Wednesday, June 19, 2024Additional Fisker Entities Go Into Chapter 11Los Angeles-based Fisker Automotive said on Wednesday that Fisker Inc. and its other U.S. subsidiaries have entered into Chapter 11, following the Chapter 11 filing of parent company Fisker Group Inc. on Monday. According to Fisker, discussions regarding the sale of its assets remain ongoing. The company has set up a Chapter 11 website, and says it is represented by Davis Polk & Wardwell LLP and Morris, Nichols, Arsht & Tunnell LLP as legal advisors and Huron Consulting Group as restructuring ad (More info...)
posted on Wednesday, June 19, 2024(Full story)
Liquid Instruments Raises $12MSan Diego- and Canberra, Australia-based Liquid Instruments said Wednesday that it has raised $12M in a funding round. The funding was led by Breakthrough Victoria, and also included Lockheed Martin Ventures, Acorn Capital, and Powerhouse Ventures. The company said $10M of the round came from Breakthrough. According to the company, it will use the funding to "significantly expand" its manufacturing operations in Australia, establish a new office in Melbourne, and scale its global operations. Th (More info...)
posted on Wednesday, June 19, 2024(Full story)