Phoenix Motor Inc. Held Annual Shareholder Meeting
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Phoenix Motor Inc. held its 2025 Annual Meeting of Stockholders on December 23, 2025. Stockholders elected five directors, approved Summit Group CPAs as the independent auditor, a reverse stock split of up to 1-for-10 shares, and an amendment to the certificate of incorporation. They also approved reducing the quorum requirement for shareholder meetings to one-third of the shares entitled to vote.
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