---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-022279"
form_type: "8-K"
ticker: "PEVM"
cik: "0001879848"
company_name: "PHOENIX MOTOR INC."
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T21:03:15.929830+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Phoenix Motor raises ~$606k via private placement at $0.30/sh; CEO entity invests $480k

## Summary
- Sold 2.02M shares and warrants to purchase 2.02M shares at $0.30, gross proceeds ~$606k.
- CEO's entity Palo Alto Clean Tech invested $480k for 1.6M shares and warrants for 1.6M shares.
- Warrants exercisable for 2 years, cashless if resale registration not effective.
- Proceeds to fund working capital and general corporate purposes.
- Stock trading on OTC Pink (PEVMD) after Nasdaq suspension on April 15, 2025.

## SEC filing metadata
- accession: 0001641172-25-022279
- form_type: 8-K
- ticker: PEVM
- cik: 0001879848
- company_name: PHOENIX MOTOR INC.
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1879848/000164117225022279/0001641172-25-022279-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1879848/000164117225022279/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-022279
- JSON: https://secwatch.observer/filing/0001641172-25-022279.json
- Plain text: https://secwatch.observer/filing/0001641172-25-022279.txt

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