{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-048470","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2023-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.440320+00:00","generated_at":"2026-06-16T21:45:23.675714+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Phoenix Motor (PEV) receives Nasdaq delisting notice; bid price under $1.00","bullets":["Nasdaq deficiency letter received April 18, 2023 for bid price below $1.00 for 30 consecutive business days.","Company has 180 calendar days, until October 16, 2023, to regain compliance by closing at $1.00+ for 10 consecutive days.","If not compliant by deadline, may be eligible for a 180-day second compliance period with a reverse stock split.","Stock continues trading on Nasdaq Capital Market under PEV; no immediate delisting effect."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-048470","json":"https://secwatch.observer/filing/0001104659-23-048470.json","markdown":"https://secwatch.observer/filing/0001104659-23-048470.md","text":"https://secwatch.observer/filing/0001104659-23-048470.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923048470/0001104659-23-048470-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923048470/tm2313278d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T21:45:23.675714+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"72268c53e33f27f9656a18034b8f242570c0459c","claim":"PHOENIX MOTOR INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).","evidence_excerpt":"April 18, 2023, Phoenix Motor Inc., a Delaware corporation (the “Company”) received a notice in the form of a letter (“Deficiency Letter”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the bid price for the Company’s common stock had closed below $1.00 per share for the previous 30 consecutive business days (the “Minimum Bid Price Requirement”). The Nasdaq Deficiency Letter has no immediate effect on the listing of the Company’s common stock, an","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923048470/0001104659-23-048470-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"minimum bid price"},{"label":"Rules","value":"5550(a)(2), 5810(c)(3)(A)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}