[non sequitur]

Saw this story today at insideevs.com:
http://insideevs.com/fisker-raises-more-private-equity-again-over-100-million/

So, in light of the earlier newsflash that they were seeking to raise up to $150MM, should $100MM cause concern, or is it great news? insideevs puts it this way:
"It should be noted that although $100 million is a lot of scratch, Fisker had said it was looking for up to $150 million, so this could signal the end of tapping private investors, and a precursor to a public offering."

Well given TSLA's recent stock performance, and all the recent press from Consumer Reports, I'm not sure how great the timing for an IPO would be - thoughts?

 

[Chicago]

I feel this is great news!
Fisker Automotive Raises Another $100 Million for New Sedan, International Push
http://www.sustainablebusiness.com/index.cfm/go/news.display/id/24120

 

[LonePalmBJ]

The way I read it was that it was 100MM *so far* but that the financing round is still open. I think Fisker just wanted to get something positive in the news cycle to counter the Consumer Reports noise; there's a lot of good things going on with Fisker, but if CR is the only story people might miss that.

 

[dennis]

The way I read it was that it was 100MM *so far* but that the financing round is still open. I think Fisker just wanted to get something positive in the news cycle to counter the Consumer Reports noise; there's a lot of good things going on with Fisker, but if CR is the only story people might miss that.

Agree. In prior financing rounds they did multiple closings. This is most likely just the first closing of the current round.

 

[Weird Fishes]

The way I read it was that it was 100MM *so far* but that the financing round is still open. I think Fisker just wanted to get something positive in the news cycle to counter the Consumer Reports noise; there's a lot of good things going on with Fisker, but if CR is the only story people might miss that.

That makes a lot of sense. And is a smart PR move on the part of Fisker--apparently, their PR department is improving just like the software!!

 

[scottf200]

Quite a few articles.

Google news search:
https://www.google.com/search?hl=en&gl=us&tbm=nws&sclient=psy-ab&q=fisker+raises