Fisker (FSR) stock on the rise despite plans to raise funds, diluting investors
California-based EV startup Fisker’s (FSR) stock is trending higher Friday despite announcing plans to raise funds by offering $170 million in convertible notes. Fisker announced in a press release Friday its intentions to offer $170 million in senior convertible notes to existing institutional investors. The convertible notes are due in 2025, securing roughly $150 million […]