Tag: Fisker Inc.

It's founder Henrik Fisker's second round Will things be different this time around?

Other EV stocks have also exploded - briefly - after their IPO via mergers with special purpose acquisition companies

Fisker (FSR) news for Friday includes finalization of deal with special purpose acquisition company (SPAC) Spartan Energy Acquisition

Company hopes to activate production plan with Magna with deal that earns $ 1.0 billion available for development

Shares of Fisker Inc begin trading on the New York Stock Exchange on Friday after the completion of a special purpose acquisition company merger with Spartan Energy Acquisition Corp (NYSE: SPAQ)

Fisker has gone public in SPAC reverse merger with Spartan Energy Acquisition that will earn Tesla's hopeful competitor more than $ 1 billion in cash

Electric vehicle maker Fisker Inc said Thursday it has completed a reverse merger with blank check firm Spartan Energy Acquisition Corp. (NYSE: SPAQ) What happened: The two companies will merge in a business combination to create a new entity whose class A ordinary shares will be listed in New York

Electric vehicle maker Fisker Inc said Thursday it has completed a reverse merger with blank check firm Spartan Energy Acquisition Corp (NYSE: SPAQ) What happened: The two companies will merge in a business combination to create a new entity whose Class A common shares will be listed on the New York Stock Exchange under the symbol "FSR" Thanks to the reverse merger, Fisker had access to $ 1 billion in cash inflowsSpartan is financed by a subsidiary of the giant Private Equity Apollo Global Management Inc (NYSE: APO) With the funding and strategic arrangements in place, CEO and Chairman Henrik Fisker said, “We can now fully focus on the development and launch of the revolutionary Fisker Ocean. fully electric at the heart of the mid-size SUV marketEarlier this month, Fisker and Magna International (NYSE: MGA) teamed up to make the all-electric Ocean SUV model, with production expected to begin in late 2022.Why it matters: Special purpose acquisition companies or PSPCs gain popularity in the electric vehicle segment Lordstown Motors Corp merged with DiamondPeak Holdings Corp (NASDAQ: DPHC) in August Shares of the merged entity are listed on Nasdaq under the ticker RIDE, which gained 5% during Thursday trading hours In early June, Nikola Corp (NASDAQ: NKLA) announced a merger with SPAC VectoIQ Price action: after a 261% decline during the trading session as of Thursday, SPAQ gained 179% out of hours to close at $ 9 12See also: Jim Cramer compares Fisker and his CEO to Nikola, Trevor MiltonView more Benzinga * Click here for Benzinga options trades * Wyoming Approves Avanti Financial as custodian of digital assets * UK government expects Pfizer vaccine verdict before Christmas: (C) 2020 report Benzingacom Benzinga does not provide investment advice To us all rights are reserved

Fisker takes cash, Polestar needs money and Carlos Ghosn's case continues to develop All this and more in The Morning Shift of October 30, 2020

American start-up Fisker announces the release of the production version of the all-electric Fisker Ocean SUV at the Los Angeles Auto Show, to be held in May 2021