Jeremi Gorman and Roderick Randall Have Expertise in Content Monetization, Digital Media, Automotive Technology and Capital Allocation Board Expands to Seven Directors Xperi Inc. (NYSE:XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops and delivers technologies that enable extraordinary experiences, today announced the appointment of Jeremi A. Gorman and Roderick K. ("Rod") Randall to the Board of Directors (the "Board"), effective June 10, 2024. Following the appointment of Ms. Gorman and Mr. Randall, the Board consists of seven directors, six of whom are independent. "We welcome Jeremi and Rod, both accomplished leaders with domain expertise

Fisker reduces US MSRP on the 2023 Ocean Extreme trim from $61,499 to $37,499.1 2023 Fisker Ocean Ultra trims reduced from $52,999 to $34,999 MSRP, and 2023 Sport trims from $38,999 to $24,999 MSRP.1 Fisker is strategically positioning Ocean to be a more affordable and compelling EV choice, competitively available to EV buyers. Fisker Inc. ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced reductions in Manufacturer's Suggested Retail Price (MSRP) on many model year 2023 Fisker Oceans in the US. Fisker is lowering the MSRP of the 2023 Ocean Extreme trim by $24,000, to $37,499 from $61,499 MSRP.1 This press rele

The Fisker Ocean wins the internationally recognized iF DESIGN AWARD for Best Electric Vehicle: SUV, following the assessment by a global jury of 132 world-class design experts iF DESIGN AWARD is a highly contested design competition, with almost 11,000 award entries received from across 72 countries The Ocean excelled in the judges' Form and Function assessments, recognizing the all-electric SUV's sustainability, engaging design, and ease of use 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: S

Funding will be organized in four tranches and is being provided by the holder of the company's 2025-dated convertible notes. Fisker is in continuing negotiations with a large automaker for a potential transaction to develop EV platforms and to manufacture in the US. Fisker has delivered approximately 1,300 vehicles in 2024. 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 organized in fou

Fisker has added to its management team, with Saydulu Kolasani joining the company as SVP, Enterprise, Digital Operations and Transformation. Kolasani will oversee technology infrastructure, cybersecurity, digital platforms, enterprise systems, architecture, data, and operations and report to Chairman and CEO Henrik Fisker. Fisker Inc. (NYSE:FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, announced today that Saydulu Kolasani has joined Fisker as SVP, Enterprise, Digital Operations and Transformation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240306524246/e

Fisker's new Dealer Partner model is gaining momentum and is expected to help improve brand awareness and sales throughout 2024. Fisker is in negotiations with a large automaker for a potential transaction which could include an investment in Fisker, joint development of one or more electric vehicle platforms, and North America manufacturing. The closing of any transaction would be subject to satisfaction of important conditions, including completion of due diligence and negotiation and execution of appropriate definitive agreements. Fisker reports preliminary Q4 2023 total revenue of $200.1 million, an increase of $128.3 million from Q3 2023. Both full year 2023 total revenue, which

Fisker has signed two new dealer partners who will open three locations. Fisker Albany will open in New York state, Fisker Jacksonville will open in Florida, and Fisker Indianapolis will open in Indiana. 12 dealer partners in the US and Europe have now signed with Fisker. Fisker has received interest from over 250 dealers in North America and the rest of the world regarding the company's new Dealer Partnership model. The Dealer Partnership model continues to attract dealers, as they gain access to an American EV-only brand with a unique business approach. Fisker Inc. (NYSE:FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehi

Fisker Inc. (NYSE:FSR) ("Fisker") – driven by a mission to create the world's most emotional and sustainable electric vehicles – today announced that it will report its fourth quarter and full year 2023 financial results after market close on Thursday, February 29, 2024. The release will be followed by a conference call at 2:00 p.m. PT (5:00 p.m. ET). Speakers on the call will be Henrik Fisker, Chairman and Chief Executive Officer; David King, Chief Technology Officer; and Dr. Geeta Gupta-Fisker, Chief Financial Officer of Fisker Inc. The conference call can be accessed via a live webcast accessible on the Events and Presentations page of Fisker's Investor Relations website: https://inves

The Company's common stock continues to trade on the NYSE under symbol "FSR" Fisker Inc. (NYSE:FSR) ("Fisker" or the "Company"), driven by a mission to create the world's most emotional and sustainable electric vehicles, announced that on February 15, 2024, it received notice from the New York Stock Exchange (the "NYSE") that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's common stock was less than $1.00 per share over a consecutive 30 trading-day period. The NYSE notice does not result in the immediate delisting of the Company's common stock from the NYSE. In accordance with applicable NYSE rules, th

Fisker has now signed four dealer partners in the US, with additional signings expected in the coming weeks. New dealers signed are Ourisman Fisker, Classic Fisker, and Long Island Fisker, in addition to the previously announced Mills Automotive Group. Collectively, these dealers will be selling vehicles in North Carolina, South Carolina, Georgia, Maryland, New York, and New Jersey at seven locations. Fisker has received interest from over 250 dealers in North America and the rest of the world regarding our new Dealer Partnership model. The Dealer Partnership model is proving attractive to dealers as they are gaining access to an American EV-only brand with a unique business ap

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Jeremi Gorman and Roderick Randall Have Expertise in Content Monetization, Digital Media, Automotive Technology and Capital Allocation Board Expands to Seven Directors Xperi Inc. (NYSE:XPER) (the "Company" or "Xperi"), an entertainment technology company that invents, develops and delivers technologies that enable extraordinary experiences, today announced the appointment of Jeremi A. Gorman and Roderick K. ("Rod") Randall to the Board of Directors (the "Board"), effective June 10, 2024. Following the appointment of Ms. Gorman and Mr. Randall, the Board consists of seven directors, six of whom are independent. "We welcome Jeremi and Rod, both accomplished leaders with domain expertise

Fisker Inc. (NYSE:FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, announced today that the company has added two executives to its leadership team. Eric Goldstein has been named Head of Investor Relations. Beverly Lively has joined as VP, Internal Audit & Controls. Goldstein will report to CFO Dr. Geeta Gupta-Fisker and Lively will report to CAO Angel Salinas. "I'm thrilled that Eric and Beverly have come to Fisker at this important time for the company," Chairman and CEO Henrik Fisker said. "Their experience will be a great addition to the Fisker team as we accelerate our growth in 2024." Goldstein has over 25 years of ex

Fisker Inc. (NYSE:FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, will hold the largest owner meetup in its history on January 20, 2024. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240111599577/en/FISKER PLANS LARGEST OWNER MEETUP IN COMPANY HISTORY ON JANUARY 20. (Photo: Fisker Inc.) Fisker is collaborating on the event with Fiskerati.com, an independent website that publishes news related to the company and the electric vehicle and new mobility industries. Meetups will take place in almost two dozen locations in the U.S. "It's incredibly exciting for me to see o

Fisker Inc. (NYSE:FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, today announced that Angel Salinas has been named Chief Accounting Officer, effective immediately. Salinas will report to CFO Dr. Geeta Gupta-Fisker. "I'm excited to join Fisker at such an exciting point in its history and looking forward to working with executive leadership and the accounting team to help manage the continued rapid growth the company expects to experience in 2024 and beyond," Salinas said. Salinas comes to Fisker after more than two decades at PricewaterhouseCoopers, most recently as an Assurance Partner, where he served as audit signing partne

Panasonic Automotive's award-winning ELS STUDIO 3D® PREMIUM AUDIO Reimagined for the Fisker Ocean Blends Best-in-Class Audio Performance with Sustainability-focused Design LOS ANGELES, Nov. 17, 2023 /PRNewswire/ -- Panasonic Automotive Systems Company of America, a tier-one automotive supplier and division of Panasonic Corporation of North America, announces with Fisker Inc. (NYSE:FSR) the launch of the Fisker Pulse audio system powered by ELS STUDIO 3D® on the all-new 2023 Fisker Ocean Extreme and Fisker Ocean One. Specially designed to promote sustainability and high performance, the ELS STUDIO 3D system features 15-high performance speakers and brings Panasonic's studio quality sound to t

AgEagle Announces Appointment of Kelly Anderson, CPA to the Board of DirectorsWICHITA, KS / ACCESSWIRE / December 7, 2022 / AgEagle Aerial Systems Inc. (NYSE:UAVS) ("AgEagle" or the "Company"), an industry-leading provider of full stack flight hardware, sensors and software for commercial and government/defense use, today announced the appointment of Kelly Anderson, CPA as a new independent member of AgEagle's Board of Directors, effective today, December 5, 2022. Anderson will also serve as Chairperson of the Audit Committee and as a member of both the Compensation Committee and Nominating and Corporate Governance Committee of the Board, effective December 5, 2022."We are very pleased to we

LOS ANGELES--(BUSINESS WIRE)--Fisker Inc. (NYSE: FSR) (Fisker) – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – held the company's first-ever Annual Stockholders Meeting virtually via live webcast from its headquarters in Manhattan Beach, CA on Tuesday, June 8, 2021. Fisker stockholders approved all proposals voted on at the meeting. As a result, the following nominees were elected to the Board of Directors as Class 1 directors for a three-year term expiring at the 2024 annual meeting of stockholders: Wendy J. Greuel, consultant to the Discovery Cube Science Center and former Los Angeles City Controller Roderick K. Rand

Fisker publishes Responsible Supplier Policy (RSP) as part of creating a central resource for all matters concerning its Environmental, Social, and Governance (ESG) commitments Fisker Inc. (NYSE:FSR) passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – today launched a new online resource in support of its commitment to the highest standards of ESG. Accessible by all through the company's web portal, the site will provide a centralized area dedicated entirely to its ESG practices, the release of its corporate and supplier ESG standards, and detailing the expectations of suppliers through the company's RSP. Adherence to the RSP will be one

Fisker's new Dealer Partner model is gaining momentum and is expected to help improve brand awareness and sales throughout 2024. Fisker is in negotiations with a large automaker for a potential transaction which could include an investment in Fisker, joint development of one or more electric vehicle platforms, and North America manufacturing. The closing of any transaction would be subject to satisfaction of important conditions, including completion of due diligence and negotiation and execution of appropriate definitive agreements. Fisker reports preliminary Q4 2023 total revenue of $200.1 million, an increase of $128.3 million from Q3 2023. Both full year 2023 total revenue, which

Fisker Inc. (NYSE:FSR) ("Fisker") – driven by a mission to create the world's most emotional and sustainable electric vehicles – today announced that it will report its fourth quarter and full year 2023 financial results after market close on Thursday, February 29, 2024. The release will be followed by a conference call at 2:00 p.m. PT (5:00 p.m. ET). Speakers on the call will be Henrik Fisker, Chairman and Chief Executive Officer; David King, Chief Technology Officer; and Dr. Geeta Gupta-Fisker, Chief Financial Officer of Fisker Inc. The conference call can be accessed via a live webcast accessible on the Events and Presentations page of Fisker's Investor Relations website: https://inves

Fisker sees continued strong demand for its Ocean and delivered more cars in October than the entire third quarter.  Fisker now delivering in ten countries, expected to add two more markets later this month as operational momentum accelerates in Q4 2023. Opened flagship US Lounge at The Grove in Los Angeles and first east-coast Lounge in New York City. Fisker customer locations now open in ten countries, with additional customer facilities opening soon, including a Fisker Lounge in Shanghai, China in January 2024. Q3 2023 was Fisker's first quarter with meaningful automotive sales revenue. Total revenue in the quarter was $71.8 million, gross margin was -17% on a GAAP basis (adjust

Fisker Inc. (NYSE:FSR) ("Fisker"), driven by a mission to create the world's most emotional and sustainable electric vehicles, today adjusted the timing for the release of its third quarter 2023 financial results. Fisker plans to issue its earnings release after the market closes on Monday, November 13, 2023, and host a conference call at 5:00 p.m. ET (2:00 p.m. PT). The timing of the appointment of a new chief accounting officer effective November 6, 2023 and the departure of the former chief accounting officer effective October 27, 2023 has delayed the completion of the financial statements and related disclosures. Fisker will file a Form 12b-25 notification and currently expects to fil

Fisker Inc. (NYSE:FSR) ("Fisker") – driven by a mission to create the world's most emotional and sustainable electric vehicles – today announced that it will report its third quarter 2023 financial results before the market opens on Wednesday, November 8, 2023. The release will be followed by a conference call at 6:00 a.m. PT (9:00 a.m. ET). Speakers on the call will be Henrik Fisker, Chairman and Chief Executive Officer; Dr. Burkhard Huhnke, Chief Technology Officer; and Dr. Geeta Gupta-Fisker, Chief Operating Officer and Chief Financial Officer of Fisker Inc. The conference call can be accessed via a live webcast accessible on the Events and Presentations page of Fisker's Investor Relat

Fisker began inaugural deliveries of Fisker Ocean Ones in Austria, Denmark, Germany, and the US with deliveries starting in Norway and Sweden shortly. Fisker Ocean One and Extreme achieved EPA range of 360 miles, which is the longest range of any new electric SUV in its class1. Opened new customer locations in London, Oslo, and Stockholm, with additional customer facilities opening in North America and Europe this year. Q2 2023 was Fisker's first quarter with automotive sales revenue. First vehicles delivered achieved a 7.5% gross margin; excluding early-stage investor vehicles, gross margin was 18.5%. EPS was ($0.25), compared to ($0.36) in the prior year. Raised $300 million

Fisker Inc. (NYSE:FSR) ("Fisker") – driven by a mission to create the world's most emotional and sustainable electric vehicles – today announced its vehicle production volume for Q2 2023. In the second quarter of this year, 1,022 of the class-leading Fisker Ocean SUVs were produced in Austria for customers as well as marketing and engineering purposes. A few suppliers had challenges ramping to the targeted 2Q levels, as they did not receive components from sub-suppliers in a timely manner. The company is focused on working with all suppliers to ramp to the required volumes. Fisker exceeded its targeted assembly rate of 80 units per day at the end of June and expects vehicles produced to exc

Company delivers first Fisker Ocean Ones in Copenhagen, Denmark and Munich, Germany, establishing delivery process to early customers. Fisker inaugurated its first two customer locations in April at the Vienna and Copenhagen Centers+, which were followed by the opening of two Fisker showrooms in Munich, one at Motorworld plus our flagship Lounge; the Los Angeles flagship Lounge is expected to open later this month. Additional locations to be opened across Europe and US throughout 2023. US EPA testing completed for the Fisker Ocean Extreme; Fisker expects to receive EPA and CARB approvals later this month and then start US deliveries in June. Q1 2023 operational results consistent

Fisker Inc. (NYSE:FSR) ("Fisker") – driven by a mission to create the world's most emotional and sustainable electric vehicles – today announced that it will report its first quarter 2023 financial results before the market opens on Tuesday, May 9, 2023. The release will be followed by a conference call at 5:00 a.m. PT (8:00 a.m. ET). Speakers on the call will be Henrik Fisker, Chairman and Chief Executive Officer; Dr. Burkhard Huhnke, Chief Technology Officer; and Dr. Geeta Gupta-Fisker, Chief Operating Officer and Chief Financial Officer of Fisker Inc. The conference call can be accessed via a live webcast accessible on the Events and Presentations page of Fisker's Investor Relations we

Q4 2022 and full-year 2022 operational results better than expectations; full-year 2022 total spending of $702 million, below the $715 million to $790 million anticipated range. Over $736 million cash balance at year end 2022, ahead of expectations, excluding approximately $28 million of VAT receivables delayed to 2023. Consumer brand awareness continues to build. Fisker Ocean reservations and orders continue to increase, totaling approximately 65,000 as of February 24, 2023. Homologation testing is progressing well; we anticipate completion in March, followed by the regulatory approval process. Consumer deliveries should commence shortly after certification is received. Since SOP,

Fisker is seeking the approval of the Delaware bankruptcy court judge to sell 3,321 Ocean electric SUVs in its inventory at a significantly reduced price of around $14,000 per vehicle. What Happened: Fisker, which filed for bankruptcy protection in June, is looking for approvals to sell 3,321 Ocean SUVs to New York-based American Lease for an aggregate of $46.25 million, not including delivery charges. It would mean that the company would be selling each Ocean SUV at just around $14,000 if given the nod. The price point of $14,000 is significantly lower than the vehicle’s current price as listed on the company website. According to Fisker, the cheaper Ocean variant called Sport start

Electric vehicle shares mostly advanced this week, riding high on the broader market strength as the Federal Reserve hinted at potential rate cuts. Here are the key events that happened in the EV space during the week: Tesla’s China FSD Potential, More Job Cuts : A surprise visit by Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk to China was received positively by the market, with the stock jumping over 15% on Monday. The optimism stemmed from reports of the company receiving approval to roll out its full self-driving technology in China. BofA’s John Murphy estimates incremental annual revenue of half a billion dollars and earnings of $350 million for Tesla if 25% of Tesla owners adopt FSD.

Beleaguered EV maker Fisker Inc. (OTC:FSRN) has reportedly initiated a new round of layoffs amid fears of impending bankruptcy. What Happened: The electric vehicle (EV) startup’s CEO, Henrik Fisker, informed employees of the decision in an internal email, reported TechCrunch. The company is "continuing to evaluate all viable options for our business, including a potential transaction, and we are committed to identifying potential buyers and pathways to infuse capital into the business," Fisker reportedly wrote in the email. "That said, we must preserve cash to help keep these options available to us," he wrote while adding that the company will further reduce staff. It is unc

Most electric vehicle stocks retreated along with the broader market in the week that ended on April 19, with company-specific developments also weighing down on stocks. It was a week to forget for Tesla, Inc. (NASDAQ:TSLA), as the stock settled at the lowest level since January 2023. Here are the key events that happened in the EV space during the week: Tesla Job Cuts, Estimate Re-Ratings And More: Tesla opted to right-size operations amid its fundamental travails. An email from CEO Elon Musk shared by media said the company let go 10% of its global workforce, amounting to about 14,000 employees. Musk justified the move by stating on X, “Every half decade or so, Tesla has to undergo a

Electric vehicle stocks had a mixed week as they reacted to a hotter-than-expected March inflation reading and the prospect of the interest-rate environment remaining inclement for potential car buyers. That said, Tesla, Inc. (NASDAQ:TSLA) ended a volatile week higher amid uncertainty about the company’s strategy toward robotaxis and sub-$30,000 EVs. Here are the key events that happened in the EV space during the week: Tesla Drops FSD Pricing And More: After making its “supervised self-driving” technology available for a free one-month trial in the U.S., Tesla has taken another step to increase its adoption. “You can now subscribe to FSD (Supervised) for $99/month in the US,” Tesl

Despite the broader market finishing at a record high, the mood in the electric vehicle space continued to be mixed. From established players such as Tesla, Inc. (NASDAQ:TSLA) to startups such as Fisker, Inc. (NYSE:FSR), companies have faced challenging conditions in the industry. Here are the key events that happened in the EV space during the week: Tesla Analysts Temper Targets, FSD Free Trialing And More: This week, more sell-side analysts reduced their first-quarter deliveries target for Tesla. Bullish analyst Daniel Ives from Wedbush reduced his target from 475,000 units to 425,000 units, citing a “perfect storm” of demand issues that hit the quarter, which in turn hurt delivery

Beleaguered electric vehicle startup Fisker Inc. reportedly lost millions of dollars in customer payments due to lax internal procedures. This forced an internal audit in December and diverted resources from the company’s sales team during a crucial restructuring period. What Happened: According to TechCrunch, citing anonymous sources, the company eventually recovered most of the payments, which included down payments and full vehicle prices. However, the internal confusion caused delays in processing these funds. “Checks were not cashed in a timely manner or just lost altogether. We were often scrambling to find checks, credit card receipts, and any wired funds months after a vehicle

- Bloomberg News

Fisker Inc (NYSE:FSR) stock was delisted from the New York Stock Exchange Tuesday, and Jim Cramer said another EV startup could suffer the same fate. Fisker’s Downward Spiral: In a regulatory filing released Monday, Fisker said the NYSE notified the company that it would immediately suspend trading of its common stock due to “abnormally low” trading price levels and commence proceedings to delist its stock. Fisker said the delisting notice will trigger requirements to offer to repurchase its convertible senior notes due 2025 and 2026. The company noted that it does not have sufficient cash or financing to repurchase the notes and warned that the delisting event could have a material a

Fisker Inc (NYSE:FSR) is facing delisting from the New York Stock Exchange due to its share price falling to “abnormally low” levels, with trading suspended shortly after.  This development follows the collapse of potential deal talks with a giant automaker, pushing Fisker to explore strategic alternatives, including restructuring and capital markets transactions.  The failed negotiations have triggered a need for Fisker to possibly repurchase its convertible notes due in 2026 and 2025, raising concerns about a default event that could significantly impact its operations and financial health.  This situation exacerbates the challenges for Fisker, which has already paused its electri