LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, announces that the Fisker Ocean all-electric SUV has won the iF DESIGN AWARD 2024 for “Best Electric Vehicle: SUV”, securing the highest accolade in the Automobiles category. The iF DESIGN AWARD – renowned internationally… Continue reading @Fisker: Fisker Ocean Wins iF DESIGN AWARD 2024 for Best Electric SUV000220
Tag: Magna
National Write Your Congressman Index Reveals Top Small Business, Legislative Concerns as 2024 Election Approaches
Inflation, Immigration, and Taxes Are Top Concerns for Business Owners DALLAS, March 20, 2024 /PRNewswire/ — National Write Your Congressman (NWYC), an organization that gives small businesses a voice in government, released its Q1 2024 Index measuring Congressional and business sentiment. The Index found inflation, immigration, taxes, and the U.S. economy as top concerns for… Continue reading National Write Your Congressman Index Reveals Top Small Business, Legislative Concerns as 2024 Election Approaches
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Innoviz Technologies Ltd. of Class Action Lawsuit and Upcoming Deadlines – INVZ
NEW YORK, March 19, 2024 /PRNewswire/ — Pomerantz LLP announces that a class action lawsuit has been filed against Innoviz Technologies Ltd. (“Innoviz” or the “Company”) (NASDAQ: INVZ) and certain officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 24-cv-01971 is on behalf… Continue reading SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Innoviz Technologies Ltd. of Class Action Lawsuit and Upcoming Deadlines – INVZ
U.S. startup Fisker to pause EV production after missing interest payment
(Reuters) — Fisker said on Monday it would pause production of its electric vehicles for six weeks and raise up to $150 million in funding by selling convertible notes after missing an interest payment, as the startup tries to navigate a cash crunch. The company added that none of its Ocean SUVs were produced in… Continue reading U.S. startup Fisker to pause EV production after missing interest payment
U.S. startup Fisker to pause EV production after missing interest payment
(Reuters) — Fisker said on Monday it would pause production of its electric vehicles for six weeks and raise up to $150 million in funding by selling convertible notes after missing an interest payment, as the startup tries to navigate a cash crunch. The company added that none of its Ocean SUVs were produced in… Continue reading U.S. startup Fisker to pause EV production after missing interest payment
Fisker Suspends Its EV Production
Following recent reports that Fisker has been preparing for a possible bankruptcy filing, today the embattled automaker announced that it is suspending all manufacture of its electric vehicles. “Fisker will pause production for six weeks starting the week of March 18, 2024, to align inventory levels and progress strategic and financing initiatives,” the company said… Continue reading Fisker Suspends Its EV Production
Magna annonce le placement de billets de premier rang
AURORA, Ontario, 18 mars 2024 (GLOBE NEWSWIRE) — Magna International, Inc. (TSX : MG ; NYSE : MGA) a annoncé aujourd’hui avoir conclu un accord de prise ferme concernant le placement de billets de premier rang non garantis d’un montant total de 400 millions de dollars américains, à échéance 2029 (les « Billets »). Les Billets porteront intérêt à un taux annuel de 5,050 %… Continue reading Magna annonce le placement de billets de premier rang
Magna kündigt die Emission vorrangiger Schuldverschreibungen an
AURORA, Ontario, March 18, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) gab heute den Abschluss eines Übernahmevertrags für die Emission von vorrangigen unbesicherten Schuldverschreibungen mit einem Gesamtnennbetrag von 400 Millionen US-Dollar und Fälligkeit im Jahr 2029 (die „Schuldverschreibungen“) bekannt. Die Schuldverschreibungen werden mit einem jährlichen Zinssatz von 5,050 % verzinst und haben… Continue reading Magna kündigt die Emission vorrangiger Schuldverschreibungen an
German Manager Magazine: Electric car: Fisker doesn’t pay interest and stops production003180
The cash-strapped US electric car industryStartup Fisker stops production of its Ocean model. Production at contract manufacturer Magna in Austria will be interrupted for six weeks, the company announced on Monday. Fisker previously owed $8.4 million in interest on convertible notes. The company said it deliberately decided to default in order to gain time for… Continue reading German Manager Magazine: Electric car: Fisker doesn’t pay interest and stops production003180
@Fisker: Fisker Announces Receipt of Financing Commitment of Up to $150 Million and Provides Business Update000219
LOS ANGELES–(BUSINESS WIRE)–Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today announced a financing commitment from an existing investor providing up to $150 million of gross proceeds. The financing is being provided by the holder of the company’s 2025-dated convertible notes and will be… Continue reading @Fisker: Fisker Announces Receipt of Financing Commitment of Up to $150 Million and Provides Business Update000219