Monday, May 10, 2021

Fisker Runs Afoul Of SPAC Warrants Accounting, Plans Restatement

Los Angeles-based electric car company Fisker Inc. has run afoul of warrant accounting issues related to the special purpose acquisition company (SPAC) transaction it was involved in, and will restate its 10-K for the year ended December 31, 2020. According to Fisker Inc., the restatement comes as a result of the April 12th Staff Statement by the U.S.

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