected] | LinkedIn | X
Fisker, in a recent SEC filing disclosed on Wednesday afternoon, announced its decision to retract all financial and operational guidance for the year 2024. Additionally, the company stated that it will abstain from issuing any updated guidance as it persists in evaluating strategic alternatives.
Furthermore, the company announced that William R. McDermott resigned from the board of directors of Fisker and the Audit Committee of the Board on March 28, 2024. The startup also clarified that his resignation was not a result of any disagreement with the company.
In addition, Fisker appointed John S. Dubel as a Class II director, effective immediately, with his term set to end at the annual stockholders’ meeting in 2025.
“As previously disclosed, the Company continues to evaluate strategic alternatives. Such alternatives may include in or out of court restructurings, capital markets transactions (subject to market conditions), repurchases, redemptions, exchanges or other refinancings of the Company’s existing debt, the potential issuance of equity securities, the potential sale of assets and businesses and/or other strategic transactions and/or other measures”.
Fisker warns that these alternatives “involve significant uncertainties, potential significant delays, costs and other risks”, and that “there can be no assurance that any of these alternatives will be available on acceptable terms, or at all, in the current market environment or in the foreseeable future”.
Recently, the company unveiled price reductions for several 2023 model year Fisker Oceans in the US, notably decreasing the price of the 2023 Ocean Extreme trim by $24,000 to $37,499 from its previous MSRP of $61,499.
Written by Cláudio Afonso | [email protected] | LinkedIn | X
