SEC Form SC 13G/A filed by Fisker Inc. (Amendment)

$FSR
Auto Manufacturing
Consumer Discretionary
Get the next $FSR alert in real time by email
SC 13G/A 1 us33813j1060_012624.txt us33813j1060_012624.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 2) Fisker Inc. -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 33813J106 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 33813J106 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 16023342 (6) Shared voting power 0 (7) Sole dispositive power 16286800 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 16286800 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.5% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- Fisker Inc. Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 1888 ROSECRANS AVENUE MANHATTAN BEACH CA 90266 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal business office or, if none, residence: ----------------------------------------------------------------------- BlackRock, Inc. 50 Hudson Yards New York, NY 10001 2(c) Citizenship: -------------------------------------------------------------------- See Item 4 of Cover Page 2(d) Title of class of securities: ------------------------------------------------------------------- Common Stock 2(e) CUSIP No.: See Cover Page Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a: [ ] Broker or dealer registered under Section 15 of the Act; [ ] Bank as defined in Section 3(a)(6) of the Act; [ ] Insurance company as defined in Section 3(a)(19) of the Act; [ ] Investment company registered under Section 8 of the Investment Company Act of 1940; [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); [X] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940; [ ] A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J); [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution: Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. Amount beneficially owned: 16286800 Percent of class 7.5% Number of shares as to which such person has: Sole power to vote or to direct the vote 16023342 Shared power to vote or to direct the vote 0 Sole power to dispose or to direct the disposition of 16286800 Shared power to dispose or to direct the disposition of 0 Item 5. Ownership of 5 Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [ ]. Item 6. Ownership of More than 5 Percent on Behalf of Another Person If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of Fisker Inc.. No one person's interest in the common stock of Fisker Inc. is more than five percent of the total outstanding common shares. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. See Exhibit A Item 8. Identification and Classification of Members of the Group If a group has filed this schedule pursuant to Rule 13d-1(b)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identity of each member of the group. Item 9. Notice of Dissolution of Group Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Item 10. Certifications By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature. After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 26, 2024 BlackRock, Inc. Signature: Spencer Fleming ------------------------------------------- Name/Title Attorney-In-Fact The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative other than an executive officer or general partner of the filing person, evidence of the representative's authority to sign on behalf of such person shall be filed with the statement, provided, however, that a power of attorney for this purpose which is already on file with the Commission may be incorporated by reference. The name and any title of each person who signs the statement shall be typed or printed beneath his signature. Attention: Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001). Exhibit A Subsidiary BlackRock Advisors, LLC Aperio Group, LLC BlackRock (Netherlands) B.V. BlackRock Institutional Trust Company, National Association BlackRock Asset Management Ireland Limited BlackRock Financial Management, Inc. BlackRock Asset Management Schweiz AG BlackRock Investment Management, LLC BlackRock Investment Management (UK) Limited BlackRock Asset Management Canada Limited BlackRock Investment Management (Australia) Limited BlackRock Fund Advisors BlackRock Fund Managers Ltd *Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G. Exhibit B POWER OF ATTORNEY The undersigned, BlackRock, Inc., a corporation duly organized under the laws of the State of Delaware, United States (the "Company"), does hereby make, constitute and appoint each of Eric Andruczyk, Richard Cundiff, R. Andrew Dickson, III, Spencer Fleming, Daniel Goldmintz, Laura Hildner, Elizabeth Kogut, David Maryles, Christopher Meade, Una Neary, Charles Park, Daniel Riemer, David Rothenberg and Brenda Schulz, acting severally, as its true and lawful attorneys-in-fact, for the purpose of, from time to time, executing, in its name and on its behalf and on behalf of its direct and indirect subsidiaries, any and all documents, certificates, instruments, statements, filings, agreements and amendments (collectively, "documents") determined by such person to be necessary or appropriate to comply with ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including, without limitation, Schedules 13D and 13G and Forms 3, 4, 5, 13F and 13H and any amendments to any of the foregoing as may be required to be filed with the Securities and Exchange Commission, and delivering, furnishing or filing any such documents with the appropriate governmental or regulatory authority or other person, and giving and granting to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully and to all intents and purposes as the Company and/or its direct and indirect subsidiaries, as applicable, might or could do if personally present by one of its authorized signatories, hereby ratifying and confirming all that said attorney-in-fact shall lawfully do or cause to be done by virtue hereof. Any such determination by an attorney-in-fact named herein shall be conclusively evidenced by such person's execution, delivery, furnishing or filing of the applicable document. This power of attorney shall expressly revoke the power of attorney dated 2nd day of January, 2019 in respect of the subject matter hereof, shall be valid from the date hereof and shall remain in full force and effect until either revoked in writing by the Company, or, in respect of any attorney-in-fact named herein, until such person ceases to be an employee of the Company or one of its affiliates. IN WITNESS WHEREOF, the undersigned has caused this power of attorney to be executed as of this 30th day of April, 2023. BlackRock, Inc. By: /s/ R. Andrew Dickson, III Name: R. Andrew Dickson, III Title: Corporate Secretary
Get the next $FSR alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$FSR

DatePrice TargetRatingAnalyst
3/1/2024Buy → Hold
R. F. Lafferty
3/1/2024Buy → Neutral
Citigroup
1/17/2024$11.00 → $1.00Outperform → Market Perform
TD Cowen
12/4/2023$6.00 → $2.00Outperform → In-line
Evercore ISI
9/26/2023$8.00Buy
BofA Securities
7/17/2023$19.00 → $14.00Outperform
TD Cowen
6/8/2023$6.00Peer Perform → Underperform
Wolfe Research
2/28/2023Hold
Needham
More analyst ratings

$FSR
Press Releases

Fastest customizable press release news feed in the world

See more
  • Xperi Announces Appointment of Two New Independent Directors

    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

    $AMZN
    $FSR
    $GAME
    $NFLX
    Catalog/Specialty Distribution
    Consumer Discretionary
    Auto Manufacturing
    Services-Misc. Amusement & Recreation
  • Fisker Announces Reduced MSRP in U.S. on Many 2023 Model Year Vehicles

    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

    $FSR
    Auto Manufacturing
    Consumer Discretionary
  • Fisker Ocean Wins iF DESIGN AWARD 2024 for Best Electric SUV

    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

    $FSR
    Auto Manufacturing
    Consumer Discretionary

$FSR
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$FSR
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$FSR
SEC Filings

See more

$FSR
Leadership Updates

Live Leadership Updates

See more
  • Xperi Announces Appointment of Two New Independent Directors

    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

    $AMZN
    $FSR
    $GAME
    $NFLX
    Catalog/Specialty Distribution
    Consumer Discretionary
    Auto Manufacturing
    Services-Misc. Amusement & Recreation
  • Fisker Adds Executives to Leadership Team as the Company Accelerates Growth in 2024

    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

    $FSR
    Auto Manufacturing
    Consumer Discretionary
  • Fisker Plans Largest Owner Meetup in Company History on January 20

    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

    $FSR
    Auto Manufacturing
    Consumer Discretionary

$FSR
Financials

Live finance-specific insights

See more
  • Fisker Inc. Announces Preliminary Q4 and Full Year 2023 Results*

    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

    $FSR
    Auto Manufacturing
    Consumer Discretionary
  • Fisker Announces Timing of Fourth Quarter and Full Year 2023 Results and Webcast

    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

    $FSR
    Auto Manufacturing
    Consumer Discretionary
  • Fisker Inc. Announces Third Quarter 2023 Financial Results*

    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

    $FSR
    Auto Manufacturing
    Consumer Discretionary

$FSR
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more