Pheton Holdings Ltd Signs Advisory Agreement
Ticker: ITOC · Form: 6-K · Filed: Sep 2, 2025 · CIK: 1970544
| Field | Detail |
|---|---|
| Company | Pheton Holdings Ltd (ITOC) |
| Form Type | 6-K |
| Filed Date | Sep 2, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.80 |
| Sentiment | neutral |
Sentiment: neutral
Topics: advisory-agreement, consulting
TL;DR
Pheton Holdings Ltd just signed an advisory deal with Comane International Group Ltd.
AI Summary
On August 28, 2025, Pheton Holdings Ltd entered into an Advisory Services Agreement with Comane International Group Ltd, a British Virgin Islands-based company controlled by a third party. This agreement outlines the terms under which Pheton Holdings Ltd will engage the Consultant for advisory services.
Why It Matters
This agreement signifies Pheton Holdings Ltd's engagement of external expertise, which could impact its strategic direction and operational efficiency.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of an advisory agreement and does not contain immediate financial or operational risks.
Key Players & Entities
- Pheton Holdings Ltd (company) — Registrant
- Comane International Group Ltd (company) — Consultant
- August 28, 2025 (date) — Agreement Date
FAQ
What is the effective date of the Advisory Services Agreement?
The Advisory Services Agreement was entered into on August 28, 2025.
Who is the consultant engaged by Pheton Holdings Ltd?
Pheton Holdings Ltd engaged Comane International Group Ltd as the consultant.
Where is Comane International Group Ltd organized?
Comane International Group Ltd is organized under the laws of the British Virgin Islands.
What type of services will Comane International Group Ltd provide?
Comane International Group Ltd will provide advisory services to Pheton Holdings Ltd.
Is Comane International Group Ltd controlled by a third party?
Yes, Comane International Group Ltd is controlled by a third-party.
Filing Stats: 857 words · 3 min read · ~3 pages · Grade level 20 · Accepted 2025-09-02 16:20:16
Key Financial Figures
- $0.80 — he Company, with an exercise price of US$0.80 per share and an expiration date of fiv
Filing Documents
- ea0255630-6k_pheton.htm (6-K) — 15KB
- 0001213900-25-083382.txt ( ) — 16KB
Forward Looking Statements
Forward Looking Statements Certain statements in this Report are not historical facts, including, without limitation, statements relating to the Agreement between the Company and Consultant, including the ability to carry out, and the timing and effectiveness of, the services contemplated by the Agreement, the issuance, exercisability and treatment of the Warrants, and the assumptions upon which those statements are based, are “forward-looking statements.” These forward-looking words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” “continues,” or similar expressions. Such statements are based upon the current beliefs and expectations of management of the Company. These statements are subject to risks, uncertainties, changes in circumstances, assumptions and other important factors, many of which are outside management’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Actual results may differ materially from current expectations because of numerous risks and uncertainties, including, among others: (1) the risk that the anticipated benefits of the Agreement may not be realized in a timely manner or at all; (2) the risk that the Consultant may not satisfactorily perform its obligations under the Agreement, resulting in the Warrants not becoming exercisable; (3) the risk of disputes or legal proceedings relating to the Agreement, which may result in significant costs of defense, indemnification, or liability; (4) the risk tha
forward-looking statements, except as required by law
forward-looking statements, except as required by law. 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Pheton Holdings Ltd Date: September 2, 2025 By: /s/ Jianfei Zhang Name: Jianfei Zhang Title: Chief Executive Officer and Chairman of the Board of Directors 2