(Reuters) -Electric vehicle startup Fisker (NYSE:FSR) has hired restructuring advisers to assist with a possible bankruptcy filing, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
The company has hired financial adviser FTI Consulting (NYSE:FCN) and the law firm Davis Polk to work on a potential bankruptcy filing, according to the report.
Fisker declined to comment.
Earlier this month, Fisker flagged going-concern risks, job cuts and a pause in investments into future projects until it secures a partnership with a manufacturer.
Nissan (OTC:NSANY) was in advanced talks to invest in Fisker in a deal that could provide the Japanese automaker with access to an electric pickup truck, Reuters reported earlier this month, citing two people familiar with the negotiations.