PHOENIX MOTOR INC. (PEVM): Nasdaq/NYSE listing notice — Phoenix Motor receives Nasdaq delinquency notice for failure to file 10-K; stock already suspended

PHOENIX MOTOR INC.

Received April 30, 2025 notice of non-compliance with Listing Rule 5250(c)(1) due to failure to file Form 10-K for 2024.
This is an additional delisting basis; prior April 8, 2025 determination for bid price and annual meeting non-compliance.
Nasdaq trading suspended since April 15, 2025; stock now quoted on OTC Pink under symbol PEVM.
Company requested and was granted a hearing before the Nasdaq Hearings Panel; no assurance of reinstatement.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

PHOENIX MOTOR INC. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: late filing
Rules: 5250(c)(1)

Exact text from the filing

April 30, 2025, Phoenix Motor Inc. (the “Company”) received a notice (the “Notice”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is no longer in compliance with Listing Rule 5250(c)(1) due to its failure to file its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”). This matter serves as an additional basis for delisting the Company’s securities from Nasdaq. As previously disclosed, on April 8, 2025, the Company received a determination letter from the Staff (the “Staff Dete

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Source: SEC EDGAR

accession 0001641172-25-008334

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