The SEC closed its investigation into bankrupt EV startup Fisker in September 2025, about a year after the probe opened, according to TechCrunch. The closure matters because the SEC inquiry had been one of the remaining regulatory overhangs around Fisker’s collapse, records preservation, and potential securities-law exposure after the company filed Chapter 11 in June 2024.

For restructuring professionals, the update narrows the live regulatory risk around the estate: TechCrunch reports the investigation closed without a lawsuit, leaving Fisker no longer among the EV startups still under known active SEC investigation. That should reduce one source of uncertainty for parties tracking claim resolution, governance fallout, and any remaining estate monetization or wind-down issues.