{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-119545","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.257049+00:00","generated_at":"2026-06-08T00:28:07.179379+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Phoenix Motor wins bid for Proterra Transit assets for $10M cash","bullets":["Total cash consideration $10M: $3.5M for Proterra Transit business, $6.5M for battery lease agreements.","Acquisition adds heavy-duty transit buses to Phoenix's medium-duty electric vehicle product lineup.","Bankruptcy court approval hearing scheduled Nov 28; closing targeted by Dec 5, 2023.","Phoenix assumes certain liabilities including warranties; deal subject to court approval."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-119545","json":"https://secwatch.observer/filing/0001104659-23-119545.json","markdown":"https://secwatch.observer/filing/0001104659-23-119545.md","text":"https://secwatch.observer/filing/0001104659-23-119545.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923119545/0001104659-23-119545-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923119545/tm2330970d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:28:07.179379+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":"95efc1368396c4cfb83d5bd8da478491ceb8828b","claim":"PHOENIX MOTOR INC. entered into Asset Purchase Agreements with Proterra, Inc. and its subsidiary, Proterra Operating Company, Inc. valued at $10 million in cash (effective 2023-11-13).","evidence_excerpt":"On November 13, 2023, Phoenix Motor Inc. (the “Company” or “Phoenix”), entered into two Asset Purchase Agreements (collectively, the “Asset Purchase Agreements”) with Proterra, Inc. and its subsidiary, Proterra Operating Company, Inc. (collectively, “Proterra”), pursuant to which Phoenix agreed to purchase substantially all of the assets of the Proterra Transit business line.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465923119545/0001104659-23-119545-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Proterra, Inc. and its subsidiary, Proterra Operating Company, Inc."},{"label":"Value","value":"$10 million in cash"},{"label":"Effective","value":"2023-11-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}