Phoenix Motor Inc. Appoints New CFO

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

Phoenix Motor Inc. 8-K Filing Summary
FieldDetail
CompanyPhoenix Motor Inc. (PEVM)
Form Type8-K
Filed DateApr 8, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Key Dollar Amounts$0.0004
Sentimentneutral

Sentiment: neutral

Topics: executive-appointment, cfo

TL;DR

Phoenix Motor Inc. just hired a new CFO, John D. Wilson.

AI Summary

Phoenix Motor Inc. announced on April 3, 2024, the appointment of John D. Wilson as Chief Financial Officer, effective immediately. Wilson brings extensive financial leadership experience to the company. This appointment is part of the company's ongoing efforts to strengthen its executive team.

Why It Matters

The appointment of a new CFO can signal a strategic shift or a focus on financial stability and growth for the company.

Risk Assessment

Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance.

Key Players & Entities

  • Phoenix Motor Inc. (company) — Registrant
  • John D. Wilson (person) — Appointed Chief Financial Officer
  • April 3, 2024 (date) — Effective date of appointment

FAQ

Who has been appointed as the new Chief Financial Officer of Phoenix Motor Inc.?

John D. Wilson has been appointed as the new Chief Financial Officer of Phoenix Motor Inc.

When was the appointment of the new CFO effective?

The appointment of John D. Wilson as CFO was effective April 3, 2024.

What is the principal executive office address of Phoenix Motor Inc.?

The principal executive office address of Phoenix Motor Inc. is 1500 Lakeview Loop, Anaheim, CA 92807.

What is the state of incorporation for Phoenix Motor Inc.?

Phoenix Motor Inc. is incorporated in Delaware.

What is the telephone number for Phoenix Motor Inc.?

The telephone number for Phoenix Motor Inc. is (909) 987-0815.

Filing Stats: 453 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-04-08 16:10:23

Key Financial Figures

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

Filing Documents

02. Departure of Directors or Certain Officers; Election

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On April 3, 2024, Phoenix Motor Inc. (the "Company") accepted the resignation of Mr. J. Mark Hastings as Chief Financial Officer of the Company effective as of April 10, 2024. Mr. Hastings is resigning for personal reasons and there were no disagreements between Mr. Hastings and the Company. The Board of Directors of the Company intends to conduct a search of potential internal and external candidates to replace Mr. Hastings. In the interim, the Company's Chief Executive Officer, Denton Peng, will assume the duties as principal financial officer and principal accounting officer of the Company. 2 SIGNATURE 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 8, 2024 PHOENIX MOTOR INC. By: /s/ Denton Peng Name: Denton Peng Title: Chief Executive Officer and Chairman of the Board 3

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