{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-048888","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.068028+00:00","generated_at":"2026-06-03T19:36:26.201939+00:00","sec_items":["3.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Phoenix Motor receives Nasdaq deficiency letter for negative stockholders' equity","bullets":["Reported stockholders' equity of ($4,839,000) as of Dec 31, 2023, below Nasdaq's $2,500,000 minimum.","Must submit a plan by June 3, 2024; if accepted, Nasdaq may grant up to 180 days to regain compliance.","Common stock continues trading on The Nasdaq Capital Market under symbol PEV with no immediate effect.","No assurance that the plan will be accepted or that compliance can be achieved."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-048888","json":"https://secwatch.observer/filing/0001104659-24-048888.json","markdown":"https://secwatch.observer/filing/0001104659-24-048888.md","text":"https://secwatch.observer/filing/0001104659-24-048888.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924048888/0001104659-24-048888-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924048888/tm2412175d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T19:36:26.201939+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":"876bed2331f6918b68bab9c3f15e70447a9b3417","claim":"PHOENIX MOTOR INC. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).","evidence_excerpt":"April 17, 2024, Phoenix Motor Inc. (the “Company”) received a letter (the “Deficiency Letter”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the Company’s Form 10-K for the year ended December 31, 2023 (the “Form 10-K”), the Company was not in compliance with the requirement to maintain a minimum of $2,500,000 in stockholders’ equity. In the Form 10-K, the Company reported stockholders’ equity of ($4,839,000), which is below the minimum stockholders’ equity required for continued listing pursuant to Nasdaq Listing Rule 5550(b)(1). A","evidence_source":"SEC 8-K Item 3.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924048888/0001104659-24-048888-index.htm","confidence":0.9,"family_label":"Listing & Compliance Notices","details":[{"label":"Exchange","value":"nasdaq"},{"label":"Notice","value":"deficiency notice"},{"label":"Deficiency","value":"stockholders equity"},{"label":"Rules","value":"5550(b)(1)"}],"fact_type":"exchange_compliance_notice"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}