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OFFON

FISKER INC.

(FSR)
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Fisker : CORRECTING and REPLACING Fisker to Ring the Opening Bell at the New York Stock Exchange

11/08/2020 | 12:02pm EST

Please replace the release issued November 8, 2020, at 12:02 p.m. ET with the following corrected version due to multiple revisions to the quote in the second paragraph.

The updated release reads:

FISKER TO RING THE OPENING BELL AT THE NEW YORK STOCK EXCHANGE

Fisker Inc. (NYSE: FSR) (“Fisker”) – designer and manufacturer of the world’s most emotion-stirring, eco-friendly electric vehicles and advanced mobility solutions – today announced that Henrik Fisker, chairman and CEO, will virtually ring the Opening Bell® at the New York Stock Exchange on Monday, Nov. 9, 2020 to celebrate the company’s recent listing on the exchange.

“I am super excited about ringing the bell virtually at the New York Stock Exchange - befitting for a digital car company to celebrate this important milestone,” commented Henrik Fisker. “I am very proud that Fisker is the fifth American passenger car company and the second American pure EV passenger car company to be listed on a US exchange! As a nation, we are navigating through a period of major change. The foundation of our country is based on innovation and entrepreneurship, and that made it possible for us to raise the required funding to bring our first exciting and sustainable vehicle to market.”

The Fisker Ocean has been designed to be the world’s most sustainable vehicle, including extensive use of environmentally friendly and recycled materials. The model is also digitally focused, reflected through innovative features delivered “over-the-air,” a groundbreaking user interface / user experience and an ownership experience that can be fully managed through the Fisker Flexee mobile app. A strategic cooperation with Magna International supports the co-development and manufacture of the vehicle, projected to launch in Q4 2022.

In addition to television coverage of the ceremony, the New York Stock Exchange will live stream the Opening Bell ringing on its website: https://www.nyse.com/bell. The bell ringing is scheduled for 9:26 - 9:30 a.m. EST. A video of the ceremony will also be archived on that same page following the livestream.

For more information, or for interview inquiries, contact Fisker@GoDRIVEN360.com.

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.


ę Business Wire 2020
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Analyst Recommendations on FISKER INC.
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Financials (USD)
Sales 2021 0,05 M - -
Net income 2021 -439 M - -
Net cash 2021 491 M - -
P/E ratio 2021 -12,2x
Yield 2021 -
Capitalization 5 862 M 5 862 M -
EV / Sales 2021 103 720x
EV / Sales 2022 24,0x
Nbr of Employees 300
Free-Float 53,5%
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Technical analysis trends FISKER INC.
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 19,79 $
Average target price 24,90 $
Spread / Average Target 25,8%
EPS Revisions
Managers and Directors
Henrik Fisker Chairman, President & Chief Executive Officer
Geeta Gupta-Fisker Chief Financial Officer & Director
Martin T. Welch Senior Vice President-Engineering
Burkhard J. Huhnke Chief Technology Officer
Roderick K. Randall Independent Director
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