Fisker Faces Imminent Delisting from NYSE and Deepening Troubles

New York Stock Exchange said it is immediately suspending trading of Fisker shares and plans to delist the company
Comes after Fisker stock price traded below $1 for over 30 days, violating exchange rules
Delisting triggers repayment clauses on loans Fisker currently can't afford, further threatening business
Follows Fisker losing a potential $150M deal with an unnamed automaker, endangering recent emergency funding attempt
Fisker struggling with Ocean SUV sales, quality issues, lawsuits, federal investigations; recently laid off 15% of staff and warned it needs urgent cash infusion