Fisker Confirms No Bank Guarantee With Magna and Owns Intellectual Property for the Fisker Ocean EV Platform
December 01 2022 - 4:31PM
Business Wire
Fisker Inc. (NYSE: FSR) ("Fisker") has responded to a report
published by Fuzzy Panda Research. On Dec. 1, 2022, Fisker issued a
cease-and-desist letter to the firm, which announced a short
position in Fisker stock at the same time it released a purported
assessment containing numerous false and misleading allegations
about Fisker’s business operations and its relationship with
manufacturing partner Magna.
Fisker said: “Fisker Inc. does not have a bank guarantee with
Magna, and Fisker owns the intellectual property for the Fisker
Ocean platform. The Ocean platform does not have 80 percent
carryover parts from any other platform.”
Fisker intends to take immediate and aggressive action to
address the false and misleading claims made by Fuzzy Panda
Research.
About Fisker Inc.
California-based Fisker Inc. is revolutionizing the automotive
industry by developing the most emotionally desirable and
eco-friendly electric vehicles on Earth. Passionately driven by a
vision of a clean future for all, the company is on a mission to
become the No. 1 e-mobility service provider with the world's most
sustainable vehicles. To learn more, visit www.FiskerInc.com – and
enjoy exclusive content across Fisker's social media channels:
Facebook, Instagram, Twitter, YouTube and LinkedIn.
Download the revolutionary new Fisker mobile app from the App
Store or Google Play store.
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version on businesswire.com: https://www.businesswire.com/news/home/20221201005991/en/
US Media: Fisker@GODRIVEN360.com
European Media: Press.europe@fiskerinc.com
Fisker Inc. Communications: Matthew DeBord Sr. Director,
Communications Strategy & Storytelling
mdebord@fiskerinc.com
Rebecca Lindland Director, Communications
rlindland@fiskerinc.com
Investor Relations: Frank Boroch, VP of Investor
Relations fboroch@fiskerinc.com
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