---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-087419"
form_type: "8-K"
ticker: null
cik: "0001720990"
company_name: "Fisker Inc./DE"
filed_at: "2024-04-04T23:59:59+00:00"
generated_at: "2026-06-04T02:21:28.650611+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Fisker enters forbearance on $182.65M notes after defaults; forbearance ends April 21

## Summary
- Specified Defaults include NYSE trading suspension and missed $B-1 installment due March 29, 2024.
- Forbearance runs April 4–21, 2024; noteholder can accelerate notes if Forbearance Default occurs.
- $500k forbearance fee: $250k cash + $250k PIK added to principal of Notes pro rata.
- Noteholder retains conversion rights at lowest Conversion Price; company acknowledges $182.65M principal due.
- Company also faces potential default on $2026 Notes if interest not paid by April 14.

## SEC filing metadata
- accession: 0001193125-24-087419
- form_type: 8-K
- cik: 0001720990
- company_name: Fisker Inc./DE
- filed_at: 2024-04-04T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720990/000119312524087419/0001193125-24-087419-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720990/000119312524087419/d794769d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-087419
- JSON: https://secwatch.observer/filing/0001193125-24-087419.json
- Plain text: https://secwatch.observer/filing/0001193125-24-087419.txt

## Key facts
- Material Agreements
  Fisker Inc./DE entered into Forbearance Agreement with the Investor (effective 2024-04-04).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: the Investor
  - Effective: 2024-04-04
  source text: On April 4, 2024, the Company, certain subsidiaries of the Company who are guarantors of the Notes (the “Guarantors” and together with the Company, the “Obligors”) and the Investor (in its capacity as collateral agent and noteholder) entered into a Forbearance Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720990/000119312524087419/0001193125-24-087419-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
