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EV start-up Fisker prepares for possible bankruptcy filing, WSJ reports
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EV start-up Fisker prepares for possible bankruptcy filing, WSJ reports
Mar 13, 2024 2:29 PM

(Reuters) - Electric-vehicle start-up Fisker ( FSR ) has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

The company has hired financial adviser FTI Consulting and the law firm Davis Polk to work on a potential bankruptcy filing, according to the report.

Fisker ( FSR ) declined to comment.

Earlier this month, Fisker ( FSR ) flagged going-concern risks, job cuts and a pause in investments into future projects until it secures a partnership with a manufacturer.

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