Recent 8-K filings for PEVM

• June 5, 2026, 4:15 PM ET debt materiality 0.75 neutral item 1.01item 1.02item 2.03item 3.02item 9.01 ◈ Material Agreements ×5◈ Debt Financings

  Phoenix Motor secures $4M term loan (face $5M) from Concrete Jungle; settles J.J. Astor dispute

  Term loan of $4M (face $5M note) at 10% interest, matures May 31, 2027; secured by substantially all assets.

• February 20, 2026, 6:59 PM ET leadership materiality 0.30 neutral item 5.02

  Independent director Julia Yu resigns from Phoenix Motor board

  Julia Yu resigned effective Feb 16, 2026, as independent director of Phoenix Motor.

• February 11, 2026, 6:59 PM ET other material materiality 0.90 neutral item 3.03item 5.03item 9.01 ◈ Governance Changes

  Phoenix Motor Inc. announces 1-for-10 reverse stock split effective February 13, 2026

  Stockholders approved reverse split at up to 1-for-10 on December 23, 2025.

• February 9, 2026, 6:59 PM ET leadership materiality 0.60 neutral item 5.02

  Phoenix Motor Inc. President John Walsh resigns effective Feb 6, 2026

  John Walsh resigned as President effective February 6, 2026; no disagreement with company operations.

• December 23, 2025, 6:59 PM ET other material materiality 0.75 neutral item 5.07

  Phoenix Motor shareholders approve reverse stock split up to 1-for-10 for Nasdaq listing

  Approved reverse stock split of Common Stock at ratio up to 1-for-10, to meet Nasdaq minimum bid price requirements (8,581,930 for, 2,060,138 against).

• November 19, 2025, 6:59 PM ET other materiality 0.30 neutral item 5.03item 9.01 ◈ Governance Changes

  Phoenix Motor reduces quorum requirement for stockholder meetings from majority to 33 1/3%

  Board approved bylaw amendment lowering quorum from majority to one-third of outstanding shares entitled to vote.

• September 5, 2025, 7:59 PM ET leadership materiality 0.65 neutral item 5.02

  Phoenix Motor appoints Tony Shen as CFO effective September 2, 2025

  Tony Shen, 58, appointed CFO effective September 2, 2025; brings 15+ years CFO experience at U.S.-listed and pre-IPO firms.

• August 14, 2025, 7:59 PM ET leadership materiality 0.55 neutral item 5.02

  Phoenix Motor appoints John Walsh as President and PhoenixEV CEO

  Walsh, 59, brings over 35 years of transit and e-mobility leadership experience.

• August 5, 2025, 7:59 PM ET leadership materiality 0.55 negative item 5.02

  Phoenix Motor Inc. CFO Michael Yung resigns; CEO Denton Peng assumes interim CFO role

  CFO Michael Yung resigned effective August 2, 2025, for personal reasons, with no disagreements.

• August 5, 2025, 7:59 PM ET other material materiality 0.60 negative item 1.01item 3.02item 9.01

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

  Sold 2.02M shares and warrants to purchase 2.02M shares at $0.30, gross proceeds ~$606k.

• July 31, 2025, 7:59 PM ET other material materiality 0.50 neutral item 3.03item 5.03item 9.01 ◈ Governance Changes

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

  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.

• June 30, 2025, 7:59 PM ET other material materiality 0.60 positive item 1.01item 9.01

  Phoenix Motor enters cooperation to set up China subsidiary with licensed EV platforms

  Wholly-owned Project Company in Mengzhou, China; registered capital RMB 20M, contributed in stages.

• June 20, 2025, 7:59 PM ET regulatory materiality 0.85 negative item 3.01 ◈ Listing & Compliance Notices

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

  Nasdaq Hearings Panel denied company's request to continue listing; stock remains delisted.

• May 2, 2025, 7:59 PM ET regulatory materiality 0.80 negative item 3.01item 9.01

  Phoenix Motor receives Nasdaq delinquency notice for failure to file 10-K; stock already suspended

  Received April 30, 2025 notice of non-compliance with Listing Rule 5250(c)(1) due to failure to file Form 10-K for 2024.

• April 22, 2025, 7:59 PM ET other material materiality 0.60 neutral item 5.07

  Phoenix Motor shareholders approve reverse stock split authorization and increased share reserve for equity plan

  All five director nominees elected with over 23.2M votes for each.

• April 10, 2025, 7:59 PM ET other material materiality 0.90 negative item 3.01item 9.01

  Phoenix Motor receives Nasdaq delisting notice for bid price non-compliance; trading suspended April 15

  Received Nasdaq delisting notice on April 8, 2025 due to minimum bid price non-compliance.

• April 3, 2025, 7:59 PM ET debt materiality 0.30 neutral item 1.01item 9.01

  Phoenix Motor amends loan agreement with J.J. Astor to correct conversion price error upon default

  Amendment dated April 2, 2025 to Loan Agreement with J.J. Astor & Co. (March 14, 2025).

• March 25, 2025, 7:59 PM ET other material materiality 0.40 positive item 8.01item 9.01

  Phoenix Motor (PEV) board approves $5M share repurchase program

  Board authorized up to $5 million in common stock repurchases.

• March 21, 2025, 7:59 PM ET other materiality 0.20 neutral item 8.01item 9.01

  Phoenix Motor postpones Annual Stockholders Meeting scheduled for March 21, 2025

  Meeting originally set for 11:00 AM PT on March 21, 2025, has been postponed to a future date to be announced.

• March 21, 2025, 7:59 PM ET debt materiality 0.55 positive item 1.01item 2.03item 3.02item 8.01item 9.01

  Phoenix Motor secures $6M loan from J.J. Astor & Co. for production expansion

  Loan up to $6M in two tranches ($4M initial, $2M optional) via senior secured convertible notes.

• March 14, 2025, 7:59 PM ET other material materiality 0.75 negative item 4.01item 9.01

  Phoenix Motor dismisses auditor Marcum Asia, cites material weaknesses; engages Yu CPA

  Dismissed Marcum Asia CPAs LLP as auditor effective March 7, 2025; Audit Committee approved March 13, 2025.

• February 10, 2025, 6:59 PM ET other material materiality 0.85 negative item 4.02

  Phoenix Motor restates Q1 and Q2 2024 financials due to warrant accounting errors

  Audit committee concluded Q1 and Q2 2024 financials should no longer be relied upon due to misstatements.

• January 14, 2025, 6:59 PM ET regulatory materiality 0.70 negative item 3.01 ◈ Listing & Compliance Notices

  Phoenix Motor receives Nasdaq delisting notice for missing annual shareholder meeting deadline

  Received Nasdaq letter on Jan 10, 2025 for failing to hold annual meeting within 12 months of fiscal year end (Rule 5620(a)).

• November 21, 2024, 6:59 PM ET regulatory materiality 0.65 negative item 3.01item 9.01

  Phoenix Motor receives Nasdaq delinquency notice for late Q3 10-Q filing

  Received Nasdaq deficiency letter on Nov. 20, 2024 for failing to timely file Q3 2024 Form 10-Q.

• October 15, 2024, 7:59 PM ET regulatory materiality 0.65 negative item 3.01

  Phoenix Motor gets Nasdaq extension to April 7, 2025 for minimum bid price compliance

  Nasdaq granted Phoenix Motor until April 7, 2025 to regain compliance with $1 minimum bid price requirement.

• October 10, 2024, 7:59 PM ET regulatory materiality 0.70 negative item 3.01

  Phoenix Motor fails Nasdaq bid price rule; equity compliance regained

  As of Oct 9, 2024, company remains non-compliant with Nasdaq's $1 minimum bid price requirement.

• October 1, 2024, 7:59 PM ET other material materiality 0.85 negative item 4.02item 9.01

  Phoenix Motor says Proterra acquisition financial statements filed April 10 are unreliable

  On April 30, 2024, management and audit committee determined Exhibits 99.1 and 99.2 from prior 8-K/A cannot be relied upon.

• August 21, 2024, 7:59 PM ET regulatory materiality 0.70 negative item 3.01item 9.01

  Phoenix Motor receives second Nasdaq delinquency notice over late Q2 2024 10-Q

  Received Nasdaq delinquency letter on Aug 16, 2024 for failing to file Q2 2024 Form 10-Q on time.

• May 29, 2024, 7:59 PM ET regulatory materiality 0.55 negative item 3.01item 9.01

  Phoenix Motor receives Nasdaq delinquency notice for late Q1 10-Q filing

  Nasdaq letter dated May 22, 2024 cites non-compliance with Listing Rule 5250(c)(1) for missing Q1 2024 10-Q deadline.

• May 21, 2024, 7:59 PM ET other material materiality 0.75 negative item 8.01

  Phoenix Motor disavows unauthorized 8-K by former CFO; confirms board changes and CEO Peng

  Majority stockholders removed directors Perkowski, Stivers, Van, Chen, Li on May 16, 2024.

• May 20, 2024, 7:59 PM ET leadership materiality 0.85 negative item 8.01

  Phoenix Motor suspends CEO Peng over unauthorized $14.98M guarantee to SPI Energy

  Board formed special committee to investigate CEO Xiaofeng Denton Peng for breach of fiduciary duty.

• May 20, 2024, 7:59 PM ET leadership materiality 0.75 neutral item 5.02 ◈ executive_change ×8

  Phoenix Motor board overhaul: five directors removed, three elected by stockholders

  Holders of majority voting stock removed John F. Perkowski, Steven E. Stivers, Sam Van, Kristine Chen, and Steven Li from board.

• May 1, 2024, 7:59 PM ET leadership materiality 0.40 neutral item 5.02 ◈ executive_change ×2

  Phoenix Motor expands board to seven, elects Chen and Li as directors

  Board size increased from 5 to 7; Kristine Chen and Steven Li elected as directors effective April 28, 2024.

• April 26, 2024, 7:59 PM ET debt materiality 0.55 neutral item 1.01 ◈ Material Agreements

  Phoenix Motor enters waiver with investor, waives $12M note purchase right; reserves 29.7M shares for conversion

  Investor JAK Opportunities II LLC waives right to require Phoenix to sell $12M of secured convertible notes under Nov 2023 SPA.

• April 18, 2024, 7:59 PM ET leadership materiality 0.50 neutral item 5.02 ◈ executive_change

  Phoenix Motor appoints Michael Yung as CFO effective April 17, 2024

  Michael Yung, age 59, appointed Chief Financial Officer, effective immediately.

• April 18, 2024, 7:59 PM ET regulatory materiality 0.70 negative item 3.01 ◈ Listing & Compliance Notices

  Phoenix Motor receives Nasdaq deficiency letter for negative stockholders' equity

  Reported stockholders' equity of ($4,839,000) as of Dec 31, 2023, below Nasdaq's $2,500,000 minimum.

• April 17, 2024, 7:59 PM ET leadership materiality 0.65 neutral item 5.02 ◈ executive_change

  Phoenix Motor amends prior 8-K: Lewis Liu appointed COO, not CFO

  Prior 8-K incorrectly identified Lewis Liu as CFO; corrected to Chief Operating Officer.

• April 16, 2024, 7:59 PM ET regulatory materiality 0.70 negative item 3.01 ◈ Listing & Compliance Notices

  Phoenix Motor receives Nasdaq deficiency notice for bid price below $1; 180-day cure period until Oct 9

  On April 12, 2024, Phoenix Motor received a Nasdaq Deficiency Letter for non-compliance with Minimum Bid Price Requirement (closing bid price below $1 for 30 consecutive business days).

• April 16, 2024, 7:59 PM ET leadership materiality 0.45 neutral item 5.02 ◈ executive_change

  Phoenix Motor appoints Lewis W. Liu as CFO effective immediately

  Lewis W. Liu appointed CFO, effective April 11, 2024; previously SVP of Operations and SVP of Vehicle Program & Business Development since July 2022.

• April 10, 2024, 7:59 PM ET M&A materiality 0.70 negative item 9.01

  Phoenix Motor acquisition of Proterra Transit shows $54.95M net loss in 2023

  Net loss of $54.95M on revenue of $115.78M in 2023; prior year net loss of $75.05M on revenue of $191.09M.

• April 8, 2024, 7:59 PM ET leadership materiality 0.60 neutral item 5.02 ◈ executive_change ×2

  Phoenix Motor CFO J. Mark Hastings resigns; CEO Denton Peng assumes interim duties

  CFO J. Mark Hastings resigned effective April 10, 2024, for personal reasons; no disagreements with the company.

• March 13, 2024, 7:59 PM ET leadership materiality 0.50 neutral item 5.02 ◈ executive_change ×2

  Phoenix Motor appoints J. Mark Hastings as CFO; Chris Wang resigns for personal reasons

  Chris Wang resigned as CFO effective March 8, 2024, for personal reasons; no disagreements with company.

• February 15, 2024, 6:59 PM ET other material materiality 0.30 neutral item 9.01

  Phoenix Motor amends 8-K to correct warrant exercise price and expiration date

  Original Jan 31, 2024 warrant filing had incorrect expiration date and exercise price.

• February 12, 2024, 6:59 PM ET other material materiality 0.50 neutral item 1.01item 3.02item 8.01item 9.01 ◈ Material Agreements

  Phoenix Motor prices $1.6M registered direct offering of common stock and warrants

  Sold 1,415,929 shares of common stock and warrants for 1,415,929 shares at $1.13 per unit.

• February 2, 2024, 6:59 PM ET other material materiality 0.60 neutral item 1.01item 3.02item 8.01item 9.01 ◈ Material Agreements

  Phoenix Motor raises $4.8M in registered direct offering and warrant sale

  Sold 4,196,370 shares at $1.15 per unit with warrants to purchase 4,196,370 shares at $2.00, 5-year term.

• January 31, 2024, 6:59 PM ET other material materiality 0.60 neutral item 1.01item 3.02item 9.01 ◈ Material Agreements

  Phoenix Motor raises ~$678k via private placement of 600k shares and warrants

  Issued 600,000 shares at $1.13/share and warrants for 600,000 shares exercisable at $1.13 for one year.

• January 17, 2024, 6:59 PM ET M&A materiality 0.85 positive item 1.01item 2.01item 3.02item 7.01item 9.01 ◈ M&A Transactions

  Phoenix Motor closes $3.5M Proterra Transit acquisition and raises $4M in PIPE

  Entered securities purchase agreements for 3,478,260 shares at $1.15 and warrants for up to 13,913,043 shares at $2.00, raising ~$4M gross.

Executive changes

Materiality & sentiment trend

Max materiality 0.90 · Median 0.60 · Most common event other_material

4 positive 19 negative 24 neutral

source · PEVM on sec.gov