--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-23-125359" form_type: "8-K" ticker: "PEVM" cik: "0001879848" company_name: "PHOENIX MOTOR INC." filed_at: "2023-12-12T23:59:59+00:00" generated_at: "2026-06-07T14:24:51.866700+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.25 calibrated_materiality_score: 0.15 confidence: "high" source: SEC EDGAR --- # Phoenix Motor shareholders approve all five proposals at 2023 annual meeting ## Summary - All five director nominees elected: Peng (17.94M for), Cheong (17.94M), Perkowski (17.94M), Stivers (17.94M), Van (17.94M). - Ratification of Marcum Asia CPAs as auditor approved: 18.99M for, 1,058 against. - Advisory say-on-pay resolution passed: 17.70M for, 243k against. - 2021 Omnibus Incentive Plan amendment approved, adding 1.8M shares: 17.56M for, 382k against. - Nasdaq proposal for potential issuance >19.99% of outstanding shares approved: 17.80M for, 142k against. ## SEC filing metadata - accession: 0001104659-23-125359 - form_type: 8-K - ticker: PEVM - cik: 0001879848 - company_name: PHOENIX MOTOR INC. - filed_at: 2023-12-12T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.25 - calibrated_materiality_score: 0.15 - confidence: high - sec_items: 5.07 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1879848/000110465923125359/0001104659-23-125359-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879848/000110465923125359/tm2332734d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-23-125359 - JSON: https://secwatch.observer/filing/0001104659-23-125359.json - Plain text: https://secwatch.observer/filing/0001104659-23-125359.txt ## Key facts - Shareholder Votes PHOENIX MOTOR INC. shareholders approved Approval and Ratification of Auditors at the 2023-12-11 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-12-11 source text: Stockholders approved and ratified the appointment of Marcum Asia CPAs, LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results were as follows: For Against Abstentions 18,993,427 1,058 1,802 evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000110465923125359/0001104659-23-125359-index.htm - Shareholder Votes PHOENIX MOTOR INC. shareholders approved Approval of the Nasdaq Proposal at the 2023-12-11 meeting. - Outcome: passed - Meeting: 2023-12-11 source text: Stockholders approved the Nasdaq Proposal for the potential issuance of shares of common stock to the holders of certain convertible promissory notes and warrants in excess of 19.99% of the Company’s outstanding shares of common stock pursuant to the Nasdaq Listing Rules. The voting results were as follows: For Against Abstentions 17,804,820 142,345 1,271 evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000110465923125359/0001104659-23-125359-index.htm - Shareholder Votes PHOENIX MOTOR INC. shareholders approved Advisory Say-on-Pay Resolution at the 2023-12-11 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-12-11 source text: Stockholders approved on an advisory basis, the compensation paid to the Company’s named executive officers, as disclosed in the Company’s proxy statement pursuant to Item 402 of Regulation S-K, including the compensation tables and accompanying narrative disclosure. The voting results were as follows: For Against Abstentions 17,703,726 243,218 1,492 evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000110465923125359/0001104659-23-125359-index.htm - Shareholder Votes PHOENIX MOTOR INC. shareholders approved Election of five directors at the 2023-12-11 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-12-11 source text: Stockholders elected the Company’s five nominees for director each to serve until the 2024 annual meeting of stockholders or until their respective successor is elected and qualified. The voting results were as follows: For Withheld Xiaofeng Denton Peng 17,941,921 6,515 HoongKhoeng Cheong 17,941.531 6,905 John F. Perkowski 17,944,546 3,890 Steven E. Stivers 17,940,736 7,700 Sam Van 17,939,629 8,807 evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000110465923125359/0001104659-23-125359-index.htm - Shareholder Votes PHOENIX MOTOR INC. shareholders approved Approval of the 2021 Incentive Plan Amendment at the 2023-12-11 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-12-11 source text: Stockholders approved an amendment to the terms of the Company’s 2021 Omnibus Incentive Plan (the “2021 Plan”) to provide for an additional 1,800,000 shares to be issued in connection with awards granted thereunder. The voting results were as follows: For Against Abstentions 17,564,441 382,858 1,137 evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000110465923125359/0001104659-23-125359-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.