secwatch.observer — SEC 8-K summary
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Issuer:     PHOENIX MOTOR INC. (PEVM)
CIK:        0001879848
Form:       8-K
Filed at:   2024-02-02T23:59:59+00:00
Accession:  0001104659-24-010174
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phoenix Motor raises $4.8M in registered direct offering and warrant sale
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- Sold 4,196,370 shares at $1.15 per unit with warrants to purchase 4,196,370 shares at $2.00, 5-year term.
- Gross proceeds $4.8M; net proceeds ~$4.5M after expenses, for general working capital.
- Offering closed on February 2, 2024; common stock offered via shelf registration S-3 (File No. 333-273253).
- Warrants issued in private placement under Section 4(a)(2) and Regulation D, not registered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1879848/000110465924010174/0001104659-24-010174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1879848/000110465924010174/tm245100d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-010174

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