secwatch.observer — SEC 8-K summary
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Issuer:     Fisker Inc./DE (—)
CIK:        0001720990
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0001193125-24-038568
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fisker receives NYSE delisting warning for stock price below $1.00
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- NYSE notified Fisker on Feb 15, 2024 that average closing price was below $1.00 over 30 consecutive trading days.
- Company has a six-month cure period to regain compliance under NYSE Section 802.01C.
- Cure requires closing price ≥$1.00 and average ≥$1.00 over 30 trading days by month-end.
- Fisker is considering a reverse stock split, subject to stockholder approval at next annual meeting.
- Stock continues to trade on NYSE under symbol FSR during the cure period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720990/000119312524038568/0001193125-24-038568-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720990/000119312524038568/d793005d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-038568

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