June 18 (Reuters) - Fisker Inc ( FSRN ):

* FISKER GROUP INC. FILES FOR CHAPTER 11

* IN ADVANCED DISCUSSIONS WITH FINANCIAL STAKEHOLDERS

REGARDING

DEBTOR-IN-POSSESSION FINANCING AND SALE OF ITS ASSETS

* FISKER INC. ( FSRN ) AND OTHER U.S. SUBSIDIARIES, AS WELL AS

SUBSIDIARIES

OUTSIDE U.S., ARE NOT INCLUDED IN CHAPTER 11 FILING AT THIS TIME

* FISKER'S ( FSRN ) PREVIOUSLY ANNOUNCED MANUFACTURING PAUSE WILL

REMAIN IN

PLACE.

* . AND OTHER U.S. SUBSIDIARIES, AS WELL AS SUBSIDIARIES

OUTSIDE

U.S., ARE NOT INCLUDED IN CHAPTER 11 FILING AT THIS TIME

* DETERMINED THAT PROCEEDING WITH A SALE OF OUR ASSETS UNDER

CHAPTER 11 IS MOST VIABLE PATH FORWARD FOR COMPANY

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