Orrick Advises Fisker on Launch of $350 Million At-the-Market Equity Program


Orrick advised Fisker (NYSE: FSR) in connection with the establishment of its at-the-market equity program with J.P. Morgan Securities and Cowen and Company as the sales agents.

Under the ATM Program, Fisker can sell up to $350 million shares of its Class A Common Stock. Fisker intends to use the net proceeds that it receives for the development of the Fisker Personal Electric Automotive Revolution (PEAR), as well as on vehicle, retail and technology developments and general corporate purposes.

The Orrick team is led by Albert Vanderlaan and includes Soo Hwang, Sami Ghubril, Anjel Bonilla and Michelle Lee.