{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-069658","form_type":"8-K","ticker":null,"cik":"0001720990","company_name":"Fisker Inc./DE","filed_at":"2024-03-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.248051+00:00","generated_at":"2026-06-04T15:25:11.335036+00:00","sec_items":["1.01","2.04","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"confidence":"high","headline":"Fisker warns of going concern, misses $8.4M interest, secures $150M convertible note","bullets":["Missed $8.4M interest payment on 2.50% 2026 notes; 30-day grace period. Cross-default waived by 2025 note holder.","Failed to timely file 2023 Form 10-K; default under 2025 notes waived but remedy remains available.","Cash dropped to $120.9M as of March 15, 2024; used $906.3M in 2023 operating/investing activities.","Secured commitment for up to $150M net proceeds from senior secured convertible notes (10% OID). First tranche $35M subject to conditions.","NYSE notified Fisker of $1.00 minimum bid price non-compliance on Feb 15; six-month cure period."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-069658","json":"https://secwatch.observer/filing/0001193125-24-069658.json","markdown":"https://secwatch.observer/filing/0001193125-24-069658.md","text":"https://secwatch.observer/filing/0001193125-24-069658.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1720990/000119312524069658/0001193125-24-069658-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1720990/000119312524069658/d784326d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T15:25:11.335036+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"decb39676f88d052cd0857194eafcddd7686ef41","claim":"Fisker Inc./DE incurred convertible notes of up to $166.67 million in aggregate principal amount at 3-month SOFR plus 12% per annum maturing earlier of (i) three (3) months from the date of issuance of the First Tranche, (ii) the effective date of a registration statement for the primary sale of regi.","evidence_excerpt":"providing for the sale of up to $166.67 million in aggregate principal amount of senior secured convertible notes","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1720990/000119312524069658/0001193125-24-069658-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"up to $166.67 million in aggregate principal amount"},{"label":"Rate","value":"3-month SOFR plus 12% per annum"},{"label":"Maturity","value":"earlier of (i) three (3) months from the date of issuance of the First Tranche, (ii) the effective date of a registration statement for the primary sale of regi"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"fa4e8d4e1cb411e4f514e4d2042be20a120b7a10","claim":"Fisker Inc./DE reported a default on convertible notes.","evidence_excerpt":"Fisker did not make a required interest payment of approximately $8.4 million payable in cash on March 15, 2024","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1720990/000119312524069658/0001193125-24-069658-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"},{"claim_id":"fa4e8d4e1cb411e4f514e4d2042be20a120b7a10","claim":"Fisker Inc./DE reported a default on convertible notes.","evidence_excerpt":"the Company is in default under the covenant requiring the Company to timely file reports","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1720990/000119312524069658/0001193125-24-069658-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"},{"claim_id":"0bd5de8c30de1c797d443cc12f51c244c6cdbe67","claim":"Fisker Inc./DE entered into Commitment with an investor valued at up to $166.67 million (effective 2024-03-18).","evidence_excerpt":"On March 18, 2024, (the \"Company\" or \"Fisker\") entered into a financing commitment and term sheet (the \"Commitment\") with an investor (the \"Investor\") providing for the sale of up to $166.67 million in aggregate principal amount of senior secured convertible notes (the \"2024 Notes\").","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1720990/000119312524069658/0001193125-24-069658-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"an investor"},{"label":"Value","value":"up to $166.67 million"},{"label":"Effective","value":"2024-03-18"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}