Phoenix Motor Inc. Faces Delisting Concerns
Ticker: PEVM · Form: 8-K · Filed: Jan 14, 2025 · CIK: 1879848
| Field | Detail |
|---|---|
| Company | Phoenix Motor Inc. (PEVM) |
| Form Type | 8-K |
| Filed Date | Jan 14, 2025 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0004 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, compliance, listing-standards
TL;DR
Phoenix Motor Inc. might be getting delisted - big trouble ahead.
AI Summary
Phoenix Motor Inc. filed an 8-K on January 14, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule or standard. The filing indicates a potential transfer of listing, with the earliest event reported on January 10, 2025. The company is incorporated in Delaware and its principal executive offices are located in Anaheim, California.
Why It Matters
This filing signals potential financial distress or non-compliance with exchange rules, which could significantly impact the company's stock trading and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards is a severe indicator of financial instability or significant operational issues.
Key Players & Entities
- Phoenix Motor Inc. (company) — Registrant
- January 10, 2025 (date) — Earliest event reported
- January 14, 2025 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- Anaheim, CA (location) — Principal Executive Offices
FAQ
What specific listing rule or standard has Phoenix Motor Inc. failed to satisfy?
The filing does not specify the exact rule or standard that Phoenix Motor Inc. has failed to satisfy, only that a notice has been received.
What is the reason for the potential transfer of listing?
The filing states 'Transfer of Listing' as an item of information, but does not provide the specific reasons or the destination exchange for the transfer.
When was the earliest event reported that led to this notice?
The earliest event reported in relation to this notice was on January 10, 2025.
What is the company's principal executive office address?
The company's principal executive offices are located at 1500 Lakeview Loop, Anaheim, CA 92807.
What is the company's telephone number?
The company's telephone number, including area code, is (909) 987-0815.
Filing Stats: 746 words · 3 min read · ~2 pages · Grade level 15 · Accepted 2025-01-14 06:15:29
Key Financial Figures
- $0.0004 — ch registered Common Stock, par value $0.0004 per share PEV The Nasdaq Stock Mark
Filing Documents
- form8-k.htm (8-K) — 38KB
- 0001493152-25-002009.txt ( ) — 210KB
- pev-20250110.xsd (EX-101.SCH) — 3KB
- pev-20250110_lab.xml (EX-101.LAB) — 33KB
- pev-20250110_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
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: January 13, 2025 PHOENIX MOTOR INC. By: /s/ Xiaofeng Denton Peng Name: Xiaofeng Denton Peng Title: Chief Executive Officer and Chairman of the Board