{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-000088","form_type":"8-K","ticker":"PEVM","cik":"0001879848","company_name":"PHOENIX MOTOR INC.","filed_at":"2025-03-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.460972+00:00","generated_at":"2026-05-24T09:13:24.906974+00:00","sec_items":["1.01","2.03","3.02","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Phoenix Motor secures $6M loan from J.J. Astor & Co. for production expansion","bullets":["Loan up to $6M in two tranches ($4M initial, $2M optional) via senior secured convertible notes.","Proceeds used to repay ~$1.22M senior debt and fund working capital; notes mature March 2026.","Conversion price at 85% of lower of prior close or avg of 4 lowest VWAP over 20 days.","Notes require registration filing within 90 days; subsidiaries guarantee and pledge assets.","CEO Denton Peng says financing enables production ramp-up to fulfill electric bus orders."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-000088","json":"https://secwatch.observer/filing/0001641172-25-000088.json","markdown":"https://secwatch.observer/filing/0001641172-25-000088.md","text":"https://secwatch.observer/filing/0001641172-25-000088.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1879848/000164117225000088/0001641172-25-000088-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1879848/000164117225000088/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T09:13:24.906974+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}