PEVM · Phoenix Motor Inc.
$0.76
+0.00 (+0.00%)
At close · Jul 21
Going-concern doubt
— flagged Nov 12, 2025
Substantial doubt about the company's ability to continue as a going concern.
“The Group has net loss of $8,418 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 $5,793 during the nine months ended September 30, 2025 and the Group needs to raise additional funds to sustain its operations. These factors raise substantial doubt as to the Group's ability to continue as a going concern.”View the 10-Q filed Nov 12, 2025
Market Cap
$9.78M
Shares
12.87M
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 3, 4 and 5. Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2024-04-28 | Chen Kristine |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2024-04-28 | Li Steven |
Director |
Other↑
|
No Securities Owned
|
0 |
| 2023-09-26 | EdisonFuture, Inc. |
10% Owner |
Sell↓
Filing footnotes — Common Stock (Direct)
The purchase price of $12,240,000 was paid $40,000 in cash on September 26, 2023 and the balance of $12,200,000 was paid by delivery of a secured promissory note dated September 26, 2023, bearing interest at 3% per annum, with the full principal amount of $12,200,000 due at maturity in 3 years, or September 26, 2026. The shares were also pledged as collateral for the seller EdisonFuture's benefit under a Stock Pledge Agreement dated September 26, 2023. |
Common Stock
|
12,000,000 |
| 2022-12-14 | Wang Wenbing |
Chief Financial Officer |
Award↑
|
Shares of Common Stock
|
3,000 |
| 2022-12-13 | Wang Wenbing |
Chief Financial Officer |
Award↑
|
Shares of Common Stock
|
1,000 |
| 2022-09-30 | Zhou Liang Lance |
Director, Chief Executive Officer |
Award↑
|
Shares of Common Stock
|
175,000 |
| 2022-09-30 | Wang Wenbing |
Chief Financial Officer |
Award↑
|
Shares of Common Stock
|
150,000 |
| 2022-09-30 | Peng Xiaofeng |
Director, See Remarks |
Award↑
|
Shares of Common Stock
|
150,000 |
Legend
Buy — open-market purchase
Sell — open-market sale
↑ Shares acquired
↓ Shares disposed (gift, conversion, tax…)
Showing 1–8 of 8 transactions