Phoenix Motor Inc. Announces Closing of $15,750,000 Initial Public Offering
Phoenix Motor Inc. (PEV)
Company Research
Source: Business Wire
ANAHEIM, Calif.--(BUSINESS WIRE)--Phoenix Motor Inc. (“Phoenix” or the “Company”) (NASDAQ: PEV), a California based company that designs, assembles, and integrates electric drive systems and light and medium duty electric vehicles (“EVs”), today announced the closing of its initial public offering (the “Offering”) of 2,100,000 shares of common stock at a public offering price of $7.50 per share (the “Common Stock”), for aggregate gross proceeds of $15.75 million before deducting underwriting discounts and commissions and offering expenses. The Offering closed on June 10, 2022 and the Common Stock began trading on June 8, 2022 on The Nasdaq Capital Market under the ticker symbol “PEV.”Prime Number Capital LLC acted as the sole book runner and representative of the underwriters for the Offering. Revere Securities LLC and Westpark Capital, Inc. acted as co-managers for the Offering. Loeb & Loeb LLP served as counsel to the Company, and Robinson & Cole LLP served as counsel to Prime N
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PEV
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- Phoenix Motor Expects to Report $14 Million to $16 Million Revenue in Q2 2024 [Yahoo! Finance]Yahoo! Finance
PEV
Sec Filings
- 4/26/24 - Form 8-K
- 4/18/24 - Form 8-K
- 4/18/24 - Form 8-K
- PEV's page on the SEC website