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Will Fisker receive court approval to sell 3,321 Ocean EVs at $14,000 each by October 3, 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Delaware Bankruptcy Court records or official press release from Fisker
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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Similar markets
Yes • 50%
No • 50%
Less than $40 million • 25%
$40 million to $45 million • 25%
$45 million to $50 million • 25%
More than $50 million • 25%
New York leasing company • 25%
Another leasing company • 25%
Individual buyers • 25%
Not sold • 25%
Yes • 50%
No • 50%
Sale of 3,100 Ocean EVs approved • 25%
Chapter 7 liquidation • 25%
Reorganization under Chapter 11 • 25%
Other • 25%
Reorganized and continues operations • 33%
Acquired by another company • 33%
Liquidated • 33%
Fully resolved • 33%
Partially resolved • 33%
Not resolved • 33%