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Business process re-engeneering in management information system?

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작성자 Hassan Royston 작성일24-03-26 11:22 조회7,400회 댓글0건

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(Reporting by Zaheer Kachwala and Akash Sriram in Bengaluru and Joe White in Detroit; Editing by Shilpi Majumdar, Arun Koyyur and Devika Syamnath) The Fisker Ocean competes with Tesla's Model Y SUV, and a growing crowd of mid-size electric SUVs such as the Ford Mustang Mach-E.

The purpose of business proposals is to throw out a new concept that will create positive change for the company. Business meetings are a great opportunity to submit business proposals and can include anything from logos to slogans.

March 25 (Reuters) - Cash-strapped Fisker's talks with a large automaker for a potential deal have collapsed and the New York Stock Exchange plans to delist the electric-vehicle startup's shares due to "abnormally low" price levels.

Fisker has pursued a different strategy from Tesla and other EV startups by relying on auto supplier Magna to assemble its vehicles rather than invest the capital to build and operate a factory on its own.

The NYSE has also suspended trading in the stock, it said on Monday, hours after it was halted pending an announcement. Fisker's shares were trading at $0.09 before the halt and closed at $0.13 on Friday.

Separately, Fisker said it would ask investors to vote on a proposal for a reverse stock-split at a shareholder meeting on April 24, as it looked to comply with the New York Stock Exchange's listing norms.

"I can't put it if it is next week or next year, but it is inevitable," Thomas Hayes, chairman at hedge fund Great Hill Capital, said on the growing chances of Fisker likely to file for bankruptcy protection.

In the case of a stock delisting, the company will be required to offer to repurchase its unsecured 2.50% convertible notes due 2026 and it will trigger an event of default under its senior secured convertible notes due 2025.

The $8.4 million payment for some notes due in 2026 was supposed to be paid on March 15, but the startup said it did not pay despite having enough liquidity as it wanted to use the 30-day grace period to talk to investors about its capital structure.

"We do not currently have sufficient cash reserves or financing sources sufficient to satisfy all amounts due under the 2026 Notes or the 2025 Notes, and as a result, such events could have a material adverse effect on our business, results of operations and financial condition," it said.

The termination of talks with the unnamed automaker has led Fisker to search for strategic options including in- or out-of-court restructurings and capital markets transactions, the startup said on Monday.

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