Fisker $350 million at-the-market offering
The company’s shares are traded on the NYSE
Davis Polk advised the sales agents in connection with an SEC-registered at-the-market offering program by Fisker Inc. under which Fisker may from time to time issue and sell shares of its Class A common stock for up to an aggregate amount of $350 million.
California-based Fisker Inc.’s mission is to create the world’s most emotional and sustainable vehicles. Fisker is building a technology-enabled, asset-light automotive business model that it believes will be among the first of its kind and aligned with the future state of the automotive industry.
The Davis Polk corporate team included partner Derek Dostal and associate Michael Stromquist. Partner Michael Farber and associate Ben Levenback provided tax advice. All members of the Davis Polk team are based in the New York office.