- Fisker is in talks with four automakers about possible acquisitions, CEO Henrik Fisker said.
- Fisker’s CEO held an all-hands meeting with employees Thursday.
- The company has warned it could go out of business this year.
Fisker CEO Henrik Fisker told staff during an all-hands meeting Thursday that he was in talks with four automakers for a potential acquisition, according to a recording of the event viewed by Business Insider. Told.
“There is still time before we receive another offer from Fisker,” he told staff Thursday. “There are four car companies that have signed NDAs. But of course, we need time to tread carefully.”
The company did not say who the four automakers were or how long it would take for the companies to complete due diligence on a potential agreement.
A rumored deal with Nissan and the major automaker collapsed earlier this year. The CEO told employees on Thursday that he was working with Deutsche Bank to find a buyer. One offer to buy the company was not “enough,” he said, according to the recording.
The all-hands meeting came two days after Fisker warned investors that it could file for bankruptcy protection within 30 days if it fails to shore up liquidity further. The company said in a regulatory filing that it had only $54 million in cash equivalents as of April 16 and “does not believe available liquidity is sufficient to meet current obligations.” ” he said.
A Fisker spokesperson declined to comment.
Do you work for Fisker or have a tip? Contact the reporter using a non-work email and device: gkay@businessinsider.com.
