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Publish Date: Wed, 13 Mar 2024, 21:02 PM

March 13 (Reuters) - Electric vehicle startup Fisker (FSR.N) , opens new tab has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The company has hired financial adviser FTI Consulting and the law firm Davis Polk to work on a potential bankruptcy filing, according to the report , opens new tab.
Fisker declined to comment.
Earlier this month, Fisker flagged going-concern risks, job cuts and a pause in investments into future projects until it secures a partnership with a manufacturer.
Nissan (7201.T) , opens new tab was in advanced talks to invest in Fisker in a deal that could provide the Japanese automaker with access to an electric pickup truck, Reuters reported earlier this month, citing two people familiar with the negotiations.
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https://www.reuters.com/business/autos-transportation/ev-start-up-fisker-prepares-possible-bankruptcy-filing-wsj-reports-2024-03-13/