Phoenix Motor Inc. Amends 8-K Filing

Ticker: PEVM · Form: 8-K/A · Filed: Apr 10, 2024 · CIK: 1879848

Phoenix Motor Inc. 8-K/A Filing Summary
FieldDetail
CompanyPhoenix Motor Inc. (PEVM)
Form Type8-K/A
Filed DateApr 10, 2024
Risk Levellow
Pages2
Reading Time3 min
Key Dollar Amounts$0.0004
Sentimentneutral

Sentiment: neutral

Topics: amendment, financial-statements, exhibits

TL;DR

Phoenix Motor Inc. filed an amendment to its 8-K, updating financial statements and exhibits from January 11, 2024.

AI Summary

Phoenix Motor Inc. filed an amendment (8-K/A) on April 10, 2024, to its report originally filed on January 11, 2024. This amendment pertains to financial statements and exhibits, with the earliest event reported being January 11, 2024. The company is incorporated in Delaware and its principal executive offices are located in Anaheim, California.

Why It Matters

This filing is an amendment to a previous report, indicating that Phoenix Motor Inc. is correcting or adding information to its initial disclosures, which could be important for investors to review.

Risk Assessment

Risk Level: low — This is a routine amendment to a previous filing, primarily concerning financial statements and exhibits, and does not appear to introduce new material risks.

Key Players & Entities

  • Phoenix Motor Inc. (company) — Registrant
  • Delaware (jurisdiction) — State of incorporation
  • Anaheim, CA (location) — Address of Principal Executive Offices
  • January 11, 2024 (date) — Date of earliest event reported
  • April 10, 2024 (date) — Filing date of the amendment

FAQ

What is the purpose of this 8-K/A filing?

This 8-K/A filing is an amendment to a previously filed Form 8-K, specifically to update financial statements and exhibits related to an event reported on January 11, 2024.

When was the original event reported that this amendment relates to?

The earliest event reported that this amendment relates to occurred on January 11, 2024.

What type of company is Phoenix Motor Inc. based on its SIC code?

Phoenix Motor Inc. is classified under Standard Industrial Classification code 3713, which pertains to Truck & Bus Bodies.

Where are Phoenix Motor Inc.'s principal executive offices located?

Phoenix Motor Inc.'s principal executive offices are located at 1500 Lakeview Loop, Anaheim, CA 92807.

What is the filing date of this amendment?

This amendment (Form 8-K/A) was filed on April 10, 2024.

Filing Stats: 733 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2024-04-09 18:05:44

Key Financial Figures

  • $0.0004 — ch registered Common Stock, par value $0.0004 per share PEV NASDAQ Capital Market

Filing Documents

Financial Statements and Exhibits

Financial Statements and Exhibits (a) Financial Statements of Business Acquired . The audited financial statements of the Proterra Transit Business Unit for the years ended December 31, 2023 and December 31, 2022 are filed herewith as Exhibit 99.1 to this Current Report on Form 8-K/A and are incorporated by reference into this Item 9.01(a). (b) Pro Forma Financial Information . The unaudited pro forma consolidated financial information of the Company (giving effect to the Acquisition) as of December 31, 2023 and for the years ended December 31, 2023 and December 31, 2022 (the "Unaudited Pro Forma Financial Information"), is filed as Exhibit 99.2 to this Current Report on Form 8-K/A and is incorporated herein by reference. The Unaudited Pro Forma Financial Information is presented for illustrative purposes only and is not intended to represent or be indicative of the Company's consolidated results of operations or financial position that would have been reported had the Acquisition been completed as of the dates presented in the Unaudited Pro Forma Financial Information. The Unaudited Pro Forma Financial Information should not be taken as a representation of the Company's future consolidated results of operations or financial condition. The pro forma adjustments in the Unaudited Pro Forma Financial Information are based on available information and certain assumptions that management believes are reasonable under the circumstances. (d) Exhibits . Exhibit No. Description 23.1 Consent of Ping Xie, CPA LLC. 99.1 Audited financial statements of the Proterra Transit and Battery Leasing Business for the years ended December 31, 2023 and December 31, 2022. 99.2 Unaudited Pro Forma Condensed Combined Balance Sheet of Phoenix Motor Inc. as of December 31, 2023 and Unaudited Pro Forma Condensed Combined Statements of Income for the years ended December 31, 2023 and December 31, 2022. 104 Cover Page Interactive Data File (embedded within the Inline

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