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0001879848
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2025-08-02
2025-08-02
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of Report (Date of earliest event reported): August 2, 2025
Phoenix
Motor Inc.
(Exact
Name of Registrant as Specified in its Charter)
| Delaware |
|
001-41414 |
|
85-4319789 |
(State or other jurisdiction of
incorporation) |
|
(Commission
File Number) |
|
(I.R.S.
Employer
Identification No.) |
1500
Lakeview Loop
Anaheim,
CA |
|
92807 |
| (Address of Principal Executive
Offices) |
|
(Zip Code) |
Registrant’s
telephone number, including area code: (909) 987-0815
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
| ☐ |
Written communications
pursuant to Rule 425 under the Securities Act |
| |
|
| ☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act |
| |
|
| ☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities
registered pursuant to Section 12(b) of the Act:
| Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
| Common Stock, par value
$0.0004 per share |
|
PEVMD |
|
The Nasdaq Stock Market
LLC* |
*Trading
of the registrant’s common stock on Nasdaq was suspended on April 15, 2025. The registrant’s common stock is currently quoted
on the OTC Pink Limited Market under the symbol “PEVMD”
| ☒ |
Indicate by check mark whether the
registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). |
| |
|
|
If an emerging
growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with
any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. |
| Item 5.02. |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers. |
On
August 2, 2025, Phoenix Motor Inc. (the “Company”) accepted the resignation of Mr. Michael Yung as Chief Financial Officer
of the Company effective as of August 2, 2025. Mr. Yung is resigning for personal reasons and there were no disagreements between Mr.
Yung and the Company. His departure is not related to the operations, policies or practices of the Company or any issues regarding accounting
policies or practices.
The
Board of Directors of the Company intends to conduct a search of potential internal and external candidates to replace Mr. Yung. 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.
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: August 5, 2025 |
PHOENIX MOTOR INC. |
| |
|
| |
By: |
/s/
Denton Peng |
| |
Name: |
Denton
Peng |
| |
Title: |
Chief Executive Officer and Chairman of the Board |
