{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-008889","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.210656+00:00","generated_at":"2026-06-06T14:08:04.879167+00:00","sec_items":["1.01","3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Phoenix Motor raises ~$678k via private placement of 600k shares and warrants","bullets":["Issued 600,000 shares at $1.13/share and warrants for 600,000 shares exercisable at $1.13 for one year.","Gross proceeds of ~$678,000 from accredited investor Gaoan Capital Management LLC.","Proceeds to fund working capital and general corporate purposes.","Securities offered in unregistered private placement under Section 4(a)(2)/Regulation D.","Warrants immediately exercisable, cashless exercise if no registration statement effective."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-008889","json":"https://secwatch.observer/filing/0001104659-24-008889.json","markdown":"https://secwatch.observer/filing/0001104659-24-008889.md","text":"https://secwatch.observer/filing/0001104659-24-008889.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924008889/0001104659-24-008889-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924008889/tm244729d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:08:04.879167+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":"6cb435e87b037aa896224e4b380b6a042e8fb43b","claim":"PHOENIX MOTOR INC. entered into Securities Purchase Agreement with accredited investor valued at approximately $678,000 (effective 2024-01-04).","evidence_excerpt":"On January 4, 2024, Phoenix Motor Inc., a Delaware corporation (the “ Company ”), entered into a Securities Purchase Agreement (the “ Securities Purchase Agreement ”) with an accredited investor (the “ Purchaser ” ), relating to a private placement (the “ Private Placement ”) by the Company pursuant to which the Company issued 600,000 shares (the “ Shares ”) of the Company’s common stock (the “ Common Stock ”) at a purchase price of $1.13 per share, and a Common Stock purchase warrant (the “ Warrant ”) to purchase up to 600,000 shares of Common Stock, exercisable at $1.13 per share (the “ Warrant Shares ” and, together with the Warrants and the Shares, the “ Securities ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924008889/0001104659-24-008889-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"accredited investor"},{"label":"Value","value":"approximately $678,000"},{"label":"Effective","value":"2024-01-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}