false 0001879848 0001879848 2023-12-28 2023-12-28 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

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

 

December 28, 2023

Date of Report (Date of earliest event reported)

 

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   PEV   NASDAQ Capital Market

 

x 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 Arrangement of Certain Officers.

 

Phoenix Motor Inc. (the “Company”) reports that J. Mark Hastings has been appointed as the Chief Investment Officer of the Company, effective December 28, 2023.

 

Mr. Hastings, age 60, has served as the Company’s SVP of Strategy and Corporate Development and Head of Investor Relations since August 2022. Prior to that, Mr. Hastings served as Vice President of Finance and Insurance and Head of Rodo Insurance Agency at Rodo Inc. where, as a Leadership Team Member, he established and headed its online fintech department and founded and served as head of Rodo Insurance Agency. From 2013 to 2018, Mark served as Principal, Portfolio Manager/Analyst and Head of Investor Relations at Geosphere Capital Management in New York, NY. From 2010 to 2013, Mr. Hastings served as Portfolio Manager/Trader and Head of Investor Relations at Saugatuck Energy in Southport, CT. From 2005 to 2007, Mr. Hastings was a Research Analyst at S.A.C. Capital Advisors (now Point72 Asset Management) in Stamford, CT. Prior to that, Mark was Director of Global Energy Sell Side Equity Research at Deutsche Bank in New York, NY from 2000 to 2003. From 1994 to 1999, Mr. Hastings was Vice President/Senior Industry Analyst of Sell Side Equity Research at Merrill Lynch & Co. Mark started his career as Senior Auditor at Exxon Corporation in New Jersey and Houston, TX from 1991 to 1994. Mr. Hastings was awarded a Bachelor of Arts degree in Economics from the University of Virginia and a Master of Business Administration degree in Finance from the University of Tennessee, where he earned the James M. Gower Outstanding MBA Achievement Award.

 

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.

 

  PHOENIX MOTOR INC.
   
Dated: January 2, 2024  
     
  By: /s/ Chris Wang
    Name: Chris Wang
    Title: Chief Financial Officer

 

3

 

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Cover
Dec. 28, 2023
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Dec. 28, 2023
Entity File Number 001-41414
Entity Registrant Name Phoenix Motor Inc.
Entity Central Index Key 0001879848
Entity Tax Identification Number 85-4319789
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One 1500 Lakeview Loop
Entity Address, City or Town Anaheim
Entity Address, State or Province CA
Entity Address, Postal Zip Code 92807
City Area Code 909
Local Phone Number 987-0815
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, par value $0.0004 per share
Trading Symbol PEV
Security Exchange Name NASDAQ
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
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