Phoenix Motor implements 1-for-5 reverse stock split effective July 31, 2025

PHOENIX MOTOR INC.

Reverse split ratio 1-for-5, effective 4:01 PM ET July 31, 2025; trading on split-adjusted basis on OTC Pink (PEVM) Aug 1, 2025.
Shares outstanding will decrease from approx. 49.5M to approx. 9.9M; par value unchanged at $0.0004.
No fractional shares issued; holders with paper certificates may exchange via transfer agent VStock Transfer.
New CUSIP number 71910P 302; stockholder percentage ownership unchanged except for fractional share rounding.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

PHOENIX MOTOR INC.: Filed amendment to Certificate of Incorporation to effect a 1-for-5 reverse stock split (effective 2025-07-31).

Change: charter amendment
Effective: 2025-07-31

Exact text from the filing

On July 29, 2025, Phoenix Motor Inc., a Delaware corporation (the “Company”), filed an amendment to its Certificate of Incorporation (the “Amendment”) with the Secretary of State of the State of Delaware to effect a 1-for-5 reverse stock split (the “Reverse Stock Split”) of the Company’s common stock, par value $0.0004 per share (the “Common Stock”).

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PHOENIX MOTOR INC. filing history →

Source: SEC EDGAR

accession 0001641172-25-021725

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