Chris Young
the Board appointed Chris Young as Chief Executive Officer of the Company
Highest-materiality recent filing
Azio AI (fka EVTV) completes name change, ticker to AZIO; signs $27.9M AI hosting deal
Name change to Azio AI Holdings, Inc. effective July 10, 2026; ticker changes to AZIO on July 13, 2026.
Merger with Azio AI closed July 2, 2026; consideration: 2,655,157 common shares and 973,450 convertible preferred shares for 100% of Azio AI.
Acquired Azio AI in a stock-for-stock merger; issued 2,460,351 shares of common and 973,450 shares of Series A non-voting convertible preferred as consideration.
Envirotech Vehicles reduces stockholder meeting quorum to one-third via bylaw amendment
Board approved amendment lowering quorum from majority to one-third of shares entitled to vote.
EVTV enters definitive merger with Azio AI; existing stockholders to hold ~11%
EVTV will issue 100M shares to Azio AI stockholders; existing EVTV holders expected ~11% post-close.
Envirotech Vehicles gets Nasdaq delisting notice for equity below $2.5M
Stockholders' equity fell below $2.5M as of Dec 31, 2025; fails Nasdaq Listing Rule 5550(b)(1).
Envirotech Vehicles enters $11M debenture financing with YA II PN; $4M funded, warrants issued
First closing of $4M principal debentures at 96% of par; gross proceeds ~$10.5M after $25k fee.
EVTV loses Nasdaq independence compliance, gets cure; regains annual meeting rule compliance
Director Melissa Barcellos resigned effective Feb 3, 2026, causing non-compliance with Nasdaq board independence and audit committee composition rules.
Envirotech Vehicles shareholders approve 890,000-share increase to 2017 equity plan
Shareholders approved amendment to 2017 Equity Incentive Plan: +890,000 shares, extension to 2036.
Envirotech Vehicles gets Nasdaq delisting notice for missing annual meeting; meeting adjourned again
Received Nasdaq notice on Jan 15, 2026 for non-compliance with Listing Rule 5620(a) due to missing annual meeting within 12 months of fiscal year end.
Stockholders' equity now exceeds $2.5M minimum for continued listing on Nasdaq (was $1.862M at Sep 30, 2025).
Envirotech Vehicles adjourns 2025 Annual Meeting to Jan 20, 2026 due to lack of quorum
Annual Meeting commenced Dec 30, 2025, adjourned same day for lack of quorum.
Director Melissa Barcellos to exit Envirotech Vehicles Board after 2025 Annual Meeting
Melissa Barcellos, Class II director since March 2021, will not stand for re-election at the 2025 Annual Meeting.
Envirotech Vehicles extends Maddox Industries earnout period to June 17, 2026
Amendment extends Earnout Period for Maddox Acquisition to June 17, 2026 from original six-month period post-December 2024 close.
Envirotech Vehicles appoints Jason Maddox as Class II director
Appointed effective August 6, 2025; term runs until 2025 annual meeting.
Envirotech Vehicles announces 1-for-10 reverse stock split effective Aug 6, 2025
Reverse stock split ratio set at 1-for-10; effective 5:00 p.m. ET on August 6, 2025.
Envirotech Vehicles stockholders approve reverse stock split and share issuance to YA II PN
Reverse stock split authorized at ratio 1:5 to 1:10, board to set final ratio.
Envirotech Vehicles receives Nasdaq delisting notice for bid price below $1
Nasdaq notified EVTV on March 6, 2025 that its stock bid price was below $1 for 30 consecutive business days.
Envirotech Vehicles enters $5M convertible note financing; Note EVTV-1 maturity extended to 2026
Entered supplemental agreement for $5M additional prepaid advance under SEPA; first tranche $3M advanced (net ~$2.7M) on Feb 25, 2025.
CFO Miller resigns effective immediately; President Maddox appointed Interim CFO
CFO William C. Miller resigned effective immediately on January 20, 2025.
EVTV CFO Franklin Lim resigns; William C. Miller appointed CFO effective Jan 1, 2025
Franklin Lim resigns as CFO effective Dec 31, 2024 due to health reasons; will provide consulting services.
Envirotech Vehicles completes acquisition of Maddox Industries for 3.1M shares
Acquisition closed December 18, 2024; all membership interests in Maddox Industries purchased.
Brock Pierce resigns from Envirotech Vehicles board; shareholders elect two directors
Director Brock Pierce resigned effective December 11, 2024, with no disagreement with the company.
$2M of $3M pre-paid advance disbursed Oct 31, 2024; remaining $1M after registration effective.
Envirotech Vehicles acquires Maddox Industries for 3.1M shares plus up to $1M earnout
Acquisition of all membership interests of Maddox Industries, a Puerto Rico-based government contracting firm.
Envirotech Vehicles appoints President and COO; Secretary resigns
Jason Maddox appointed President as of Oct 16, 2024; previously CEO of Maddox Defense.
EVP and Corporate Secretary Susan M. Emry resigns effective October 15, 2024
Susan M. Emry notified the company of her resignation as EVP and Corporate Secretary.
Envirotech Vehicles signs $25M standby equity purchase agreement with YA II PN
Company may sell up to $25M in common stock (EVTV) at 96% or 97% of market price over 36 months.
Envirotech Vehicles sells 451,806 shares at $1.66, raising $750K in private placement
Gross proceeds of $750,000 from private placement to three investors.
Envirotech Vehicles appoints crypto entrepreneur Brock Pierce to board
Brock Pierce appointed as Class II director effective August 28, 2024, term expiring at 2025 annual meeting.
Envirotech Vehicles Q1 2024: Revenue up 55% to $810K; net loss widens to $4.5M ($0.29/share)
Revenue $810,490, up ~55% YoY from $523,199.
Envirotech Vehicles raises $773,748 in private placements, issues 505,051 shares on conversion
Six private placements from Feb to May 2024 raised $773,748.62 at $2.00-$2.25 per share.
Envirotech Vehicles announces CFO departure and appointment of Franklin Lim
Douglas M. Campoli ceased as CFO effective Feb 23, 2024, by mutual agreement.
Envirotech Vehicles sells 150,000 shares at $1.17 in private placement for $175,500
Sold 150,000 shares of common stock to a private investor on January 25, 2024 at $1.17 per share.
Envirotech Vehicles raises $1M via convertible note with 800K warrants
Issued $1M convertible promissory note to investor Gerald Douglas Conrod in private placement.
Envirotech Vehicles stockholders elect Oldridge, ratify auditor at annual meeting
Phillip W. Oldridge elected Class III director with 5,723,070 votes for, 640,994 withheld and 2,295,073 broker non-votes.
Envirotech Vehicles auditor MaloneBailey resigns; Barton CPA appointed
MaloneBailey resigned Aug 8, 2023; did not complete FY2022 audit due to company's late 10-K filing.
Envirotech Vehicles receives Nasdaq delisting notice for late 10-K; appoints new CFO
Nasdaq notified Envirotech on Apr 20, 2023, of non-compliance with Listing Rule 5250(c)(1) for failing to timely file Form 10-K for year ended Dec 31, 2022.
Envirotech Vehicles to restate 2022 Q1-Q3 statements due to revenue recognition errors
Revenue was incorrectly recognized upon government incentive approval instead of vehicle delivery, overstating sales and gross profit.
CFO Christian Rodich resigns; Susan Emery named interim CFO at Envirotech Vehicles
Christian S. Rodich resigns as CFO, effective February 24, 2023.
Director Bradley J. Dixon resigns from Envirotech Vehicles board
Bradley J. Dixon resigned as director effective January 27, 2023.
Envirotech Vehicles reports first-ever quarterly profit; revenue up 448% YoY to $3.88M
Net income of $126,749 ($0.01/share) vs. net loss of $850,475 ($0.06) in Q3 2021.
Envirotech Vehicles Q2 2022 revenue surges 1,009% to $2.1M; net loss widens slightly
Sales of $2,087,700 in Q2 2022 vs $188,266 a year ago; delivered 21 vehicles vs 2 in prior year.
Envirotech Vehicles stockholders elect Barcellos and Dixon as Class II Directors, ratify auditor
Melissa Barcellos elected with 129,784,367 votes for, 1,709,253 withheld, 48,995,981 broker non-votes.
Envirotech Vehicles completes 1-for-20 reverse stock split effective June 24, 2022
Board approved reverse split ratio of 1-for-20 on June 6, 2022; Certificate of Amendment filed with Delaware on June 24, 2022.
Envirotech Vehicles Q1 sales up 135% to $1.1M; net loss widens to $2.5M
Revenue $1,108,500 (vs $470,793) on 12 vehicle sales (vs 5); net loss $2,527,397 vs $658,510.
Envirotech Vehicles appoints Christian S. Rodich as CFO
Christian S. Rodich named CFO effective Feb 3, 2022; replaces Michael Menerey who served as acting CFO after retirement.
Envirotech Vehicles enters CEO/EVP employment agreements; CFO Menerey resigns
CEO Phillip Oldridge gets $300k base salary, $1.5k monthly auto allowance, 5% of net income bonus.
Envirotech Vehicles promotes Susan M. Emry to Executive Vice President
Susan M. Emry promoted from Controller to Executive Vice President, effective December 1, 2021.
Elected Terri White Elk as Class III director with 184.2M votes for, 4.5M withheld; 36.8M broker non-votes.
the Board appointed Chris Young as Chief Executive Officer of the Company
Jenny Yang as Chief Administrative Officer of the Company
Gary Chen as Chief Product Officer
David Shiue as Chief Business Development Officer of the Company
In accordance with the Merger Agreement, effective upon the Closing, Phillip W. Oldridge resigned from his positions as Chairman and director of the Board and any respective committees thereto of which he was a member, and as Chief Executive Officer of the Company.
Simon Yu as President of the Company
Jason Maddox as Chief Financial Officer of the Company
On January 21, 2025, the Company’s Board of Directors approved the appointment of Jason Maddox, the Company’s President, as Interim Chief Financial Officer of the Company, effective immediately.
On January 20, 2025, William C. Miller provided notice to Envirotech Vehicles, Inc., a Delaware corporation (the “Company”), of his intention to resign as the Company’s Chief Financial Officer, effective immediately.
On October 16, 2024, Envirotech Vehicles, Inc., a Delaware corporation (the “Company”), announced the appointments of Jason Maddox as President of the Company and Elgin Tracy as Chief Operating Officer of the Company.
On October 16, 2024, Envirotech Vehicles, Inc., a Delaware corporation (the “Company”), announced the appointments of Jason Maddox as President of the Company and Elgin Tracy as Chief Operating Officer of the Company.
On October 9, 2024, Susan M. Emry notified Envirotech Vehicles, Inc., a Delaware corporation (the “Company”), of her intention to resign as Executive Vice President and Corporate Secretary of the Company effective October 15, 2024 to explore other opportunities.
Max materiality 0.95 · Median 0.60 · Most common event other_material