Fisker Defaults On First Payment Of $3.5 Million Loan

Fisker continues to circle the drain and it appears their fire sale can’t reverse the tide. That’s becoming clear today as the company has defaulted on a $3,456,000 loan.

 

In a Form 8-K filing with the U.S. Securities and Exchange Commission, Fisker revealed they missed payments to CVI Investments. While this probably shouldn’t be too surprising, it appears the company defaulted almost immediately.