PEVM · Phoenix Motor Inc. · Exempt Offerings
$0.00
At close · Oct 5
Return incl. dividend (before tax)
Going-concern doubt
— flagged Nov 12, 2025
Substantial doubt about the company's ability to continue as a going concern.
“We incurred a net loss of $8.4 million during the nine months ended September 30, 2025 and has incurred significant recurring losses before 2025. In addition, the cash flow used in operating activities was $5.8 million and we need to raise additional funds to sustain our operations. These factors raise substantial doubt as to our ability to continue as a going concern.”View the 10-Q filed Nov 12, 2025
Market Cap
$1,287
Shares
1.29M
Volume · Oct 5
690
Avg daily vol (17 sessions)
869
Private capital raises reported to the SEC on Form D under Regulation D, showing the offering size, amount sold, minimum investment and number of investors. Public operating companies rarely raise capital this way, so this page is often empty.