Fisker Inc. (NYSE:FSR), a leading electric vehicle manufacturer, made significant headlines today as its stock price soared by 26%, culminating in a gain of $5.12 per share. This remarkable surge has led to a substantial trading volume of 40,019,993 shares, reflecting growing investor confidence in the company’s future prospects.
In addition to this positive market response, Fisker Inc. also announced the filing of its Q3 2023 10-Q report with the Securities and Exchange Commission. As part of its commitment to transparency and sustainable growth, the company has initiated several changes to its finance and accounting leadership team. These strategic adjustments aim to align the company’s financial operations with its ambitious growth plans.
Chairman and CEO, Henrik Fisker, emphasized the company’s dedication to executing its business plan and delivering value to shareholders. He highlighted Fisker’s efforts to strengthen its infrastructure to support rapid expansion and ensure accurate financial information. To this end, the finance and accounting team has been bolstered with the promotion of Eric Sand to Corporate Controller and the appointment of Dan Quirk as Executive Vice President, Finance and Accounting. Quirk brings over three decades of expertise to enhance business performance and financial strategies.
Furthermore, Fisker Inc. has reorganized its sales and delivery strategy by opening new facilities in New York and California, with plans for additional launches throughout the year. This proactive approach allows the company to meet the high demand for its electric vehicles in the US and Europe. Fisker has already achieved record-breaking daily deliveries, including an impressive 107 vehicles in a single day.
Looking ahead, Fisker remains committed to investing in its talent, processes, and technology to maintain and accelerate global growth. The company’s unwavering dedication to environmental sustainability and creating emotionally engaging electric vehicles continues to drive its operations.
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Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.
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