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The latest announcement is out from Phoenix Motor ( (PEVM) ).
On December 23, 2025, Phoenix Motor Inc. held its 2025 Annual Meeting of Stockholders, with approximately 82% of eligible shares represented, where shareholders elected five directors to one-year terms and ratified Summit Group CPAs as the company’s independent auditor for the 2025 fiscal year. Investors also approved a discretionary reverse stock split of up to 1-for-10 and a corresponding charter amendment to help the company meet Nasdaq’s minimum bid price and other listing standards, and ratified a bylaw change lowering the quorum requirement for future shareholder meetings to one-third of eligible shares, moves that collectively aim to preserve the company’s exchange listing and ease corporate governance processes.
Spark’s Take on PEVM Stock
According to Spark, TipRanks’ AI Analyst, PEVM is a Underperform.
Phoenix Motor Inc. is facing substantial financial challenges with negative equity and declining revenues. Technical indicators and valuation metrics offer no compelling upside. The lack of new earnings guidance adds to the uncertainty, resulting in a low overall score.
To see Spark’s full report on PEVM stock, click here.
More about Phoenix Motor
Phoenix Motor Inc. operates in the automotive and clean transportation sector, focusing on the development and production of electric vehicles and related technologies aimed at the commercial and consumer markets, with its shares listed on a U.S. public exchange and subject to Nasdaq quantitative listing requirements.
Average Trading Volume: 8,821
Technical Sentiment Signal: Sell
Current Market Cap: $4.81M
For an in-depth examination of PEVM stock, go to TipRanks’ Overview page.