Phoenix Motor shareholders approve reverse stock split up to 1-for-10 for Nasdaq listing

PHOENIX MOTOR INC.

Approved reverse stock split of Common Stock at ratio up to 1-for-10, to meet Nasdaq minimum bid price requirements (8,581,930 for, 2,060,138 against).
Reduced quorum requirement for shareholder meetings to one-third of shares entitled to vote (7,424,659 for, 1,342,387 against).
Elected all five director nominees: Xiaofeng Denton Peng, HoongKhoeng Cheong, Julia Yu, Yongmei Huang, James Young.
Ratified appointment of Summit Group CPAs as independent auditor for fiscal year ending December 31, 2025 (9,418,136 for).

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.