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What will be Fisker's financial status post-sale of 3,321 Ocean EVs by January 3, 2025?
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Resolution / Starting Odds
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Fisker's financial statements or public announcements
Story
Fisker Seeks Court Approval to Sell 3,321 Ocean EVs at $14,000 Each
Jul 3, 2024, 01:50 PM
Fisker has requested approval from the Delaware Bankruptcy Court to sell its remaining inventory of Ocean electric SUVs at an average price of $14,000 each. The company, which is undergoing Chapter 11 bankruptcy proceedings, has a willing buyer for the 3,321 vehicles configured for North America, totaling $46.25 million. This price is significantly lower than the previous starting price of approximately $70,000 per vehicle. The buyer is a vehicle-leasing company, and Fisker is seeking an expedited sale process.
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$40 million to $45 million • 25%
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New York leasing company • 25%
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Individual buyers • 25%
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Receives major investment • 33%
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Sale of 3,100 Ocean EVs approved • 25%
Chapter 7 liquidation • 25%
Reorganization under Chapter 11 • 25%
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Reorganized and continues operations • 33%
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Liquidated • 33%
All recalled vehicles fixed • 33%
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No significant progress made • 33%