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Fisker Inc.
Fisker Inc. is an American Automotive industry, automotive company founded by Henrik Fisker and his wife Geeta Gupta-Fisker. Launched in 2016 and based in Southern California, Fisker Inc. is the successor to Fisker Automotive, which produced the Fisker Karma. Fisker Inc. is developing the Fisker Ocean, an electric sport utility vehicle (SUV) with an estimated range of , with production expected to begin in late 2022.Fisker Ocean: Reborn electric-car startup's SUV has a name
CNET, Sean Szymkowski, October 31, 2019
Until 2021, Fisker was working on the development of #Solid-state_battery, solid-state battery technologies that could enable as much as of range with a 1 minute charge. On July 13, 2020, Fisker Inc. announced an initial public offering on the New York Sto ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Reverse Merger
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of the private company purchase control of the public shell company/ SPAC and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, negot ...
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Special-purpose Acquisition Company
A special purpose acquisition company (SPAC; ), also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making it public without going through the traditional initial public offering process and the associated regulations thereof. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds. In the United States, SPACs are registered with the SEC and considered publicly-traded companies; the general public may buy their shares on stock exchanges before any merger or acquisition takes place. For this reason they have at times been referred to as the "poor man's private equity funds". The majority of companies pursuing SPACs do so on the Nasdaq or New York Stock Exchange in the United States, althoug ...
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Louis Bacon
Louis Moore Bacon (born July 25, 1956) is an American investor, hedge fund manager, and philanthropist. He is the founder and chief executive of Moore Capital Management. ''Forbes Magazine'' estimates his net worth to be US$1.81 billion, making him the 374th richest person on the Forbes 400 as of February 2017. Early life and education Bacon was born in Raleigh, North Carolina on July 25, 1956. His father, Zachary Bacon Jr., founded real estate company Bacon & Co. and later led Prudential Financial’s and Merrill Lynch’s real estate efforts in North Carolina.
Louis Bacon: Macro maestro, Stephen Taub, July 1, 2011, Retrieved July 17, 2011.
Bacon graduated from Episcopal High School (Alexandria, Virginia), Episcopal High School in Alexandria, Virginia, Alexandria, Virginia. He attended Middl ...
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CleanTechnica
''CleanTechnica'' is a US-based website dedicated to aggregating news in clean technology, sustainable energy, and electric vehicles, with a focus on Tesla. Content CleanTechnica publishes stories on a wide range of topics that are cited by mainstream media such as Business Insider (on Lindsey Graham), Reuters (on nanotech for energy storage), ThinkProgress (on wind power in Texas), ''The Washington Post'' (on suburban living), Forbes (on the Byton M-Byte) and Slate (on mask stockpiling during the COVID-19 pandemic). ''ThinkProgress'' have also published their stories in full. In addition to their own stories CleanTechnica publish interviews with notable individuals within clean technology such as fellow at the Post Carbon Institute Richard Heinberg. In collaboration with the quarterly magazine ''The Beam Magazine'' CleanTechnica publish their stories. Starting in 2015 CleanTechnica have held an annual vote among its readers to select a ''Car of the Year.'' Staff The site d ...
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Solid-state Battery
A solid-state battery is a battery technology that uses solid electrodes and a solid electrolyte, instead of the liquid or polymer gel electrolytes found in lithium-ion or lithium polymer batteries. While solid electrolytes were first discovered in the 19th century, several drawbacks have prevented widespread application. Developments in the late 20th and early 21st century have caused renewed interest in solid-state battery technologies, especially in the context of electric vehicles, starting in the 2010s. Solid-state batteries can provide potential solutions for many problems of liquid Li-ion batteries, such as flammability, limited voltage, unstable solid-electrolyte interphase formation, poor cycling performance and strength. Materials proposed for use as solid electrolytes in solid-state batteries include ceramics (e.g., oxides, sulfides, phosphates), and solid polymers. Solid-state batteries have found use in pacemakers, RFID and wearable devices. They are potentially sa ...
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Motor Trend
''MotorTrend'' is an American automobile magazine. It first appeared in September 1949, and designated the first Car of the Year, also in 1949. Petersen Publishing Company in Los Angeles, California, Los Angeles published ''MotorTrend'' until 1998, when it was sold to British publisher EMAP, who then sold the former Petersen magazines to Primedia in 2001. MotorTrend bears the tagline "The Magazine for a Motoring World". As of 2019 it is published by Motor Trend Group. It has a monthly circulation of over one million. Contents and sections The contents of ''MotorTrend'' magazines are divided up into sections, or departments. Road tests ''MotorTrend'' magazine provides its readers with written "road tests" of vehicles. These road tests are published monthly, and are meant to give readers information about the featured vehicle, certain aspects of the vehicle, and what the readers can expect if the featured vehicle is purchased. Vehicle comparisons There are two main types of ''Mot ...
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Detroit News
''The Detroit News'' is one of the two major newspapers in the U.S. city of Detroit, Michigan. The paper began in 1873, when it rented space in the rival ''Detroit Free Press'' building. ''The News'' absorbed the ''Detroit Tribune'' on February 1, 1919, the ''Detroit Journal'' on July 21, 1922, and on November 7, 1960, it bought and closed the faltering ''Detroit Times''. However, it retained the ''Times building, which it used as a printing plant until 1975, when a new facility opened in Sterling Heights, Michigan, Sterling Heights. The ''Times'' building was demolished in 1978. The street in downtown Detroit where the Times building once stood is still called "Times Square (Detroit), Times Square." The Evening News Association, owner of ''The News'', merged with Gannett Company, Gannett in 1985. At the time of its acquisition of ''The News'', Gannett also had other Detroit interests, as its outdoor advertising company, which ultimately became Outfront Media through a series ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Time (magazine)
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published Weekly newspaper, weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United St ...
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NBC News
NBC News is the news division of the American broadcast television network NBC. The division operates under NBCUniversal Television and Streaming, a division of NBCUniversal, which is, in turn, a subsidiary of Comcast. The news division's various operations report to the president of NBC News, Noah Oppenheim. The NBCUniversal News Group also comprises MSNBC, the network's 24-hour general news channel, business and consumer news channels CNBC and CNBC World, the Spanish language Noticias Telemundo and United Kingdom–based Sky News. NBC News aired the first regularly scheduled news program in American broadcast television history on February 21, 1940. The group's broadcasts are produced and aired from 30 Rockefeller Plaza, NBCUniversal's headquarters in New York City. The division presides over America's number-one-rated newscast, ''NBC Nightly News'', the world's first of its genre morning television program, ''Today'', and the longest-running television series in American ...
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Bloomberg Businessweek
''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City in September 1929. Bloomberg Businessweek business magazines are located in the Bloomberg Tower, 731 Lexington Avenue, Manhattan in New York City and market magazines are located in the Citigroup Center, 153 East 53rd Street between Lexington and Third Avenue, Manhattan in New York City. History ''Businessweek'' was first published based in New York City in September 1929, weeks before the stock market crash of 1929. The magazine provided information and opinions on what was happening in the business world at the time. Early sections of the magazine included marketing, labor, finance, management and Washington Outlook, which made ''Businessweek'' one of the first publications to cover national political issues that directly impacted the b ...
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