{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-004512","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2024-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.210460+00:00","generated_at":"2026-06-06T22:46:08.040896+00:00","sec_items":["1.01","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Phoenix Motor closes $3.5M Proterra Transit acquisition and raises $4M in PIPE","bullets":["Entered securities purchase agreements for 3,478,260 shares at $1.15 and warrants for up to 13,913,043 shares at $2.00, raising ~$4M gross.","Completed acquisition of Proterra Transit business unit for $3.5M on Jan 11, 2024, after bankruptcy court approval.","Acquisition adds full-size electric transit buses to Phoenix's existing medium-duty shuttle bus lineup.","Proceeds from private placement used in part for the acquisition and for working capital.","Battery lease agreement closing expected on or about Jan 23, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-004512","json":"https://secwatch.observer/filing/0001104659-24-004512.json","markdown":"https://secwatch.observer/filing/0001104659-24-004512.md","text":"https://secwatch.observer/filing/0001104659-24-004512.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924004512/0001104659-24-004512-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924004512/tm242359d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T22:46:08.040896+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":"f461283c9549e4d9a18d5a8f3f045a4987caafff","claim":"PHOENIX MOTOR INC. completed an acquisition involving Proterra, Inc. and its subsidiary, Proterra Operating Company, Inc. for $3.5 million (closed 2024-01-11).","evidence_excerpt":"On January 11, 2024, the Company completed the acquisition of the Proterra Transit Business Unit for a purchase price of $3.5 million.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924004512/0001104659-24-004512-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Proterra, Inc. and its subsidiary, Proterra Operating Company, Inc."},{"label":"Consideration","value":"$3.5 million"},{"label":"Closing","value":"2024-01-11"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}