Phoenix Motor Inc. Files 8-K Amendment on Officer/Director Changes
Ticker: PEVM · Form: 8-K/A · Filed: Apr 17, 2024 · CIK: 1879848
| Field | Detail |
|---|---|
| Company | Phoenix Motor Inc. (PEVM) |
| Form Type | 8-K/A |
| Filed Date | Apr 17, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0004 |
| Sentiment | neutral |
Sentiment: neutral
Topics: leadership-change, officer-appointment, director-election, compensation
TL;DR
Phoenix Motor Inc. amended its 8-K, signaling shifts in its board and executive team.
AI Summary
Phoenix Motor Inc. filed an amendment (No. 1) to its Form 8-K on April 17, 2024, reporting events that occurred on April 11, 2024. The filing pertains to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
Why It Matters
This amendment to the 8-K filing indicates changes in the company's leadership and executive compensation structure, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: medium — Changes in directorships, officer appointments, and compensation can signal internal shifts or strategic realignments that may carry inherent business risks.
Key Players & Entities
- Phoenix Motor Inc. (company) — Registrant
- April 11, 2024 (date) — Date of earliest event reported
- April 17, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
FAQ
What specific events are being amended in this 8-K filing?
This amendment (No. 1) to the 8-K filing pertains to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
On what date did the earliest reported event in this filing occur?
The earliest event reported in this filing occurred on April 11, 2024.
When was this amendment filed with the SEC?
This amendment was filed with the SEC on April 17, 2024.
What is the state of incorporation for Phoenix Motor Inc.?
Phoenix Motor Inc. is incorporated in Delaware.
What is the principal executive office address for Phoenix Motor Inc.?
The principal executive office address is 1500 Lakeview Loop, Anaheim, CA 92807.
Filing Stats: 679 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-04-17 16:53:35
Key Financial Figures
- $0.0004 — registered Common Stock, par value $0.0004 per share PEV The Nasdaq Stock Capi
Filing Documents
- tm2412117d1_8ka.htm (8-K/A) — 26KB
- 0001104659-24-048367.txt ( ) — 195KB
- pev-20240411.xsd (EX-101.SCH) — 3KB
- pev-20240411_lab.xml (EX-101.LAB) — 33KB
- pev-20240411_pre.xml (EX-101.PRE) — 22KB
- tm2412117d1_8ka_htm.xml (XML) — 4KB
02. Departure of Directors
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 11, 2024, Phoenix Motor Inc. (the "Company") appointed Lewis W. Liu as the Company's Chief Operating Officer, effective immediately Lewis W. Liu, age 61, has been serving as SVP of Operations and SVP of Vehicle Program & Business Development since July 2022. Prior to that, from January 2019 to April 2022, Dr. Liu worked as VP of Business Development & Strategy, Corporate Process Executive and Quality Task Force Head at Karma Automotive, an EV manufacturer based in Irvine, CA. Dr. Liu was a founding team member at AiKar, a California based EV technology start-up. Dr. Liu served as the Head of the Global Charging Business and Head of Strategic Partnerships for Faraday Future, another California based EV start-up. In addition, Dr. Liu was the Lead Director of the automotive practice for KPMG Advisory (China) in Beijing, China. Dr. Liu served as general manager with full P&L responsibility for a business unit of a global Fortune 500 electronics manufacturer operating five plants in the region. Dr. Liu also acted as a plant manager and regional supply chain head for this global Fortune 500 company. Dr. Liu holds an Ph.D. in Automotive Engineering from Tsinghua University, an MBA in Finance from the University of Chicago, an MS in Artificial Intelligence from the University of Mississippi, and a BS in Computer Science from Beijing Polytechnic University.
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 hereunto duly authorized. Dated: April 17, 2024 PHOENIX MOTOR INC. By: /s/ Xiaofeng Denton Peng Name: Xiaofeng Denton Peng Title: Chief Executive Officer and Chairman of the Board