---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-015929"
form_type: "8-K"
ticker: "PEVM"
cik: "0001879848"
company_name: "PHOENIX MOTOR INC."
filed_at: "2025-06-20T23:59:59+00:00"
generated_at: "2026-05-19T01:55:38.651134+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nasdaq Panel denies Phoenix Motor's appeal; delisting from Nasdaq confirmed

## Summary
- Nasdaq Hearings Panel denied company's request to continue listing; stock remains delisted.
- Trading suspended on Nasdaq since April 15, 2025; now quoted on OTC Pink under PEVM.
- Company has 15 days to request review by Nasdaq Listing and Hearing Review Council.
- Delisting likely to adversely affect trading liquidity and stock price.

## SEC filing metadata
- accession: 0001641172-25-015929
- form_type: 8-K
- ticker: PEVM
- cik: 0001879848
- company_name: PHOENIX MOTOR INC.
- filed_at: 2025-06-20T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879848/000164117225015929/0001641172-25-015929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879848/000164117225015929/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-015929
- JSON: https://secwatch.observer/filing/0001641172-25-015929.json
- Plain text: https://secwatch.observer/filing/0001641172-25-015929.txt

## Key facts
- Listing & Compliance Notices
  PHOENIX MOTOR INC. received a nasdaq delisting notice notice regarding other (rules 5250(c)(1), 5550(a)(2), 5620(a)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Rules: 5250(c)(1), 5550(a)(2), 5620(a)
  source text: on April 10, 2025 and May 2, 2025, on April 8, 2025 and April 30, 2025, the Company received notices from the Nasdaq Listing Qualifications Department (the “Staff”) stating that the Staff had determined to delist the Company’s securities due to the Company’s non-compliance with Nasdaq Listing Rules 5250(c)(1), 5550(a)(2) and Rule 5620(a), the periodic filing, bid price and shareholder meeting rules, respectively. Trading of the Company’s common stock on Nasdaq was suspended on April 15, 2025. The Company subsequently appealed the Staff’s determination to the Panel at an oral hearing on May 20
  evidence_url: https://www.sec.gov/Archives/edgar/data/1879848/000164117225015929/0001641172-25-015929-index.htm

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