Fisker, Inc.

Zahabi v. Fisker Inc. et al., (Case No. 23-cv-09976) C.D. Cal.

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On November 8, 2023, Fisker, Inc. announced that it was delaying the release of Q3 2023 financial results from its previously announced release date of November 8th before the market opened to November 13th after the closing bell, citing the October departure of the Company’s former chief accounting officer.

Shares of Fisker, Inc. stock dropped 8% in early intraday trading on November 8, 2023.

Then after the market closed on November 13, 2023, Fisker announced Q3 2023 financial results and disclosed that it would be delayed in filing SEC Form 10-Q after determining that it has a material weakness in its controls over financial reporting.

Shares of Fisker, Inc. stock dropped more than 9% in afterhours trading on November 13, 2023.

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