Form 8-K PHOENIX MOTOR INC. For: Apr 12

Go back to Form 8-K PHOENIX MOTOR INC. For: Apr 12

Phoenix Motor Inc (PEV) Receives Nasdaq Non-compliance Letter

April 16, 2024 4:36 PM EDT

On April 12, 2024, Phoenix Motor Inc (NASDAQ: PEV) received a letter (the Deficiency Letter) from the staff from the Nasdaq Listing Qualifications Department (the Staff) of The Nasdaq Stock Market LLC (Nasdaq) indicating that, based upon the closing bid price of the Companys common stock for the last 30 consecutive business days, the Company was not in compliance with the requirement to maintain a minimum bid price of $1 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Requirement).

The Deficiency Letter has no immediate effect on the listing of the Companys... More

Phoenix Motor Inc (PEV) Appoints Lewis W. Liu as CFO

April 16, 2024 4:35 PM EDT

On April 11, 2024, Phoenix Motor Inc (NASDAQ: PEV) appointed Lewis W. Liu as the Companys Chief Financial 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,... More