The DOE loan was for $529M, of which they have spent $193M on the Karma. So if they are going to replace the DOE funding, they will need a lot more than $100M. This has to be a multi-step process:
1) Close $100M+ this week to relieve concerns about Fisker's viability
2) Mitigate quality concerns through A123 battery recall, warranty extension and new software release, all happening this week.
3) Build excitement for the Nina project by showing the concept/prototype next week
4) Attract significant capital to replace the DOE loan because 1)-3) above have reduced the risk of investing in Fisker. This may take an extended period of time because of the size of the deal, but you have to believe that Tom LaSorda and Henrik Fisker can get it done.
Its an exciting time to be a Fisker Karma owner.