---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-040972"
form_type: "8-K"
ticker: "PEVM"
cik: "0001879848"
company_name: "PHOENIX MOTOR INC."
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T14:44:19.755146+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Phoenix Motor gets Nasdaq extension to April 7, 2025 for minimum bid price compliance

## Summary
- Nasdaq granted Phoenix Motor until April 7, 2025 to regain compliance with $1 minimum bid price requirement.
- Company failed to meet the original deadline of October 9, 2024; second 180-day compliance period approved.
- Phoenix Motor intends to cure deficiency via reverse stock split if necessary; split must be completed 10 days before deadline.
- Failure to comply by April 7, 2025 will trigger delisting; Company may appeal to a Nasdaq Hearings Panel.
- Common stock (PEV) continues trading on Nasdaq Capital Market during the extension period.

## SEC filing metadata
- accession: 0001493152-24-040972
- form_type: 8-K
- ticker: PEVM
- cik: 0001879848
- company_name: PHOENIX MOTOR INC.
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879848/000149315224040972/0001493152-24-040972-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879848/000149315224040972/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-040972
- JSON: https://secwatch.observer/filing/0001493152-24-040972.json
- Plain text: https://secwatch.observer/filing/0001493152-24-040972.txt

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