You would think that after Fisker had plenty of cash backing its new venture that the company would go forward and get some autos on the street. Unfortunately, you've thought wrong.
Even though no product has hit the market and no one can confirm word that the Fisker Karma actually has 3,000 pre orders, Fisker is looking to raise another $75 million to $150 million buckaroos.
Thankfully, this time its private so taxpayers will not have to carry the cost.
With that said, is the Fisker Karma still a hot commodity or are you guys and girls "over it?"
Plug-in hybrid startup Fisker Automotive, we’re told, is looking to raise another $75 million to $150 million in private equity investments. It would seem that Fisker is in a better position than the company was the last time it went looking for investors earlier this year.
Fisker has since closed on a $529 million loan from the U.S. Department of Energy, bought GM’s old Boxwood Road plant near Newport for $20 million, and was awarded $21.5 million grants and loans from the state of Delaware. Also, speaking at the Paris Motor Show last month, where the company unveiled the first factory-built version of its $88,000 Karma sports sedan, CEO Henrik Fisker said the company had taken more than 3,000 pre-orders for the Karma....
[Source: Delaware Online]
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