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The filing was submitted to the District of Delaware on June 17, 2024. In a press release, the EV maker noted that it was in advanced discussions with financial stakeholders about debtor-in-possession financing and the potential sale of its assets. Fisker Group Inc. has announced that it had filed for Chapter 11 bankruptcy protection.
The program backs automotive companies that offer both green energy initiatives, such as increased fuel efficiency, and new autoindustry jobs in the United States. VPG stopped production of the vans when its finances dipped below the minimum required as a condition of the DOE loan. Earlier post.)
The chapter 11 filing came late Monday night in Delaware, where Fisker is incorporated. today announced that it filed for Chapter 11 protection in the District of Delaware on June 17,2024. It is in advanced discussions with financial stakeholders regarding debtor-in-possession financing and the sale of its assets.
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