---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-022681"
form_type: "8-K"
ticker: "EVTV"
cik: "0001563568"
company_name: "Envirotech Vehicles, Inc."
filed_at: "2026-07-06T12:00:13+00:00"
generated_at: "2026-07-06T12:05:24.181379+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Envirotech Vehicles closes acquisition of Azio AI; issues 2.46M shares, 973K preferred; new CEO appointed

## Summary
- Acquired Azio AI in a stock-for-stock merger; issued 2,460,351 shares of common and 973,450 shares of Series A non-voting convertible preferred as consideration.
- Each Series A preferred share convertible into 100 common shares upon stockholder approval; conversion capped at 19.9% of pre-merger common.
- Phillip Oldridge resigned as CEO and chairman; Chris Young appointed CEO and Class II director effective immediately.
- Simon Yu appointed President, Jason Maddox as CFO; other officers include David Shiue, Gary Chen, Jenny Yang.
- Company will seek stockholder approval for conversion of preferred, adoption of equity plan, and name change to Azio AI Holdings.

## SEC filing metadata
- accession: 0001437749-26-022681
- form_type: 8-K
- ticker: EVTV
- cik: 0001563568
- company_name: Envirotech Vehicles, Inc.
- filed_at: 2026-07-06T12:00:13+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.03, 2.01, 3.02, 3.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/0001437749-26-022681-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/adom20260706_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-022681
- JSON: https://secwatch.observer/filing/0001437749-26-022681.json
- Plain text: https://secwatch.observer/filing/0001437749-26-022681.txt

## Key facts
- Executive change
  Chris Young was appointed as Chief Executive Officer and Class II Director at Envirotech Vehicles, Inc..
  - Action: appointed
  - Role: Chief Executive Officer and Class II Director
  source text: the Board appointed Chris Young as Chief Executive Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/0001437749-26-022681-index.htm
- Executive change
  Jenny Yang was appointed as Chief Administrative Officer at Envirotech Vehicles, Inc..
  - Action: appointed
  - Role: Chief Administrative Officer
  source text: Jenny Yang as Chief Administrative Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/0001437749-26-022681-index.htm
- Executive change
  Gary Chen was appointed as Chief Product Officer at Envirotech Vehicles, Inc..
  - Action: appointed
  - Role: Chief Product Officer
  source text: Gary Chen as Chief Product Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/0001437749-26-022681-index.htm
- Executive change
  David Shiue was appointed as Chief Business Development Officer at Envirotech Vehicles, Inc..
  - Action: appointed
  - Role: Chief Business Development Officer
  source text: David Shiue as Chief Business Development Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/0001437749-26-022681-index.htm
- Executive change
  Phillip W. Oldridge resigned as Chief Executive Officer and Chairman at Envirotech Vehicles, Inc..
  - Action: resigned
  - Role: Chief Executive Officer and Chairman
  source text: In accordance with the Merger Agreement, effective upon the Closing, Phillip W. Oldridge resigned from his positions as Chairman and director of the Board and any respective committees thereto of which he was a member, and as Chief Executive Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/0001437749-26-022681-index.htm
- Executive change
  Simon Yu was appointed as President at Envirotech Vehicles, Inc..
  - Action: appointed
  - Role: President
  source text: Simon Yu as President of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/0001437749-26-022681-index.htm
- Executive change
  Jason Maddox was appointed as Chief Financial Officer at Envirotech Vehicles, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Jason Maddox as Chief Financial Officer of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1563568/000143774926022681/0001437749-26-022681-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.