{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-053016","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2024-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.068225+00:00","generated_at":"2026-06-03T06:44:14.942649+00:00","sec_items":["1.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Phoenix Motor enters waiver with investor, waives $12M note purchase right; reserves 29.7M shares for conversion","bullets":["Investor JAK Opportunities II LLC waives right to require Phoenix to sell $12M of secured convertible notes under Nov 2023 SPA.","Phoenix reserves 29,690,000 shares for conversion of June 2023 convertible note and warrants.","Waiver effective April 5, 2024; no change to existing note terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-053016","json":"https://secwatch.observer/filing/0001104659-24-053016.json","markdown":"https://secwatch.observer/filing/0001104659-24-053016.md","text":"https://secwatch.observer/filing/0001104659-24-053016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924053016/0001104659-24-053016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924053016/tm2412829d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T06:44:14.942649+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":"2b0b6289c88d2250eed7a42ed01f25025c630ec8","claim":"PHOENIX MOTOR INC. entered into Waiver with JAK Opportunities II LLC (effective 2024-04-05).","evidence_excerpt":"As of April 5, 2024, Phoenix Motor Inc., a Delaware corporation (the “Company”), entered into a waiver letter (the “Waiver”) by and between the Company and JAK Opportunities II LLC (the “Investor”), pursuant to which the Investor waived its right to require the Company to sell $12 million of principal amount of the Company’s secured senior convertible promissory note to the Investor pursuant to the Securities Purchase Agreement, dated as of November 10, 2023, with the Investor.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1879848/000110465924053016/0001104659-24-053016-index.htm","confidence":0.7,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"JAK Opportunities II LLC"},{"label":"Effective","value":"2024-04-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}