US EV Fisker halts production for 6 weeks to raise up to 0.15 billion dollars
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・Emerging electric vehicle (EV) manufacturers in the US $Fisker (FSR.US)$ , opens new tab stopped production for 6 weeks on the 18th, and was the largest through sales of convertible bondsRaise 150 million dollarsIt was clarified.
Fisker stated that interest payments of 8.4 million dollars were not fulfilled on the 15th for part of the convertible corporate bonds due in 2026. It has sufficient liquidity, but it is explained that they wanted to discuss the capital structure with investors using the interest payment grace period of 30 days.
Liquidity on hand as of the 15th was 120.9 million dollars, down from 395.9 million dollars at the end of last year.
Also, Fisker once again stated that it is continuing negotiations with “major automobile manufacturers.” Nissan Motor this month $Nissan Motor (7201.JP)$ Discussions are underway for opens new tab to invest in Fisker.
Fisker warned in February that there are considerable doubts about business continuity, and announced that it will freeze investments for future projects until partnerships with other manufacturers are secured.
Production volume of the electric SUV (sports type multi-purpose vehicle) “Ocean” in January was zero. The number of units produced from February 1 to the 15th of this month in the Austrian division of the manufacturing partner Magna International was about 1000 units.
Approximately 1,300 cars have been delivered so far this year. The value of finished car inventory is over 200 million dollars.
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