Filing Details

Accession Number:
0001104659-23-104748
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-09-28 16:10:18
Reporting Period:
2023-09-26
Accepted Time:
2023-09-28 16:10:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1879848 Phoenix Motor Inc. PEV Truck & Bus Bodies (3713) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1935004 Edisonfuture, Inc. 1500 Lakeview Loop
Anaheim CA 92807
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2023-09-26 12,000,000 $1.02 5,500,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. 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.